Industry Metal Derivatives - Peru

Peru

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$120.60bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.44% resulting in a projected total amount of US$142.80bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.40 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 340.80k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Peru is experiencing a notable growth trajectory driven by various factors.

Customer preferences: Peruvian investors are increasingly turning to metal derivatives as a way to diversify their investment portfolios and hedge against market volatility. The appeal of metal derivatives lies in their ability to provide exposure to the price movements of precious metals without the need to physically own the commodities.

Trends in the market: One prominent trend in the Peruvian metal derivatives market is the growing popularity of gold and silver contracts. These precious metals are highly sought after by investors seeking safe-haven assets during times of economic uncertainty. As a result, the demand for gold and silver derivatives has been steadily increasing in Peru.

Local special circumstances: Peru's status as a major producer of metals such as gold, silver, and copper plays a significant role in driving the metal derivatives market in the country. The abundance of these metals in Peru not only attracts local investors but also makes the country a key player in the global metal derivatives market.

Underlying macroeconomic factors: The overall economic stability and growth in Peru have also contributed to the development of the metal derivatives market. As the economy continues to expand, more investors are looking for opportunities to capitalize on the country's natural resources through metal derivatives trading. Additionally, the government's efforts to promote the mining sector further support the growth of the metal derivatives market in Peru.

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.