Precious Metal Derivatives - Angola

Angola

The nominal value in the Precious Metal Derivatives market is projected to reach US$11.34bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 10.31% resulting in a projected total amount of US$18.52bn by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$0.17 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$11,920.00bn in 2024).
In the Precious Metal Derivatives market, the number of contracts is expected to amount to 69.77k by 2029.

Market

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Analyst Opinion

The Precious Metal Derivatives market in Angola is experiencing a shift in customer preferences towards more diversified investment options, reflecting a growing interest in alternative financial instruments.

Customer preferences: Angolan investors are increasingly looking beyond traditional investment avenues and showing a keen interest in diversifying their portfolios with Precious Metal Derivatives. This shift can be attributed to a desire for higher returns and risk management strategies in a volatile market environment.

Trends in the market: The Precious Metal Derivatives market in Angola is witnessing a steady growth in trading volumes and market participation. This trend is driven by the increasing awareness among investors about the potential benefits of including derivatives in their investment strategies. Moreover, the introduction of innovative derivative products tailored to the preferences of Angolan investors is further fueling this growth.

Local special circumstances: Angola's economy heavily relies on its oil exports, making it susceptible to fluctuations in global oil prices. As a result, investors in Angola are increasingly turning to Precious Metal Derivatives as a way to hedge against commodity price risks and diversify their investment portfolios. The growing sophistication of the financial markets in Angola is also creating a conducive environment for the development of the Precious Metal Derivatives market.

Underlying macroeconomic factors: The evolving regulatory landscape and improving infrastructure in Angola are playing a significant role in shaping the Precious Metal Derivatives market. As the country continues to strengthen its financial sector and enhance investor protection measures, the confidence of market participants in trading derivatives is expected to grow. Additionally, the government's efforts to promote economic diversification and attract foreign investments are likely to further boost the growth of the Precious Metal Derivatives market in Angola.

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.