Agricultural Product Derivatives - Oman

Oman

Highlights

The nominal value in the Agricultural Product Derivatives market is projected to reach US$3.13bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.31% resulting in a projected total amount of US$4.06bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.02 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 132.80k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

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

Customer preferences: Omani investors and traders in the Agricultural Product Derivatives market are increasingly showing interest in diversifying their portfolios and seeking alternative investment opportunities. This trend aligns with global market behavior where investors are looking beyond traditional asset classes for higher returns and risk management.

Trends in the market: In Oman, there is a growing demand for Agricultural Product Derivatives as investors seek to hedge against price volatility and speculate on future price movements. The market is witnessing an uptick in trading volumes and liquidity, indicating a maturing market ecosystem. Additionally, the introduction of innovative derivative products tailored to the specific needs of Omani investors is further fueling market growth.

Local special circumstances: One of the unique aspects of the Agricultural Product Derivatives market in Oman is the emphasis on sustainability and environmental impact. Omani investors are increasingly considering ESG (Environmental, Social, and Governance) factors when making investment decisions in the agricultural sector. This focus on sustainability is shaping the development of new derivative products that align with responsible investing practices.

Underlying macroeconomic factors: The favorable macroeconomic environment in Oman, including stable economic growth and government initiatives to promote the financial market, is providing a conducive backdrop for the growth of the Agricultural Product Derivatives market. Additionally, the increasing integration of Oman into the global financial system is attracting foreign investors to the market, further boosting liquidity and market efficiency.

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.