Commodities - Americas

Americas

The nominal value in the Commodities market is projected to reach US$63,730.00bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 1.85% resulting in a projected total amount of US$69,840.00bn by 2029.
The average price per contract in the Commodities market amounts to US$0.06 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$53,690.00bn in 2024).
In the Commodities market, the number of contracts is expected to amount to 1,209,000.00k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Americas is a dynamic and evolving sector influenced by various factors.

Customer preferences: Investors in the Americas have shown a growing interest in commodities as an alternative investment option to diversify their portfolios. The potential for high returns and hedging against inflation drives many customers to explore commodities trading.

Trends in the market: In the United States, the Commodities market is witnessing a trend towards increased participation from retail investors, drawn by the accessibility of online trading platforms and the opportunity to invest in a wide range of commodities. This trend is further fueled by the growing popularity of exchange-traded funds (ETFs) that track commodity prices.

Local special circumstances: In Brazil, the Commodities market is heavily influenced by the country's significant agricultural production. The prices of commodities such as soybeans, coffee, and sugar have a direct impact on the Brazilian economy, making it a key player in the global commodities market. Additionally, Brazil's strong ties to China as a major trading partner contribute to the fluctuations in commodity prices in the region.

Underlying macroeconomic factors: The economic stability and growth prospects in the Americas play a crucial role in shaping the Commodities market. Factors such as interest rates, inflation, and geopolitical events impact commodity prices and trading volumes. Additionally, government policies and regulations regarding commodity trading have a significant influence on market dynamics in the region.

Methodology

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.