Commodities - Central & Western Europe

Central & Western Europe

The nominal value in the Commodities market is projected to reach US$11,940.00bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.09% resulting in a projected total amount of US$14,590.00bn by 2029.
The average price per contract in the Commodities market amounts to US$0.07 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 120,800.00k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Central & Western Europe is experiencing a significant shift in customer preferences, leading to notable trends and developments in the region.

Customer preferences: Customers in Central & Western Europe are increasingly drawn to Commodities as a way to diversify their investment portfolios and hedge against market volatility. The ease of trading and potential for high returns are driving more investors towards this market segment.

Trends in the market: One trend observed in Central & Western Europe is the growing interest in green Commodities, such as renewable energy and sustainable agriculture derivatives. This shift is in line with the global movement towards environmentally friendly investments and reflects the region's commitment to sustainability.

Local special circumstances: Central & Western Europe's strong regulatory framework and focus on transparency are shaping the Commodities market in unique ways. Investors in the region are particularly attentive to compliance with ESG (Environmental, Social, and Governance) standards, influencing the types of Commodities products that gain traction.

Underlying macroeconomic factors: The economic stability and growth prospects of Central & Western European countries play a crucial role in driving the Commodities market forward. As the region continues to recover from the impacts of the global pandemic, investors are seeking alternative investment opportunities, with Commodities emerging as a favorable choice. Additionally, the region's strategic location and well-established financial infrastructure contribute to the development of the Commodities market.

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.