Industry Metal Derivatives - Guatemala

Guatemala

The nominal value in the Industry Metal Derivatives market is projected to reach US$42.82bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.64% resulting in a projected total amount of US$51.21bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.16 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 292.20k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Metal Derivatives market in Guatemala is experiencing a significant uptick in activity and interest from investors. Customer preferences in Guatemala are shifting towards alternative investment options like metal derivatives due to their potential for high returns and portfolio diversification.

Trends in the market show a growing number of local investors exploring metal derivatives as a way to hedge against inflation and currency fluctuations, given the economic uncertainties in the region. Local special circumstances, such as limited access to traditional investment products and a relatively small but growing financial market, are driving investors in Guatemala towards metal derivatives as a viable option for wealth management and risk mitigation. Underlying macroeconomic factors like political stability, trade agreements, and global metal prices are also influencing the growth of the metal derivatives market in Guatemala, making it an attractive choice for investors looking to capitalize on market opportunities.

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.