Industry Metal Derivatives - Kazakhstan

Kazakhstan

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$29.87bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.76% resulting in a projected total amount of US$35.93bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.10 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 335.70k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Kazakhstan is experiencing a notable surge in interest and activity. Customer preferences in the Metal Derivatives market in Kazakhstan are shifting towards more diverse investment portfolios, with a growing appetite for alternative investment options like metal derivatives.

Investors are increasingly looking for ways to hedge against market volatility and diversify their risk, driving the demand for metal derivatives in the country. Trends in the market show a rising number of local investors and financial institutions actively participating in Metal Derivatives trading. This trend is fueled by the growing awareness of the benefits of derivatives trading, such as potential higher returns and risk management capabilities.

Additionally, the development of advanced trading platforms and technology has made it easier for investors in Kazakhstan to access and trade metal derivatives. Local special circumstances, such as the country's rich natural resources in metals like copper, zinc, and uranium, play a significant role in the development of the Metal Derivatives market in Kazakhstan. The abundance of these metals in the region creates a favorable environment for derivative products based on metal prices, attracting both domestic and international investors looking to capitalize on the market opportunities.

Underlying macroeconomic factors, including global metal prices, geopolitical stability, and regulatory frameworks, also influence the Metal Derivatives market in Kazakhstan. As the country continues to strengthen its position in the global market and diversify its economy, the demand for metal derivatives as financial instruments for investment and risk management is expected to grow further.

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.