Industry Metal Derivatives - Bhutan

Bhutan

The nominal value in the Industry Metal Derivatives market is projected to reach US$1,301.00m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.43% resulting in a projected total amount of US$1,540.00m 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 in China (US$2,835.00bn in 2024).
In the Industry Metal Derivatives market, the number of contracts is expected to amount to 287.30k by 2029.

Market

Region

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Currency

Analyst Opinion

The Metal Derivatives market in Bhutan is experiencing a notable growth trajectory, driven by several key factors that shape the industry landscape in the country.

Customer preferences: Customers in Bhutan are increasingly showing interest in diversifying their investment portfolios by including metal derivatives. This trend is in line with global market behavior where investors seek alternative investment options to hedge against market volatility and inflation.

Trends in the market: One prominent trend in the Metal Derivatives market in Bhutan is the growing popularity of gold and silver derivatives. As traditional safe-haven assets, gold and silver derivatives are attractive to investors looking for stability in uncertain economic times. The demand for these derivatives is also influenced by cultural preferences in Bhutan, where gold holds significant cultural and religious value.

Local special circumstances: Bhutan's unique position as a country with a strong focus on environmental conservation and sustainability plays a role in shaping the Metal Derivatives market. The emphasis on environmental responsibility has led to an increased interest in eco-friendly metal derivatives, such as those derived from recycled materials or sustainably sourced metals.

Underlying macroeconomic factors: The macroeconomic stability in Bhutan, coupled with the government's efforts to promote foreign investment, has created a favorable environment for the growth of the Metal Derivatives market. As the country continues to open up to international markets, investors are increasingly looking at metal derivatives as a viable investment option, further driving the expansion of 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.