Industry Metal Derivatives - Central Asia

  • Central Asia
  • The nominal value in the Industry Metal Derivatives market is projected to reach US$34.21bn in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 3.77% resulting in a projected total amount of US$41.17bn by 2029.
  • The average price per contract in the Industry Metal Derivatives market amounts to US$0.03 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 1.52m by 2029.
 
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Analyst Opinion

The Industry Metal Derivatives market in Central Asia is experiencing a gradual but steady growth, driven by various factors influencing the region's financial landscape.

Customer preferences:
Investors in Central Asia are showing a growing interest in metal derivatives as a way to diversify their portfolios and hedge against market volatility. The appeal of these financial instruments lies in their ability to provide exposure to the metals market without the need for physical ownership.

Trends in the market:
Kazakhstan, with its rich mineral resources, is emerging as a key player in the metal derivatives market in Central Asia. The country's mining industry is attracting significant investment, leading to an increased demand for metal derivatives as a tool for risk management and speculation.

Local special circumstances:
Uzbekistan's recent economic reforms and opening up to foreign investment are creating new opportunities in the metal derivatives market. As the country seeks to modernize its economy and attract more capital inflows, the demand for financial instruments tied to metal prices is expected to rise.

Underlying macroeconomic factors:
The overall economic stability and growth in Central Asia are bolstering the confidence of investors in the metal derivatives market. As the region continues to develop and integrate into the global economy, the demand for these financial products is likely to increase further.

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.

Overview

  • Value Development
  • Volume
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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