Commodities - Burundi

Burundi

The nominal value in the Commodities market is projected to reach US$4,844.00m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.06% resulting in a projected total amount of US$6,201.00m by 2029.
The average price per contract in the Commodities market amounts to US$0.02 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 320.20k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Burundi is experiencing a notable surge in activity and interest among investors.

Customer preferences: Investors in Burundi are increasingly turning to the Commodities market as a means of diversifying their investment portfolios and seeking higher returns compared to traditional investment options.

Trends in the market: The Commodities market in Burundi is witnessing a growing trend towards increased participation from retail investors, who are attracted to the potential for quick profits offered by trading in financial derivatives. This trend is further fueled by the ease of access to online trading platforms, which have made it more convenient for individual investors to engage in Commodities trading.

Local special circumstances: One of the key factors driving the development of the Commodities market in Burundi is the country's growing economy and increasing disposable income levels among the population. As more Burundians seek to grow their wealth through investment opportunities, the Commodities market presents an attractive option for those looking to capitalize on market fluctuations and volatility.

Underlying macroeconomic factors: The development of the Commodities market in Burundi is also influenced by broader macroeconomic factors such as inflation rates, interest rates, and overall market stability. As the country continues to work towards economic growth and stability, investors are more confident in exploring alternative investment avenues like the Commodities market to maximize their returns and hedge against inflation risks.

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.