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Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
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Mon - Fri, 9am - 6pm (EST)
The Agricultural Product Derivatives market in Zimbabwe is experiencing a notable shift in recent years.
Customer preferences: Customers in Zimbabwe are increasingly turning to Agricultural Product Derivatives as a way to diversify their investment portfolios and hedge against market volatility. The appeal of these financial instruments lies in their potential for high returns and the opportunity to speculate on price movements without owning the physical commodities.
Trends in the market: One of the key trends in the Agricultural Product Derivatives market in Zimbabwe is the growing interest from retail investors. As more individuals seek alternative investment options, the demand for derivatives tied to agricultural products such as maize, tobacco, and cotton is on the rise. This trend is also fueled by the convenience and accessibility of trading these derivatives online.
Local special circumstances: Zimbabwe's agricultural sector plays a crucial role in the economy, making Agricultural Product Derivatives particularly relevant in the local market. The country has a strong agricultural base, with a focus on crops like tobacco, maize, and cotton. This specialization in key agricultural commodities creates a conducive environment for the development of a robust derivatives market.
Underlying macroeconomic factors: The development of the Agricultural Product Derivatives market in Zimbabwe is also influenced by broader macroeconomic factors. Economic stability, government policies, and global market trends all play a role in shaping the demand for these financial instruments. As Zimbabwe continues to navigate economic challenges and promote financial market growth, the Agricultural Product Derivatives market is expected to evolve further.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)