Energy Product Derivatives - Papua New Guinea

Papua New Guinea

Highlights

The nominal value in the Energy Product Derivatives market is projected to reach US$20.32bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 6.20% resulting in a projected total amount of US$27.45bn by 2029.
The average price per contract in the Energy Product Derivatives market amounts to US$0.35 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 63.35k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Amidst the evolving energy landscape in Papua New Guinea, the Energy Product Derivatives market is experiencing notable developments. Customer preferences in Papua New Guinea are shifting towards more diverse and sophisticated financial instruments, including Energy Product Derivatives, as investors seek to diversify their portfolios and hedge against market volatility.

Trends in the market indicate a growing interest in Energy Product Derivatives, driven by the increasing demand for energy-related investments and the desire to manage price risks associated with energy products in Papua New Guinea. Local special circumstances, such as the country's rich natural resources and its strategic position in the Asia-Pacific region, are contributing to the development of the Energy Product Derivatives market in Papua New Guinea. The government's focus on expanding the energy sector and attracting foreign investments is also playing a significant role in shaping the market dynamics.

Underlying macroeconomic factors, including global energy prices, geopolitical events, and regulatory changes, are influencing the growth and volatility of the Energy Product Derivatives market in Papua New Guinea. As the country continues to modernize its energy infrastructure and enhance its regulatory framework, the market is expected to see further expansion and participation from both domestic and international investors.

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.