Commodities

The nominal value in the Commodities market is projected to reach US$549.90bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 1.90% resulting in a projected total amount of US$604.10bn by 2029.
The average price per contract in the Commodities market amounts to US$0.30 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 2.08m 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

The Commodities market in Austria is experiencing a shift in customer preferences, trends, and local special circumstances that are shaping its development.

Customer preferences: Austrian investors are increasingly turning to Commodities as a way to diversify their investment portfolios and hedge against market volatility. This growing interest is driven by the desire for alternative investment options beyond traditional stocks and bonds, offering the potential for higher returns.

Trends in the market: One notable trend in the Austrian Commodities market is the rising popularity of trading financial derivatives linked to commodities. Investors are drawn to the flexibility and leverage these instruments provide, allowing them to speculate on price movements without owning the physical assets. This trend reflects a broader shift towards more sophisticated trading strategies in the Austrian financial sector.

Local special circumstances: Austria's strategic location in the heart of Europe positions it as a key player in the regional Commodities market. The country's strong economic stability and well-regulated financial system make it an attractive destination for investors looking to access the European Commodities market. Additionally, Austria's close ties to neighboring countries create opportunities for cross-border trading and collaboration in the Commodities sector.

Underlying macroeconomic factors: The development of the Commodities market in Austria is also influenced by underlying macroeconomic factors such as global economic conditions, geopolitical events, and regulatory changes. Economic uncertainty and market volatility can drive demand for Commodities as a safe haven asset, while shifts in government policies and trade agreements can impact the supply and pricing of Commodities in the Austrian market. Overall, the interplay of these factors contributes to the dynamic nature of the Commodities market in Austria.

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.