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.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 Commodities market in Asia has been experiencing significant growth and evolution in recent years. Customer preferences in the Asian Commodities market are shifting towards more diverse investment options, with a growing interest in alternative assets such as commodity derivatives.
Investors are increasingly looking for ways to diversify their portfolios and hedge against market volatility, driving the demand for commodities trading in the region. Trends in the market show that countries like China and India are becoming key players in the Asian Commodities market. China, as one of the largest consumers of commodities globally, has a significant impact on commodity prices and trading volumes.
On the other hand, India's growing economy and increasing demand for commodities are also driving the market forward. Local special circumstances in Asian countries, such as regulatory changes and government policies, play a crucial role in shaping the Commodities market. For example, in Singapore, the government has been actively promoting the country as a trading hub for commodities, attracting international investors and boosting trading activities in the region.
Underlying macroeconomic factors, such as economic growth, inflation rates, and currency movements, also influence the Commodities market in Asia. Countries with strong economic performance and stable political environments tend to attract more investment in commodities, while fluctuations in currency values can impact trading activities and prices.
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: Jan 2025
SOURCE: Statista Market Insights