Commodities

The nominal value in the Commodities market is projected to reach US$2.01tn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 7.76% resulting in a projected total amount of US$2.92tn by 2029.
The average price per contract in the Commodities market amounts to US$0.00 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 501.90m 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 EAEU is experiencing a shift in customer preferences, trends, and local special circumstances that are shaping its development. Customer preferences in the EAEU Commodities market are increasingly focused on diversification and risk management.

Traders and investors are showing a growing interest in using Commodities as a tool to hedge against inflation or economic uncertainties. This preference is driving the demand for a wider range of Commodities products that offer exposure to different asset classes and markets. Trends in the EAEU Commodities market are being influenced by global market dynamics as well as regional economic conditions.

The adoption of technology and online trading platforms is on the rise, making it easier for market participants to access and trade Commodities. Additionally, regulatory changes and market reforms are creating new opportunities for growth and innovation in the Commodities sector. Local special circumstances in the EAEU are playing a significant role in shaping the Commodities market.

The region's geopolitical environment, trade agreements, and economic policies are impacting market sentiment and investment decisions. As EAEU countries continue to strengthen their economic ties and integration efforts, the Commodities market is poised to benefit from increased liquidity and market participation. Underlying macroeconomic factors such as GDP growth, inflation rates, and monetary policies are also influencing the development of the Commodities market in the EAEU.

Economic stability, market transparency, and regulatory frameworks are essential for attracting foreign investment and fostering a vibrant Commodities market in the region. Overall, the Commodities market in the EAEU is evolving in response to changing customer preferences, global trends, local circumstances, and macroeconomic factors. By adapting to these dynamics, market participants can navigate the challenges and seize the opportunities presented in the Commodities market in the EAEU.

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.