Industry Metal Derivatives - Myanmar

Myanmar

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$34.41bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.19% resulting in a projected total amount of US$40.26bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.13 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 307.10k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Myanmar has been experiencing significant growth and development in recent years. Customer preferences in Myanmar for metal derivatives are largely influenced by the global market trends.

Investors and traders in the country are showing a growing interest in metal derivatives as a way to diversify their portfolios and hedge against market volatility. This is in line with the increasing popularity of derivatives trading worldwide. Trends in the market in Myanmar indicate a shift towards more sophisticated trading strategies and products.

Investors are increasingly looking at exotic metal derivatives to maximize their returns. This trend is driven by the growing maturity of the financial markets in Myanmar and the increasing appetite for risk among investors. Local special circumstances in Myanmar, such as the country's strategic location between China and India, play a significant role in shaping the metal derivatives market.

Myanmar serves as a key trading hub for metal derivatives in the region, attracting investors from neighboring countries looking to capitalize on the country's emerging market opportunities. Underlying macroeconomic factors, such as Myanmar's economic growth and stability, also contribute to the development of the metal derivatives market. As the country continues to open up its economy and attract foreign investment, the demand for metal derivatives is expected to increase further, driven by both domestic and international investors seeking exposure to 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.