Energy Product Derivatives - Jordan

  • Jordan
  • The nominal value in the Energy Product Derivatives market is projected to reach US$991.00m in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 5.88% resulting in a projected total amount of US$1,319.00m by 2029.
  • The average price per contract in the Energy Product Derivatives market amounts to US$0.01 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 94.74k by 2029.
 
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Analyst Opinion

The Energy Product Derivatives market in Jordan is witnessing a steady growth trajectory driven by various factors influencing customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Energy Product Derivatives market in Jordan are shifting towards more diversified investment portfolios.

Investors are increasingly looking to hedge against energy price fluctuations and capitalize on market volatility. This trend is in line with global market behavior, where investors are seeking alternative investment options to manage risk and enhance returns. Trends in the Energy Product Derivatives market in Jordan indicate a growing interest in renewable energy derivatives.

With the global push towards sustainable energy sources, there is a rising demand for derivatives linked to renewable energy products. This trend is also influenced by Jordan's efforts to increase its renewable energy capacity and reduce dependence on traditional fossil fuels. Local special circumstances in Jordan, such as government initiatives to promote energy diversification and attract foreign investment in the energy sector, are contributing to the development of the Energy Product Derivatives market.

These special circumstances create a conducive environment for market growth and innovation, attracting both domestic and international investors to participate in the market. Underlying macroeconomic factors, including geopolitical stability in the region, regulatory reforms to enhance market transparency, and economic growth prospects, are bolstering the Energy Product Derivatives market in Jordan. These factors provide a stable foundation for market expansion and attract institutional investors looking for opportunities in emerging markets.

Overall, the Energy Product Derivatives market in Jordan is evolving in response to changing customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. As the market continues to develop, it is expected to play a significant role in the country's energy sector and contribute to its overall economic growth and stability.

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.

Overview

  • Value Development
  • Volume
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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