Skip to main content
  1. Market Insights
  2. Financial

Commodities - Hong Kong

Hong Kong
  • The nominal value in the Commodities market is projected to reach US$283.27bn in 2025.
  • It is expected to show an annual growth rate (CAGR 2025-2029) of 1.99% resulting in a projected total amount of US$306.44bn by 2029.
  • The average price per contract in the Commodities market amounts to US$0.22 in 2025.
  • From a global comparison perspective it is shown that the highest nominal value is reached United States (US$53.23tn in 2025).
  • In the Commodities market, the number of contracts is expected to amount to 1.37m by 2029.

Definition:

The commodities market refers to derivatives of commodities. These include financial vehicles such as options and futures. Derivatives allow investors to profit from a commodity’s value development without owning the physical commodity (e.g. instead of owning a unit of Gold, an investor could own a derivative of Gold). Therefore, physical commodities are out of scope in this analysis.

Structure:

The commodities market comprises derivatives of precious metals, industrial metals, energy products, agricultural products & the Emission Trade System. The segments of precious metals, industrial metals, energy products, and agricultural products are also providing price data of popular specific derivatives. The segment data of the Emission Trade System (ETS) is only provided for countries where an ETS is in place (therefore the number of countries where data is shown is reduced in comparison to other segments).

Additional information:

The market contains the following KPIs: annual notional value, the number of traded contracts, the open interest (number of outstanding contracts at the end of a year) as well as the average notional value per contract. Furthermore, the share of futures and options is provided for these KPIs to display even more insights into this market.
In-Scope
  • Options & Futures
  • Precious Metal Derivatives
  • Industry Metal Derivatives
  • Energy Product Derivatives
  • Agricultural Product Derivatives
  • Emission Trading System
Out-Of-Scope
  • Physical commodities
  • Other Derivative types
  • other Commodity Types
Commodities
Commodities
XMO_RELATED_MARKETS
Commodities: market data & analysis - Cover

Market Insights report

Commodities: market data & analysis
CONTENTBOX_CAPTION_STUDY_DETAILS
    methodology
    DOWNLOAD_PDF_TEXTXMI_FAQ_AND_ADDITIONAL_INFO

    Value Development

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    Volume

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    Analyst Opinion

    The Commodities market in Hong Kong has been experiencing a notable shift in recent years, reflecting the changing dynamics of the global financial landscape.

    Customer preferences:     Investors in Hong Kong have shown a growing interest in commodities as a way to diversify their investment portfolios and hedge against market volatility. The appeal of commodities lies in their potential for high returns and as a strategic asset allocation tool.

    Trends in the market:     One of the prominent trends in the Hong Kong Commodities market is the increasing popularity of commodity futures trading. This trend is driven by the sophisticated investor base in Hong Kong seeking exposure to a wide range of commodities, including precious metals, energy, and agricultural products. Additionally, the development of innovative financial products and trading platforms has made it easier for investors to participate in the commodities market.

    Local special circumstances:     Hong Kong's strategic location as a global financial hub plays a significant role in shaping the commodities market in the region. The city's proximity to major commodity markets in Asia, such as China and Singapore, provides investors with easy access to a diverse range of commodities. Moreover, Hong Kong's strong regulatory framework and well-established financial infrastructure make it an attractive destination for commodities trading.

    Underlying macroeconomic factors:     The commodities market in Hong Kong is influenced by various macroeconomic factors, including global economic conditions, geopolitical events, and market sentiment. As a major financial center, Hong Kong is particularly sensitive to changes in global trade patterns and monetary policies, which can impact commodity prices and trading volumes in the region. Additionally, fluctuations in currency exchange rates and interest rates can also have a significant impact on the commodities market in Hong Kong.

    Share development

    MOST_RECENT_UPDATE: Jul 2024

    SOURCE: Statista Market Insights

    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.

    Finance

    XMO_REPORT_PROMO_HEADLINE

    Commodities: market data & analysis - BackgroundCommodities: market data & analysis - Cover

    Key Market Indicators

    NOTES: Based on data from IMF, World Bank, UN and Eurostat

    MOST_RECENT_UPDATE: Jan 2025

    SOURCE: Statista Market Insights

    Contact

    Get in touch with us. We are happy to help.