Agricultural Product Derivatives - Croatia

  • Croatia
  • The nominal value in the Agricultural Product Derivatives market is projected to reach US$15.50bn in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 5.11% resulting in a projected total amount of US$19.89bn by 2029.
  • The average price per contract in the Agricultural Product Derivatives market amounts to US$0.10 in 2024.
  • From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$12,320.00bn in 2024).
  • In the Agricultural Product Derivatives market, the number of contracts is expected to amount to 159.80k by 2029.
 
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Analyst Opinion

The Agricultural Product Derivatives market in Croatia is experiencing a shift in customer preferences towards more diverse and sophisticated investment options.

Customer preferences:
Investors in Croatia are increasingly looking for alternative investment opportunities beyond traditional financial instruments. This shift is driven by the desire to diversify portfolios and potentially achieve higher returns. Agricultural product derivatives offer a unique way to participate in the market without directly owning physical assets, appealing to investors seeking exposure to commodities.

Trends in the market:
One notable trend in the Croatian Agricultural Product Derivatives market is the growing interest in derivatives linked to specific agricultural products such as wheat, corn, and soybeans. This trend is influenced by global market dynamics and price fluctuations in key commodities, prompting investors to capitalize on potential price movements through derivative instruments. Additionally, the introduction of innovative derivative products tailored to the agricultural sector is attracting more participants to the market.

Local special circumstances:
Croatia's agricultural sector plays a significant role in the country's economy, making agricultural product derivatives particularly relevant for investors looking to align their portfolios with local industries. The stability and growth potential of Croatia's agricultural sector contribute to the attractiveness of agricultural product derivatives as a strategic investment choice. Moreover, the presence of established agricultural exchanges and regulatory frameworks further supports the development of the derivatives market in the country.

Underlying macroeconomic factors:
The development of the Agricultural Product Derivatives market in Croatia is also influenced by broader macroeconomic factors such as inflation rates, interest rates, and global trade dynamics. Fluctuations in commodity prices, currency exchange rates, and geopolitical events can impact the performance of agricultural product derivatives, highlighting the importance of staying informed about external factors that may affect market conditions. As Croatia continues to integrate with global financial markets, the Agricultural Product Derivatives market is poised to evolve in response to changing economic landscapes.

Methodology

Data coverage:

Figures are based on commodity derivatives, their notional value, the number of contracts traded, the open interest (outstanding contracts at the end of a year), and the average value of a contract.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use market research & analysis, and data of World Bank, as well as the World Federation of Exchanges. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus such as GDP, wealth per capita, and the online banking penetration rate. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita an the online banking penetration rate.

Additional Notes:

The market is updated twice per year in case market dynamics change.

Overview

  • Value Development
  • Volume
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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