Industry Metal Derivatives - Philippines

Philippines

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$156.70bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.33% resulting in a projected total amount of US$193.70bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.48 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 369.00k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Amidst a growing economy in the Philippines, the Industry Metal Derivatives market is experiencing significant developments. Customer preferences in the Philippines are shifting towards alternative investment options like metal derivatives due to their potential for high returns and portfolio diversification.

Investors are increasingly looking for ways to hedge against market volatility and metal derivatives provide a way to achieve this. Trends in the market indicate a rising demand for metal derivatives in the Philippines as investors seek exposure to the metals market without owning physical assets. The market is witnessing an influx of new financial products and innovative trading strategies to cater to the evolving needs of investors.

Local special circumstances, such as the country's strategic location in Southeast Asia and its growing industrial sector, are contributing to the development of the metal derivatives market in the Philippines. The government's initiatives to attract foreign investments and promote capital market growth are also creating a favorable environment for the market to thrive. Underlying macroeconomic factors, including stable economic growth, increasing disposable income levels, and a growing middle class, are driving the demand for metal derivatives in the Philippines.

As the country continues to strengthen its position as a key player in the global market, the metal derivatives market is poised for further growth and expansion.

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.