Industry Metal Derivatives - Serbia

Serbia

The nominal value in the Industry Metal Derivatives market is projected to reach US$28.73bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.81% resulting in a projected total amount of US$34.64bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.11 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in China (US$2,835.00bn in 2024).
In the Industry Metal Derivatives market, the number of contracts is expected to amount to 306.90k by 2029.

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Analyst Opinion

The Industry Metal Derivatives market in Serbia is experiencing a noticeable growth trajectory. Customer preferences in the metal derivatives market in Serbia are shifting towards more diversified investment portfolios, driven by the increasing awareness of risk management strategies among investors.

This trend is in line with the global market, where investors are seeking alternative investment options to hedge against market volatility. Trends in the market show a growing interest in metal derivatives such as futures and options, as investors look for ways to capitalize on price fluctuations in the metal industry. The market is witnessing an influx of new participants, including institutional investors and individual traders, further fueling the demand for metal derivatives in Serbia.

Local special circumstances, such as the country's growing industrial sector and its strategic location in the heart of Europe, are contributing to the development of the metal derivatives market in Serbia. The presence of metal production facilities and a well-established financial market infrastructure are also playing a crucial role in attracting investors to the market. Underlying macroeconomic factors, including stable economic growth, government initiatives to attract foreign investments, and increasing trade partnerships with other European countries, are creating a favorable environment for the metal derivatives market in Serbia.

These factors are bolstering investor confidence and driving the overall growth of the market in the country.

Methodology

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.