Energy Product Derivatives - Taiwan

Taiwan

Highlights

The nominal value in the Energy Product Derivatives market is projected to reach US$209.60m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of -1.67% resulting in a projected total amount of US$192.70m 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 United States (US$26.91tn in 2024).
In the Energy Product Derivatives market, the number of contracts is expected to amount to 21.38k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Energy Product Derivatives market in Taiwan has been experiencing notable growth and evolution in recent years. Customer preferences in Taiwan's Energy Product Derivatives market are shifting towards more sustainable and environmentally friendly options.

Customers are increasingly seeking out derivatives that align with Taiwan's focus on renewable energy sources and reducing carbon emissions. Trends in the market show a rise in demand for derivatives linked to alternative energy sources such as wind and solar power. This trend is driven by Taiwan's government initiatives to increase renewable energy capacity and reduce dependence on traditional fossil fuels.

Local special circumstances in Taiwan, such as limited domestic energy resources and a strong emphasis on energy security, play a significant role in shaping the Energy Product Derivatives market. These circumstances drive innovation and investment in derivatives that help mitigate energy supply risks and ensure stability in the market. Underlying macroeconomic factors, including Taiwan's economic growth, regulatory environment, and geopolitical considerations, also influence the development of the Energy Product Derivatives market.

As Taiwan continues to prioritize sustainability and energy independence, the market is expected to see further growth and diversification in the coming years.

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.