The Commodities market in Guatemala is experiencing a notable shift in recent years, reflecting changing customer preferences and local special circumstances.
Customer preferences: Guatemalan investors are increasingly turning to commodities as an alternative investment option, seeking diversification and potential higher returns compared to traditional assets. The demand for commodities is being driven by a growing interest in financial derivatives that offer exposure to various markets without the need for physical ownership.
Trends in the market: One significant trend in the Guatemalan Commodities market is the rising popularity of commodity futures and options. Investors are actively trading these financial instruments to speculate on price movements and manage risk in their portfolios. Additionally, there is a noticeable increase in trading volumes for commodities such as gold, silver, and oil, indicating a growing appetite for these assets among local investors.
Local special circumstances: Guatemala's strategic location and economic stability are attracting foreign investors to participate in the country's Commodities market. The government's efforts to promote a favorable business environment and regulatory framework have also contributed to the market's development. Furthermore, the presence of established commodity brokers and financial institutions in Guatemala is facilitating access to global commodity markets for local investors.
Underlying macroeconomic factors: The stability of Guatemala's economy, coupled with low inflation and interest rates, is creating a conducive environment for investment in commodities. Additionally, the country's strong agricultural sector and natural resource abundance are influencing the Commodities market, with investors showing interest in commodities related to these industries. The overall positive outlook for Guatemala's economy is further bolstering investor confidence in the Commodities market.
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)
