Energy Product Derivatives - Angola

Angola

The nominal value in the Energy Product Derivatives market is projected to reach US$67.77bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 6.15% resulting in a projected total amount of US$91.33bn by 2029.
The average price per contract in the Energy Product Derivatives market amounts to US$0.46 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$26,910.00bn in 2024).
In the Energy Product Derivatives market, the number of contracts is expected to amount to 157.60k by 2029.

Market

Region

Region comparison

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Analyst Opinion

The Energy Product Derivatives market in Angola is experiencing a notable shift in recent years. Customer preferences in Angola are increasingly leaning towards Energy Product Derivatives as a way to hedge against price volatility and manage risk in the energy sector.

This growing interest is driven by the desire to protect investments and ensure stability in an industry known for its fluctuations. Trends in the market indicate a rising demand for Energy Product Derivatives, reflecting a broader global movement towards financial instruments in the energy sector. Angola's market is aligning with this trend as investors seek more sophisticated tools to navigate the complexities of energy markets.

Local special circumstances, such as the country's heavy reliance on oil production, play a significant role in shaping the Energy Product Derivatives market in Angola. The need to mitigate risks associated with fluctuations in oil prices has led to an increased adoption of derivative instruments among market participants. Underlying macroeconomic factors, including the country's economic diversification efforts and regulatory environment, are also influencing the development of the Energy Product Derivatives market in Angola.

As the government works towards reducing its dependence on oil revenues, market dynamics are evolving, creating opportunities for derivative products to play a more prominent role in the energy sector.

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.