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The Commodities market in Belize has been experiencing significant growth and development in recent years. Customer preferences in Belize are shifting towards more diverse investment options, including Commodities, as investors seek to diversify their portfolios and hedge against market volatility.
Trends in the Commodities market in Belize indicate a growing interest in financial derivatives, driven by the need for risk management and potential for higher returns compared to traditional investment options. Local special circumstances, such as the country's strategic location and stable political environment, have attracted foreign investors to the Belizean Commodities market, further fueling its growth and development. Underlying macroeconomic factors, such as stable economic growth, low inflation rates, and favorable government policies, have created a conducive environment for the expansion of the Commodities market in Belize.
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)