Agricultural Product Derivatives - Mauritius

Mauritius

The nominal value in the Agricultural Product Derivatives market is projected to reach US$2.54bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.73% resulting in a projected total amount of US$3.20bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.01 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 78.18k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Agricultural Product Derivatives market in Mauritius is experiencing a notable shift in recent years.

Customer preferences: Investors in Mauritius are increasingly showing interest in Agricultural Product Derivatives as a way to diversify their portfolios and hedge against market volatility. The potential for high returns and the opportunity to speculate on price movements are attracting a growing number of market participants.

Trends in the market: One of the key trends in the Agricultural Product Derivatives market in Mauritius is the rising demand for structured products tailored to the specific needs of local investors. As market sophistication increases, there is a growing appetite for more complex derivative instruments that offer unique risk-return profiles.

Local special circumstances: Mauritius, being a small island economy heavily reliant on agriculture, has a unique set of circumstances that drive the Agricultural Product Derivatives market. The country's exposure to weather-related risks and fluctuating commodity prices makes derivatives an attractive tool for farmers and agribusinesses to manage their risk exposure.

Underlying macroeconomic factors: The development of the Agricultural Product Derivatives market in Mauritius is also influenced by broader macroeconomic factors such as interest rates, inflation, and government policies. As the country continues to liberalize its financial markets and attract foreign investment, the demand for derivative products is expected to grow further.

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.