Agricultural Product Derivatives - Greece

Greece

Highlights

The nominal value in the Agricultural Product Derivatives market is projected to reach US$46.25bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.05% resulting in a projected total amount of US$59.18bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.34 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached United States (US$12.32tn in 2024).
In the Agricultural Product Derivatives market, the number of contracts is expected to amount to 127.70k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Agricultural Product Derivatives market in Greece has been experiencing notable developments in recent years. Customer preferences in Greece have shown a growing interest in Agricultural Product Derivatives as a way to diversify investment portfolios and hedge against market volatility.

Investors are increasingly looking for alternative investment options beyond traditional financial instruments. Trends in the market indicate a shift towards more sophisticated trading strategies and the adoption of advanced risk management tools. This trend is driven by the need to navigate the uncertainties in the global economy and the agricultural sector, leading market participants to seek innovative ways to manage their exposure.

Local special circumstances, such as the country's strong agricultural sector and its vulnerability to external factors like climate change and trade policies, play a significant role in shaping the Agricultural Product Derivatives market in Greece. The country's reliance on agriculture as a key economic driver creates a unique environment for market participants to engage in derivative trading. Underlying macroeconomic factors, including changing consumer preferences, government policies, and global market dynamics, also influence the development of the Agricultural Product Derivatives market in Greece.

As the country continues to navigate economic challenges and seeks avenues for growth, the derivatives market offers opportunities for investors to participate in the agricultural sector without directly owning physical assets.

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.