Industry Metal Derivatives - Madagascar

Madagascar

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$6.78bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 2.62% resulting in a projected total amount of US$7.71bn 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 293.40k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Madagascar is showing promising signs of development and growth. Customer preferences in Madagascar are increasingly leaning towards investing in metal derivatives as a way to diversify their portfolios and hedge against market volatility.

Investors are attracted to the potential for high returns offered by metal derivatives, especially in a market where traditional investment options may be limited. Trends in the market indicate a growing interest from both individual and institutional investors in metal derivatives in Madagascar. The market is witnessing an uptick in trading activities and the introduction of new financial products to meet the evolving needs of investors.

This trend is driven by the desire to take advantage of price fluctuations in the metal derivatives market. Local special circumstances in Madagascar, such as limited access to international financial markets and a developing regulatory environment, are shaping the growth of the metal derivatives market. As the country continues to strengthen its financial infrastructure and regulatory framework, more opportunities are opening up for investors to participate in the metal derivatives market.

Underlying macroeconomic factors, including global metal prices, geopolitical events, and economic policies, play a significant role in influencing the metal derivatives market in Madagascar. Investors are closely monitoring these factors to make informed decisions and capitalize on market opportunities. Additionally, the overall economic stability and growth trajectory of Madagascar contribute to the attractiveness of the metal derivatives market for both domestic and foreign investors.

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.