Industry Metal Derivatives - Morocco

Morocco

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$698.40m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.56% resulting in a projected total amount of US$831.90m by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.00 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 292.50k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Morocco is experiencing a notable increase in trading activities and market participation.

Customer preferences: Investors in Morocco are showing a growing interest in 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 Moroccan metal derivatives market is the increasing adoption of online trading platforms, which provide easy access to a wide range of derivative products. This trend is driven by the growing tech-savvy population in the country and the convenience offered by online trading.

Local special circumstances: Morocco's strategic location between Europe and Africa positions it as a hub for trade and investment, attracting foreign investors to its metal derivatives market. Additionally, the government's efforts to promote a favorable business environment and regulatory framework are contributing to the market's growth.

Underlying macroeconomic factors: The stability of Morocco's economy, coupled with ongoing economic reforms and infrastructure development projects, is fostering investor confidence in the metal derivatives market. Moreover, the country's strong ties with international markets and its participation in regional economic partnerships are creating opportunities for market expansion and diversification.

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.