Commodities - Finland

Finland

The nominal value in the Commodities market is projected to reach US$343.50bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 2.83% resulting in a projected total amount of US$395.00bn by 2029.
The average price per contract in the Commodities market amounts to US$0.29 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 1,264.00k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Finland has been experiencing a notable shift in recent years, reflecting global trends in financial markets. Customer preferences in the Finnish Commodities market have been evolving towards more diverse investment options, driven by an increasing interest in alternative assets and risk management strategies.

Trends in the market indicate a growing demand for Commodities as a hedge against inflation and market volatility, with investors seeking to diversify their portfolios and protect against economic uncertainties. Local special circumstances, such as Finland's strong economy and stable political environment, contribute to the attractiveness of Commodities as an investment option for both institutional and retail investors in the country. Underlying macroeconomic factors, including low interest rates and a focus on sustainability and responsible investing, further support the development of the Commodities market in Finland by creating a favorable environment for investment growth and innovation.

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.