Industry Metal Derivatives - Australia & Oceania

Australia & Oceania

The nominal value in the Industry Metal Derivatives market is projected to reach US$735.50bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.48% resulting in a projected total amount of US$872.60bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.56 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in China (US$2,835.00bn in 2024).
In the Industry Metal Derivatives market, the number of contracts is expected to amount to 1.48m by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Industry Metal Derivatives market in Australia & Oceania has been experiencing significant growth and development in recent years. Customer preferences in the region are shifting towards more diversified investment portfolios, including metal derivatives, as investors seek to hedge against market volatility and inflation risks.

This growing interest in metal derivatives is also driven by the potential for high returns and portfolio diversification benefits. Trends in the market indicate a rising demand for metal derivatives, particularly gold and silver, as safe-haven assets during times of economic uncertainty. The increasing popularity of exchange-traded funds (ETFs) backed by metal derivatives has also contributed to the growth of the market in the region.

Local special circumstances, such as the region's proximity to key metal-producing countries like Australia and Papua New Guinea, play a significant role in shaping the metal derivatives market in Australia & Oceania. The presence of established mining industries in these countries provides a unique advantage for investors looking to access metal derivatives linked to production activities in the region. Underlying macroeconomic factors, such as interest rates, inflation expectations, and global trade dynamics, also influence the growth of the metal derivatives market in Australia & Oceania.

Investors closely monitor these factors to make informed decisions about their metal derivative investments and to capitalize on market opportunities in the region.

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.