Energy Product Derivatives - North America

North America

The nominal value in the Energy Product Derivatives market is projected to reach US$28.14tn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 1.48% resulting in a projected total amount of US$30.29tn by 2029.
The average price per contract in the Energy Product Derivatives market amounts to US$0.07 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 419.30m by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Energy Product Derivatives market in North America is a dynamic and evolving sector with unique trends and developments. Customer preferences in North America are increasingly leaning towards energy product derivatives as a way to hedge risks and speculate on price movements in the market.

Investors and companies are attracted to the potential for high returns and portfolio diversification that energy derivatives offer. Trends in the market show a growing interest in renewable energy derivatives, reflecting the shift towards sustainable energy sources in North America. This trend is driven by environmental concerns, government regulations, and the increasing competitiveness of renewable energy technologies.

Local special circumstances in North America, such as the abundance of shale gas and oil reserves, influence the energy product derivatives market. The region's significant production capacity and infrastructure play a crucial role in shaping trading activities and market dynamics. Underlying macroeconomic factors, including geopolitical events, supply and demand dynamics, and regulatory changes, impact the energy product derivatives market in North America.

Economic indicators, energy policies, and global market trends all contribute to the overall performance and growth of the 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.