Industry Metal Derivatives - Guyana

Guyana

The nominal value in the Industry Metal Derivatives market is projected to reach US$3.37bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.33% resulting in a projected total amount of US$4.37bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.01 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 291.00k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Metal Derivatives market in Guyana is experiencing a notable growth trajectory driven by various factors shaping the industry landscape. Customer preferences in the Metal Derivatives market in Guyana are influenced by a growing interest in diversifying investment portfolios and hedging against market volatility.

Investors are increasingly turning to metal derivatives as a way to manage risk and capitalize on price fluctuations in the global commodities market. Trends in the market indicate a rising demand for metal derivatives in Guyana, with a particular focus on precious metals such as gold and silver. This trend is in line with the global market, where geopolitical uncertainties and inflation concerns drive investors towards safe-haven assets like gold.

Local special circumstances in Guyana, such as the country's rich natural resources and mining industry, play a significant role in shaping the Metal Derivatives market. The presence of gold and other metals in the region not only attracts investors looking to capitalize on commodity price movements but also creates a conducive environment for the development of derivative markets. Underlying macroeconomic factors, including global economic conditions and trade dynamics, also impact the Metal Derivatives market in Guyana.

As the country continues to strengthen its position in the commodities market, investors are drawn to metal derivatives as a way to participate in the sector's growth potential. Overall, the Metal Derivatives market in Guyana is poised for further expansion as investors seek alternative investment opportunities and risk management tools in the evolving global financial 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.