Commodities

The nominal value in the Commodities market is projected to reach US$2.91bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 6.95% resulting in a projected total amount of US$4.07bn by 2029.
The average price per contract in the Commodities 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$53.69tn in 2024).
In the Commodities market, the number of contracts is expected to amount to 1.04m by 2029.

Definition:

The commodities market refers to derivatives of commodities. 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 Gold, an investor could own a derivative of Gold). Therefore, physical commodities are out of scope in this analysis.

Structure:

The commodities market comprises derivatives of precious metals, industrial metals, energy products, agricultural products & the Emission Trade System. The segments of precious metals, industrial metals, energy products, and agricultural products are also providing price data of popular specific derivatives. The segment data of the Emission Trade System (ETS) is only provided for countries where an ETS is in place (therefore the number of countries where data is shown is reduced in comparison to other segments).

Additional information:

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) as well as the average notional value per contract. Furthermore, the share of futures and options is provided for these KPIs to display even more insights into this market.

Options & Futures
Precious Metal Derivatives
Industry Metal Derivatives
Energy Product Derivatives
Agricultural Product Derivatives
Emission Trading System

Physical commodities
Other Derivative types
other Commodity Types

Algeria, a country known for its rich history and diverse culture, has been experiencing interesting developments in the Commodities market. Customer preferences in Algeria lean towards investing in Commodities as a way to diversify their portfolios and hedge against market volatility.

With a growing interest in alternative investment options, many investors in Algeria are turning to Commodities as a way to potentially generate higher returns. Trends in the market show a shift towards increased participation from retail investors in Commodities trading. This trend is driven by greater access to online trading platforms and a growing awareness of the potential benefits of investing in Commodities.

As more retail investors enter the market, trading volumes are on the rise, contributing to the overall growth of the Commodities market in Algeria. Local special circumstances, such as government policies and regulations, play a significant role in shaping the Commodities market in Algeria. The government's focus on economic diversification and development has led to initiatives that support the growth of the financial markets, including the Commodities market.

Additionally, the country's strategic location and natural resources contribute to its attractiveness as a market for Commodities trading. Underlying macroeconomic factors, such as inflation rates and currency fluctuations, also impact the Commodities market in Algeria. Investors often turn to Commodities as a way to protect their wealth during times of economic uncertainty, making the market particularly sensitive to macroeconomic conditions.

As Algeria continues to navigate economic challenges and pursue reforms, the Commodities market is likely to remain a key area of focus for investors seeking stability and growth opportunities.

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.

This report presents a comprehensive analysis and additional information on the Financial market, in a PDF format.