Industry Metal Derivatives - Georgia

Georgia

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$8.79bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.06% resulting in a projected total amount of US$10.73bn 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 China (US$2.83tn in 2024).
In the Industry Metal Derivatives market, the number of contracts is expected to amount to 295.40k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

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.