Contact
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
The Industry Metal Derivatives market in Georgia is experiencing a notable increase in trading volume and interest from investors.
Customer preferences: Investors in Georgia are showing a growing interest in metal derivatives as a way to diversify their portfolios and hedge against market volatility. The ease of access to global markets and the potential for high returns are attracting both institutional and retail investors to this market.
Trends in the market: One of the key trends in the metal derivatives market in Georgia is the increasing adoption of online trading platforms, which provide investors with real-time market data and the ability to execute trades quickly. Additionally, there is a rising demand for complex derivative products that offer exposure to multiple metal commodities, allowing investors to take advantage of price movements in different markets simultaneously.
Local special circumstances: Georgia's strategic location between Europe and Asia positions it as a gateway for trade, making it an attractive market for metal derivatives. The country's stable political environment and business-friendly regulations further support the growth of the derivatives market. Moreover, the presence of a well-educated workforce with expertise in finance and trading is contributing to the development of the market.
Underlying macroeconomic factors: The economic growth and increasing industrialization in Georgia are driving the demand for metal derivatives as businesses look to manage their exposure to price fluctuations. Additionally, the government's focus on infrastructure development and investment in sectors such as construction and manufacturing are creating opportunities for investors to participate in the metal derivatives market.
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.The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.
Source:
Explore new markets and gain valuable insights into various topics with our Market Insights search function.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)