Industry Metal Derivatives - Portugal

Portugal

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$106.40bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.39% resulting in a projected total amount of US$131.90bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.35 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 344.00k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Portugal has been experiencing a notable growth trajectory in recent years. Customer preferences in the metal derivatives market in Portugal are shifting towards more diversified investment options, driven by a desire for higher returns and risk management.

Investors are increasingly looking for ways to hedge against market volatility and diversify their portfolios, leading to a growing demand for metal derivatives. Trends in the market indicate a rise in the popularity of metal derivatives as financial instruments for speculation and risk management among both institutional and retail investors in Portugal. The market is witnessing an increase in trading volumes and liquidity as more participants engage in metal derivative transactions.

Local special circumstances, such as Portugal's strategic geographical location and its strong ties to the European Union, play a significant role in shaping the metal derivatives market in the country. The proximity to major financial hubs in Europe and the regulatory framework within the EU provide a conducive environment for the growth of the metal derivatives market in Portugal. Underlying macroeconomic factors, including global economic conditions, interest rates, and geopolitical events, also influence the metal derivatives market in Portugal.

Economic stability, interest rate movements, and geopolitical risks impact investor sentiment and drive the demand for metal derivatives as a tool for managing exposure to market fluctuations. Overall, the Industry Metal Derivatives market in Portugal is evolving rapidly, driven by changing customer preferences, market trends, local special circumstances, and underlying macroeconomic factors.

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.