Agricultural Product Derivatives - Morocco

Morocco

Highlights

The nominal value in the Agricultural Product Derivatives market is projected to reach US$325.00m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.53% resulting in a projected total amount of US$405.60m by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.00 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 215.50k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Over the past few years, the Agricultural Product Derivatives market in Morocco has been experiencing significant growth and development.

Customer preferences: Moroccan investors and traders have shown a growing interest in Agricultural Product Derivatives as a way to diversify their investment portfolios and hedge against price fluctuations in the agricultural sector. The ease of trading and potential for high returns have attracted a new wave of investors looking to capitalize on the volatility of agricultural commodity prices.

Trends in the market: One of the key trends in the Agricultural Product Derivatives market in Morocco is the increasing adoption of online trading platforms. This trend has been driven by the convenience and accessibility of online trading, allowing investors to monitor market movements and execute trades in real-time. Additionally, there has been a growing demand for more sophisticated derivative products tailored to the specific needs of Moroccan investors.

Local special circumstances: Morocco's agricultural sector plays a crucial role in the country's economy, accounting for a significant portion of GDP and employment. As a result, there is a strong connection between the performance of the agricultural sector and the demand for Agricultural Product Derivatives in the country. Weather conditions, government policies, and global market trends all have a direct impact on the agricultural sector in Morocco, influencing the trading activity in Agricultural Product Derivatives.

Underlying macroeconomic factors: The overall economic stability and growth in Morocco have also contributed to the development of the Agricultural Product Derivatives market. As the country continues to implement structural reforms and attract foreign investment, there is a positive outlook for the agricultural sector and derivative markets. Additionally, the increasing integration of Morocco into the global economy and trade networks has opened up new opportunities for investors looking to participate in the Agricultural Product Derivatives market.

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.