Skip to main content
  1. Market Insights
  2. Financial
  3. Commodities

Energy Product Derivatives - Madagascar

Madagascar
  • The nominal value in the Energy Product Derivatives market is projected to reach US$10.04bn in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 5.70% resulting in a projected total amount of US$13.25bn by 2029.
  • The average price per contract in the Energy Product Derivatives market amounts to US$0.28 in 2024.
  • From a global comparison perspective it is shown that the highest nominal value is reached United States (US$26.91tn in 2024).
  • In the Energy Product Derivatives market, the number of contracts is expected to amount to 37.87k by 2029.

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.

In-Scope

  • Energy Product Derivatives, e.g. natural gas, crude oil

Out-Of-Scope

  • Physical energy products
Energy Product Derivatives: market data & analysis - Cover

Market Insights report

Energy Product Derivatives: market data & analysis

Study Details

    Value Development

    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

    Volume

    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

    Analyst Opinion

    The Energy Product Derivatives market in Madagascar is experiencing a notable shift in recent times. Customer preferences in Madagascar are increasingly leaning towards more diverse investment options, including Energy Product Derivatives, as investors seek to diversify their portfolios and hedge against market volatility.

    Trends in the market show a growing interest in Energy Product Derivatives in Madagascar, driven by the need for risk management and speculation opportunities in the energy sector. The market is witnessing an uptick in trading activities and product innovations to cater to the evolving needs of investors. Local special circumstances, such as the country's efforts to enhance its energy infrastructure and attract foreign investments in the sector, are contributing to the development of the Energy Product Derivatives market in Madagascar.

    Additionally, the government's initiatives to promote renewable energy sources are creating new opportunities for derivative products linked to clean energy. Underlying macroeconomic factors, including economic growth, regulatory reforms, and geopolitical stability, are playing a crucial role in shaping the Energy Product Derivatives market in Madagascar. As the country continues to strengthen its position in the energy sector, the demand for derivative products is expected to rise further, offering investors a platform to manage risks and capitalize on market trends.

    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.

    Financial

    Access more Market Insights on Financial topics with our featured report

    Energy Product Derivatives: market data & analysis - BackgroundEnergy Product Derivatives: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Contact

    Get in touch with us. We are happy to help.