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
The Agricultural Product Derivatives market in Portugal is experiencing a notable shift in recent times.
Customer preferences: Portuguese investors are increasingly turning to Agricultural Product Derivatives as a way to diversify their portfolios and hedge against market volatility. The appeal of these derivatives lies in their potential for high returns and the ability to speculate on price movements without owning the physical commodities.
Trends in the market: One key trend in the Agricultural Product Derivatives market in Portugal is the growing interest in derivatives linked to olive oil and wine. Portugal is known for its high-quality olive oil and wine production, making these derivatives attractive to both domestic and international investors. Additionally, there is a rising demand for derivatives related to cork, given Portugal's significant cork industry.
Local special circumstances: Portugal's agricultural sector plays a vital role in the economy, contributing to exports and employment. As such, there is a strong connection between the performance of the agricultural sector and the demand for Agricultural Product Derivatives in the country. The government's support for the agricultural industry and efforts to promote sustainability also influence the development of the derivatives market.
Underlying macroeconomic factors: The overall economic stability and growth in Portugal, coupled with favorable regulatory environment for financial markets, are supporting the expansion of the Agricultural Product Derivatives market. Additionally, the increasing integration of Portugal into the global economy and trade partnerships are creating opportunities for investors to access a wider range of agricultural derivatives.
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