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Mon - Fri, 9am - 6pm (EST)
The Commodities market in Estonia has been experiencing notable growth and development in recent years. Customer preferences in the Commodities market in Estonia are influenced by a growing interest in diversifying investment portfolios and hedging against market risks.
Investors are increasingly turning to Commodities as a way to spread risk and potentially enhance returns in a volatile market environment. Trends in the market show a shift towards more sophisticated trading strategies and the adoption of advanced risk management tools. This trend is driven by the increasing participation of institutional investors and the growing popularity of Commodities as an asset class among retail investors in Estonia.
Local special circumstances, such as Estonia's strategic location as a gateway between East and West, play a role in shaping the Commodities market in the country. The well-developed financial infrastructure and regulatory framework in Estonia also contribute to the growth of the Commodities market by attracting both domestic and international investors. Underlying macroeconomic factors, including global economic conditions and geopolitical events, have a significant impact on the Commodities market in Estonia.
Fluctuations in commodity prices, currency exchange rates, and interest rates can create both opportunities and challenges for market participants in Estonia. Additionally, government policies and regulations related to the Commodities market can influence investor sentiment and market dynamics in the country.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)