Agricultural Product Derivatives - Mexico

Mexico

Highlights

The nominal value in the Agricultural Product Derivatives market is projected to reach US$312.30bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.28% resulting in a projected total amount of US$403.80bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.42 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 746.50k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Agricultural Product Derivatives market in Mexico has been experiencing significant growth and transformation in recent years. Customer preferences in Mexico are shifting towards more diverse and sophisticated investment options, including Agricultural Product Derivatives.

Investors are increasingly looking for ways to diversify their portfolios and manage risks effectively, leading to a growing demand for these financial instruments. Trends in the market indicate a rising interest in Agricultural Product Derivatives among Mexican investors, driven by the country's strong agricultural sector. The market is witnessing an expansion in product offerings and trading volumes, reflecting the growing confidence in these derivatives as viable investment tools.

Local special circumstances in Mexico, such as the country's rich agricultural resources and the increasing integration of its economy into global markets, are contributing to the development of the Agricultural Product Derivatives market. These circumstances provide a solid foundation for the market to thrive and attract both domestic and international investors. Underlying macroeconomic factors, including favorable government policies, technological advancements in agricultural practices, and the overall stability of the Mexican economy, are further supporting the growth of Agricultural Product Derivatives in the country.

These factors create a conducive environment for market expansion and innovation, driving the continued evolution of the sector.

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.