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 Saudi Arabia is experiencing significant growth and development. Customer preferences in Saudi Arabia are shifting towards more diverse investment opportunities, 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 as a financial instrument for speculating on price movements of energy products without owning the physical commodities. This trend is driven by the increasing sophistication of investors in Saudi Arabia and their growing awareness of the benefits of derivatives trading. Local special circumstances in Saudi Arabia, such as the country's status as a major oil producer and exporter, play a significant role in shaping the Energy Product Derivatives market.
The close ties between the energy sector and the overall economy create a unique environment for derivatives trading in the country. Underlying macroeconomic factors, including oil price fluctuations, government policies, and global economic conditions, also influence the Energy Product Derivatives market in Saudi Arabia. These factors contribute to the overall growth and volatility of the market, providing opportunities for investors to capitalize on price movements in the energy sector.
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