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
In Iraq, the Agricultural Product Derivatives market is experiencing a notable surge in interest and activity.
Customer preferences: Investors in Iraq are increasingly turning to Agricultural Product Derivatives as a means to diversify their portfolios and hedge against market volatility. The appeal of these derivatives lies in their potential for high returns and the opportunity to speculate on price movements without owning the physical assets.
Trends in the market: One of the key trends in the Agricultural Product Derivatives market in Iraq is the growing awareness and understanding of these financial instruments among investors. As more educational resources become available and market participants gain confidence in trading derivatives, the market is seeing a steady increase in trading volumes and liquidity. Additionally, the integration of technology in trading platforms has made it easier for investors to access and trade Agricultural Product Derivatives in Iraq.
Local special circumstances: Iraq's economy, heavily reliant on oil exports, is vulnerable to fluctuations in global oil prices. This dependence has prompted investors to seek alternative investment opportunities, such as Agricultural Product Derivatives, to diversify their portfolios and mitigate risk. The agricultural sector in Iraq also plays a significant role in the country's economy, further driving interest in Agricultural Product Derivatives as a way to capitalize on market movements in this sector.
Underlying macroeconomic factors: The geopolitical landscape in Iraq, characterized by political instability and security challenges, has a direct impact on the country's economy and financial markets. Investors in Iraq are turning to Agricultural Product Derivatives as a way to navigate these uncertainties and potentially profit from market developments. Additionally, government initiatives to promote agricultural growth and self-sufficiency are creating opportunities for investors to participate in the agricultural sector through derivatives trading.
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