Commodities - Equatorial Guinea

  • Equatorial Guinea
  • The nominal value in the Commodities market is projected to reach US$18.30bn in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 5.26% resulting in a projected total amount of US$23.65bn by 2029.
  • The average price per contract in the Commodities market amounts to US$0.04 in 2024.
  • From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$53,690.00bn in 2024).
  • In the Commodities market, the number of contracts is expected to amount to 470.90k by 2029.
 
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Analyst Opinion

The Commodities market in Equatorial Guinea has been experiencing notable developments and trends recently. Customer preferences in Equatorial Guinea's Commodities market are largely influenced by global demand and economic conditions.

Investors in the country show a preference for diversified portfolios and hedging strategies to mitigate risk and capitalize on potential market fluctuations. Additionally, there is a growing interest in alternative investment options within the Commodities sector as investors seek higher returns. Trends in the market indicate a shift towards increased participation from local institutional investors and a growing awareness of the benefits of Commodities trading.

The market is witnessing a rise in the use of advanced trading technologies and risk management tools to enhance efficiency and profitability. Moreover, regulatory reforms and initiatives aimed at improving market transparency and investor protection are shaping the growth trajectory of the Commodities market in Equatorial Guinea. Local special circumstances, such as the country's reliance on oil exports and its vulnerability to commodity price volatility, play a significant role in shaping the Commodities market.

The government's efforts to diversify the economy and attract foreign investment are creating new opportunities for market development and expansion. Additionally, the presence of a young and tech-savvy population is driving innovation in trading platforms and investment products tailored to the preferences of local investors. Underlying macroeconomic factors, including GDP growth, inflation rates, and exchange rate stability, are key drivers of the Commodities market in Equatorial Guinea.

Economic indicators influence investor sentiment and market performance, impacting trading volumes and price movements. As the country continues to focus on economic diversification and sustainable development, the Commodities market is expected to play a crucial role in supporting growth and attracting investment in the years to come.

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.

Overview

  • Value Development
  • Volume
  • Analyst Opinion
  • Share development
  • Methodology
  • Key Market Indicators
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