Industry Metal Derivatives - Russia

The nominal value in the Industry Metal Derivatives market is projected to reach US$604.30bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.77% resulting in a projected total amount of US$762.90bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$1.14 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 582.90k by 2029.

Definition:

The Industrial Metal Derivatives market refers to derivatives of industrial metals such as copper or aluminum. These include financial vehicles such as options & futures. Derivatives allow investors to profit from a commodity’s value development without owning the physical commodity (e.g. instead of owning a unit of copper, an investor could own a derivative of copper). Therefore, physical commodities are out of scope in this analysis.

Structure:

The market contains the following KPIs: annual notional value, the number of traded contracts, the open interest (number of outstanding contracts at the end of a year), the average notional value per contract as well as the price data of popular specific derivatives of this category.

Additional information:

Examples of popular Industrial metal derivatives are copper, aluminum, or iron.

Industry Metal Derivatives, e.g. Copper, Zinc, Iron

Physical industry metals

The Industry Metal Derivatives market in Russia is experiencing significant growth and development. Customer preferences in the Metal Derivatives market in Russia are shifting towards more diverse investment options as investors seek to diversify their portfolios and hedge against market volatility.

Trends in the market show a growing demand for Metal Derivatives in Russia, driven by increasing interest from institutional investors and the growing popularity of commodity trading among retail investors. Local special circumstances, such as Russia's position as a major producer and exporter of metals, play a significant role in shaping the Metal Derivatives market in the country. The close ties between the financial markets and the metal industry create a favorable environment for the development of Metal Derivatives trading in Russia.

Underlying macroeconomic factors, including global metal prices, geopolitical developments, and domestic economic conditions, also influence the Metal Derivatives market in Russia. As metal prices fluctuate and geopolitical tensions impact market sentiment, investors in Russia turn to Metal Derivatives as a way to manage risk and capitalize on market opportunities.

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.

This report presents a comprehensive analysis and additional information on the Financial market, in a PDF format.