Definition:
The Industrial Metal Derivatives market refers to derivatives of industrial metals such as copper or aluminum. These include financial vehicles such as options & futures. Derivatives allow investors to profit from a commodity’s value development without owning the physical commodity (e.g. instead of owning a unit of copper, an investor could own a derivative of copper). Therefore, physical commodities are out of scope in this analysis.Structure:
The market contains the following KPIs: annual notional value, the number of traded contracts, the open interest (number of outstanding contracts at the end of a year), the average notional value per contract as well as the price data of popular specific derivatives of this category.Additional information:
Examples of popular Industrial metal derivatives are copper, aluminum, or iron.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
The Industry Metal Derivatives market in Malawi is experiencing a notable shift in recent times.
Customer preferences: Investors in Malawi are increasingly turning to metal derivatives as a way to diversify their portfolios and hedge against market volatility. The appeal of these financial instruments lies in their potential for high returns and the opportunity to speculate on price movements without owning the physical assets.
Trends in the market: One of the key trends in the Malawian metal derivatives market is the growing interest in gold and silver contracts. As global economic uncertainty persists, investors are seeking safe-haven assets, driving up demand for precious metal derivatives. Additionally, the rise of industrial activities in the country is fueling the demand for base metal derivatives like copper and aluminum contracts.
Local special circumstances: Malawi's reliance on agricultural exports exposes the economy to fluctuations in commodity prices, making metal derivatives an attractive alternative investment option. The country's nascent financial market is also contributing to the growing popularity of metal derivatives as more investors seek opportunities beyond traditional asset classes.
Underlying macroeconomic factors: The stability of Malawi's currency and the government's efforts to improve regulatory frameworks are creating a conducive environment for the development of the metal derivatives market. Moreover, the increasing participation of foreign investors in the country's financial sector is bringing in expertise and capital, further driving the growth of the 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights