Industry Metal Derivatives - Equatorial Guinea

Equatorial Guinea

The nominal value in the Industry Metal Derivatives market is projected to reach US$5.76bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.50% resulting in a projected total amount of US$6.84bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.02 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 293.10k by 2029.

Market

Region

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Currency

Analyst Opinion

The Industry Metal Derivatives market in Equatorial Guinea is experiencing a shift in customer preferences towards more diverse investment options.

Customer preferences: Investors in Equatorial Guinea are increasingly looking at metal derivatives as a way to diversify their portfolios and hedge against market volatility. The demand for these financial instruments is being driven by a growing interest in alternative investment opportunities and a desire to mitigate risks associated with traditional assets.

Trends in the market: One of the key trends in the Metal Derivatives market in Equatorial Guinea is the rising interest in precious metals such as gold and silver. Investors are turning to these commodities as safe-haven assets during times of economic uncertainty. Additionally, there is a growing demand for base metals derivatives due to their importance in industrial processes and infrastructure development in the country.

Local special circumstances: Equatorial Guinea's economy is heavily reliant on the oil and gas sector, making it vulnerable to fluctuations in global energy prices. As a result, investors in the country are seeking alternative investment opportunities to diversify their portfolios and reduce exposure to the oil market. Metal derivatives offer a way for investors to spread risk and potentially achieve higher returns in a volatile economic environment.

Underlying macroeconomic factors: The government of Equatorial Guinea is taking steps to diversify the economy and reduce dependence on oil revenues. This diversification strategy is creating new opportunities for investment in sectors such as mining and infrastructure, driving interest in metal derivatives as a way to capitalize on these emerging markets. Additionally, the country's stable political environment and strategic location in Central Africa make it an attractive destination for foreign investors looking to access the Metal Derivatives market 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.