Industry Metal Derivatives - Gabon

  • Gabon
  • The nominal value in the Industry Metal Derivatives market is projected to reach US$8.54bn in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 2.02% resulting in a projected total amount of US$9.44bn 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 295.20k by 2029.
 
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Analyst Opinion

The Industry Metal Derivatives market in Gabon is experiencing a notable shift in customer preferences towards more diversified investment options.

Customer preferences:
Investors in Gabon are increasingly seeking alternative investment opportunities to hedge against market volatility and diversify their portfolios. As a result, there is a growing interest in metal derivatives as financial instruments that offer exposure to the price movements of various metals without the need for physical ownership. This trend is in line with the global market, where investors are turning to derivatives to manage risk and enhance returns in their investment strategies.

Trends in the market:
One of the key trends in the Gabon metal derivatives market is the rising demand for precious metal derivatives, such as gold and silver. These metals are traditionally seen as safe-haven assets during times of economic uncertainty, making them attractive to investors looking to protect their wealth. Additionally, industrial metal derivatives, like copper and aluminum, are also gaining traction due to their role in infrastructure development and manufacturing sectors. The increasing interest in these derivatives reflects a growing sophistication among investors in Gabon seeking exposure to different sectors of the metal market.

Local special circumstances:
Gabon's strategic location in Central Africa positions it as a key player in the regional metal derivatives market. The country's stable political environment and supportive regulatory framework make it an attractive destination for foreign investors looking to access the metal derivatives market in the region. Additionally, Gabon's rich natural resources, including manganese and iron ore, provide a solid foundation for the development of a thriving metal derivatives market. These factors contribute to the overall growth and potential of the metal derivatives industry in Gabon.

Underlying macroeconomic factors:
The growth of the metal derivatives market in Gabon is also influenced by broader macroeconomic factors, such as global metal prices, currency fluctuations, and international trade policies. Fluctuations in metal prices impact the value of metal derivatives, making them sensitive to market dynamics. Currency movements can also affect the attractiveness of metal derivatives as an investment option for local and foreign investors. Furthermore, changes in trade policies and regulations can impact the flow of metal derivatives in and out of Gabon, shaping the overall market landscape.

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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