Commodities - Lithuania

Lithuania

The nominal value in the Commodities market is projected to reach US$78.51bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.40% resulting in a projected total amount of US$97.38bn by 2029.
The average price per contract in the Commodities market amounts to US$0.15 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$53,690.00bn in 2024).
In the Commodities market, the number of contracts is expected to amount to 575.60k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Lithuania is experiencing a notable shift in recent years.

Customer preferences: Lithuanian investors have shown a growing interest in commodities as an alternative investment option, seeking diversification and potential higher returns. With increasing awareness about the benefits of investing in commodities, more investors are looking to include these financial derivatives in their portfolios.

Trends in the market: One prominent trend in the Lithuanian Commodities market is the rising popularity of commodity trading platforms, providing easy access for retail investors to engage in trading activities. This trend is fueled by the convenience and flexibility offered by online trading platforms, allowing investors to trade commodities from the comfort of their homes. Additionally, the integration of advanced technologies like AI and machine learning in commodity trading platforms has enhanced trading efficiency and decision-making processes for investors in Lithuania.

Local special circumstances: Lithuania's strategic geographical location as a gateway between East and West plays a significant role in shaping its Commodities market. The country's well-developed infrastructure and strong trade relationships with neighboring countries contribute to the accessibility and liquidity of commodity markets in Lithuania. Furthermore, the government's efforts to promote financial literacy and investment education have helped increase the participation of retail investors in the Commodities market.

Underlying macroeconomic factors: The stable economic growth and low inflation rate in Lithuania have created a favorable environment for investment activities, including commodities trading. Additionally, the country's adherence to EU regulations and standards ensures transparency and investor protection in the Commodities market. The increasing integration of Lithuania into the global economy and financial markets further boosts the liquidity and competitiveness of the Commodities 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.