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Industry Metal Derivatives - Austria

Austria
  • The nominal value in the Industry Metal Derivatives market is projected to reach US$200.60bn in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 3.46% resulting in a projected total amount of US$237.70bn by 2029.
  • The average price per contract in the Industry Metal Derivatives market amounts to US$0.59 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 382.00k by 2029.

Definition:

The Industrial Metal Derivatives market refers to derivatives of industrial metals such as copper or aluminum. These include financial vehicles such as options & 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 copper, an investor could own a derivative of copper). Therefore, physical commodities are out of scope in this analysis.

Structure:

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), the average notional value per contract as well as the price data of popular specific derivatives of this category.

Additional information:

Examples of popular Industrial metal derivatives are copper, aluminum, or iron.

In-Scope

  • Industry Metal Derivatives, e.g. Copper, Zinc, Iron

Out-Of-Scope

  • Physical industry metals
Industrial Metal Derivatives: market data & analysis - Cover

Market Insights report

Industrial Metal Derivatives: market data & analysis

Study Details

    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 Industry Metal Derivatives market in Austria has been witnessing a steady growth trajectory in recent years. Customer preferences in the Austrian market for metal derivatives are largely influenced by the global demand for commodities as a hedge against inflation and market volatility.

    Investors and financial institutions in Austria show a strong preference for metal derivatives as a way to diversify their portfolios and manage risk effectively. Trends in the market in Austria indicate a growing interest in precious metal derivatives, such as gold and silver, due to their safe-haven appeal during times of economic uncertainty. Additionally, there is a noticeable shift towards environmentally sustainable metal derivatives, reflecting the increasing focus on ESG (Environmental, Social, and Governance) factors in investment decisions.

    Local special circumstances in Austria, such as the country's strong industrial sector and its position as a key player in the European metal market, contribute to the robust demand for metal derivatives. The presence of established metal exchanges and regulatory frameworks further support the development of the metal derivatives market in the country. Underlying macroeconomic factors, including global metal prices, interest rates, and geopolitical events, play a significant role in shaping the metal derivatives market in Austria.

    Economic indicators and policy decisions at both domestic and international levels have a direct impact on investor sentiment and trading activities in the market.

    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.

    Financial

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    Industrial Metal Derivatives: market data & analysis - BackgroundIndustrial Metal Derivatives: market data & analysis - Cover

    Key Market Indicators

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

    Most recent update: Sep 2024

    Source: Statista Market Insights

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