Commodities - Mauritius

Mauritius

The nominal value in the Commodities market is projected to reach US$13.45bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.35% resulting in a projected total amount of US$16.64bn by 2029.
The average price per contract in the Commodities market amounts to US$0.03 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 399.00k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Mauritius is witnessing a shift in customer preferences, trends, and local special circumstances that are shaping its development.

Customer preferences: Investors in Mauritius are increasingly showing a preference for commodities as a way to diversify their investment portfolios and hedge against market volatility. The potential for high returns and the opportunity to speculate on price movements are attracting a growing number of retail and institutional investors to the commodities market.

Trends in the market: One notable trend in the commodities market in Mauritius is the increasing demand for energy commodities such as oil and natural gas. This trend can be attributed to the country's reliance on imported energy resources to meet its domestic needs. As a result, investors are closely monitoring global energy markets and trading in energy derivatives to capitalize on price fluctuations.

Local special circumstances: Mauritius serves as a strategic hub for commodity trading in the region, attracting investors and traders from neighboring countries. The country's well-established financial infrastructure, political stability, and favorable regulatory environment make it an attractive destination for commodity market participants. Additionally, the presence of international commodity exchanges and brokerage firms further enhances Mauritius' position as a key player in the commodities market.

Underlying macroeconomic factors: The development of the commodities market in Mauritius is also influenced by underlying macroeconomic factors such as global economic conditions, geopolitical events, and regulatory changes. Fluctuations in global commodity prices, trade agreements, and government policies can have a significant impact on the performance of the commodities market in Mauritius. As a result, investors need to stay informed about these factors and adapt their trading strategies accordingly to navigate the market effectively.

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.