Industry Metal Derivatives - Denmark

Denmark

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$179.90bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.52% resulting in a projected total amount of US$213.80bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.55 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 367.80k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Denmark, known for its strong economy and innovative industries, has seen a growing interest in the Metal Derivatives market in recent years. Customer preferences in Denmark are shifting towards alternative investment options like Metal Derivatives, driven by a desire for portfolio diversification and potential higher returns compared to traditional investments.

Trends in the Metal Derivatives market in Denmark reflect a growing awareness among investors about the benefits of including commodities in their investment portfolios. This trend is further fueled by the volatility in the global financial markets and the potential hedging opportunities that Metal Derivatives offer. Local special circumstances, such as Denmark's position as a major player in the renewable energy sector, also influence the Metal Derivatives market.

The country's focus on sustainability and green energy initiatives can lead to increased interest in metals like copper and aluminum, which are essential for renewable energy technologies. Underlying macroeconomic factors, such as global trade dynamics and geopolitical tensions, play a significant role in shaping the Metal Derivatives market in Denmark. Economic indicators and policy decisions both locally and internationally can impact metal prices, thereby influencing the demand for Metal Derivatives in the country.

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.