Definition:
The Agricultural Product Derivatives market refers to derivatives of agricultural products such as coffee or rice. These include financial vehicles such as options and futures. Derivatives allow investors to profit from a commodity’s value development without owning the physical commodity (e.g. instead of owning a unit of rice, an investor could own a derivative of rice). Therefore, physical commodities are out of scope in this analysis.Structure:
The market contains the following KPIs: annual notional value, the number of traded contracts, the open interest (number of outstanding contracts at the end of a year), the average notional value per contract as well as the price data of popular specific derivatives of this category.Additional information:
Examples of popular Agricultural product derivatives are coffee, rice, or barley.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Amidst a growing interest in agricultural product derivatives, Honduras is experiencing a notable evolution in its market trends. Customer preferences in Honduras are shifting towards more diverse investment options, reflecting a global trend where investors seek to diversify their portfolios with alternative assets.
This has led to an increased demand for agricultural product derivatives as a way to hedge against market volatility and potentially achieve higher returns. Trends in the market indicate a rising participation of institutional investors in agricultural product derivatives in Honduras. This trend aligns with the broader regional movement towards financialization of commodities markets, where institutional investors are increasingly looking at agricultural derivatives as a viable investment option.
Local special circumstances, such as the country's reliance on agriculture as a key economic sector, play a significant role in driving the development of the agricultural product derivatives market in Honduras. The agricultural sector's importance in the country's economy makes agricultural derivatives a crucial financial tool for stakeholders to manage risks associated with price fluctuations and ensure stability in the market. Underlying macroeconomic factors, including global trade dynamics and commodity price movements, also influence the agricultural product derivatives market in Honduras.
As a country highly dependent on agricultural exports, Honduras is susceptible to fluctuations in global commodity prices. This makes agricultural derivatives an attractive option for market participants to mitigate risks and capitalize on market opportunities in a volatile economic environment.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights