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 Honduras is experiencing a notable shift in recent years.
Customer preferences: Customers in Honduras are increasingly showing interest in Energy Product Derivatives as a way to diversify their investment portfolios and hedge against market volatility. This trend mirrors the global movement towards financial derivatives as investors seek more sophisticated risk management tools.
Trends in the market: The Energy Product Derivatives market in Honduras is witnessing a steady growth in trading volume and market participation. This can be attributed to the growing awareness among investors about the benefits of derivatives trading, such as leverage and the ability to profit from both rising and falling markets. Additionally, advancements in technology have made it easier for retail investors to access and trade these financial instruments.
Local special circumstances: Honduras, being a developing economy, is seeing an increasing number of institutional investors and fund managers entering the Energy Product Derivatives market. This influx of institutional capital is contributing to the overall growth and maturity of the market. Moreover, the regulatory environment in Honduras is becoming more conducive to derivatives trading, providing a supportive framework for market participants.
Underlying macroeconomic factors: The development of the Energy Product Derivatives market in Honduras is also influenced by broader macroeconomic factors. Economic stability, political reforms, and infrastructure development are creating a favorable environment for investment in financial derivatives. Additionally, the country's strategic location and growing energy sector are attracting foreign investors looking to capitalize on the market opportunities in Honduras.
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