Definition:
The Energy Product Derivatives market refers to derivatives of energy products such as crude oil or coal. 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 crude oil, an investor could own a derivative of crude oil). Therefore, physical commodities are out of scope in this analysis.Structure:
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), the average notional value per contract as well as the price data of popular specific derivatives of this category.Additional information:
Examples of popular energy product derivatives are crude oil, coal, or natural gas.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
The Energy Product Derivatives market in Austria is witnessing a shift towards renewable energy sources, reflecting a global trend towards sustainability and environmental consciousness. Customer preferences in Austria are increasingly leaning towards green energy solutions, driving the demand for energy product derivatives linked to renewable sources such as wind and solar power.
This shift is in line with the growing awareness and commitment to reduce carbon emissions and combat climate change, aligning with the country's ambitious renewable energy targets. Trends in the market indicate a rise in the trading of energy product derivatives linked to clean energy sources, with investors and energy companies focusing on sustainable investments. This trend is supported by government initiatives and incentives promoting renewable energy projects, creating a favorable environment for the growth of green energy derivatives in the market.
Local special circumstances in Austria, such as its geographical location and natural resources, play a significant role in shaping the energy product derivatives market. The country's access to hydropower and other renewable energy sources positions it as a key player in the transition towards clean energy, attracting investments and driving innovation in the sector. Underlying macroeconomic factors, including regulatory frameworks and energy policies, also influence the development of the energy product derivatives market in Austria.
The government's support for renewable energy projects, coupled with the integration of sustainable practices in the energy sector, sets the stage for continued growth and expansion of green energy derivatives in the market.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights