Industry Metal Derivatives - Slovakia

Slovakia

The nominal value in the Industry Metal Derivatives market is projected to reach US$56.83bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.52% resulting in a projected total amount of US$67.57bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.20 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 317.70k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Industry Metal Derivatives market in Slovakia is experiencing a surge in demand as investors seek alternative investment options beyond traditional stocks and bonds.

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

Trends in the market: One of the key trends in the metal derivatives market in Slovakia is the growing interest in gold and silver derivatives. These precious metals are seen as safe-haven assets during times of economic uncertainty, making them attractive options for investors looking to protect their wealth. Additionally, there is a rising demand for base metal derivatives, such as copper and aluminum, driven by the infrastructure development and industrial activities in the country.

Local special circumstances: Slovakia's proximity to major metal-producing countries in Europe, such as Germany and Poland, provides easy access to the underlying assets that back metal derivatives. This geographical advantage allows investors in Slovakia to benefit from the region's metal industry without direct involvement in physical commodity trading.

Underlying macroeconomic factors: The economic stability and steady growth in Slovakia have bolstered investor confidence in the metal derivatives market. As the country continues to attract foreign investments and diversify its economy, the demand for metal derivatives is expected to remain robust. Additionally, the government's supportive regulatory environment and initiatives to promote financial markets further contribute to the market's development.

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.