Industry Metal Derivatives - Albania

Albania

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$3.54bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.76% resulting in a projected total amount of US$4.26bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.01 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached China (US$2.83tn in 2024).
In the Industry Metal Derivatives market, the number of contracts is expected to amount to 294.40k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Albania has been showing an upward trend in recent years.

Customer preferences: Investors in Albania have shown a growing interest in diversifying their portfolios and seeking alternative investment options beyond traditional securities. Metal derivatives provide a unique opportunity for investors to hedge against inflation and market volatility, attracting a new segment of customers looking for risk management tools.

Trends in the market: The market for metal derivatives in Albania is witnessing an increase in trading activity, driven by the growing awareness of the benefits of these financial instruments. With the global metal market experiencing fluctuations, investors in Albania are turning to metal derivatives as a way to capitalize on price movements without owning the physical assets. This trend is further fueled by the ease of access to global metal markets through online trading platforms, making it convenient for Albanian investors to participate in the market.

Local special circumstances: Albania's economy has been steadily growing, creating a favorable environment for investment opportunities. The government's efforts to attract foreign direct investment and improve infrastructure have boosted investor confidence in the country's economic stability. This, coupled with a growing middle class with disposable income, has contributed to the increasing demand for diverse investment options like metal derivatives.

Underlying macroeconomic factors: The stability of Albania's currency and overall economic growth have provided a solid foundation for the development of the metal derivatives market. As the country continues to integrate into the global economy, investors are looking for ways to diversify their portfolios and manage risks effectively. The geopolitical stability in the region and the government's commitment to economic reforms have further supported the growth of the metal derivatives market in Albania.

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.