Commodities - France

France

The nominal value in the Commodities market is projected to reach US$2,864.00bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.27% resulting in a projected total amount of US$3,530.00bn 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 10.86m by 2029.

Market

Region

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Currency

Analyst Opinion

The Commodities market in France has been experiencing a notable shift in recent years, with an increasing focus on financial derivatives rather than physical goods.

Customer preferences: Customers in France have been showing a growing interest in investing in financial derivatives within the Commodities market. This shift can be attributed to the potential for higher returns and portfolio diversification that these instruments offer compared to traditional investment options.

Trends in the market: One of the prominent trends in the Commodities market in France is the rising popularity of commodity futures and options. Investors are increasingly turning to these financial instruments to hedge against price volatility and speculate on future price movements. This trend is in line with the global market, where financial derivatives are gaining traction due to their flexibility and liquidity.

Local special circumstances: France's position as a key player in the European Union and its strong financial infrastructure have contributed to the development of the Commodities market in the country. The presence of major financial institutions and a well-regulated market environment have attracted both domestic and international investors to participate in commodity trading through financial derivatives.

Underlying macroeconomic factors: The economic stability and growth in France have provided a conducive environment for the expansion of the Commodities market. As the country continues to strengthen its position in the global financial market, investors are increasingly looking towards Commodities as a lucrative investment opportunity. Additionally, regulatory reforms and technological advancements have further supported the growth of financial derivatives trading in the country.

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.