Industry Metal Derivatives - Ukraine

Ukraine

Highlights

The nominal value in the Industry Metal Derivatives market is projected to reach US$83.11bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.36% resulting in a projected total amount of US$98.04bn by 2029.
The average price per contract in the Industry Metal Derivatives market amounts to US$0.30 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 298.20k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Industry Metal Derivatives market in Ukraine is experiencing a notable increase in trading activities and market participation.

Customer preferences: Traders and investors in Ukraine are showing a growing interest in metal derivatives as a way to diversify their investment portfolios and hedge against market volatility. The appeal of metal derivatives lies in their ability to offer exposure to price movements in various metals without the need to own physical commodities.

Trends in the market: One of the key trends in the metal derivatives market in Ukraine is the increasing adoption of online trading platforms and technologies. This trend is driven by the convenience and accessibility these platforms offer to market participants, allowing them to trade metal derivatives from anywhere at any time. Additionally, there is a rising interest in exotic metal derivatives, such as options and futures, as investors seek more sophisticated trading strategies to maximize their returns.

Local special circumstances: Ukraine's metal derivatives market is also influenced by local special circumstances, such as the country's significant industrial sector. The demand for metal derivatives is partly driven by the needs of local industries that rely on metals for manufacturing and production. This creates a unique dynamic in the market, where the performance of the industrial sector directly impacts the trading activities in metal derivatives.

Underlying macroeconomic factors: The development of the metal derivatives market in Ukraine is further supported by favorable macroeconomic factors, including stable economic growth, increasing foreign direct investment, and a growing interest from international market players. These factors contribute to a positive outlook for the metal derivatives market, attracting more participants and increasing liquidity in the market.

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.