Precious Metal Derivatives - Bangladesh

Bangladesh

The nominal value in the Precious Metal Derivatives market is projected to reach US$4.74bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.52% resulting in a projected total amount of US$6.20bn by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$0.01 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 503.60k by 2029.

Market

Region

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Currency

Analyst Opinion

The Precious Metal Derivatives market in Bangladesh has been experiencing a notable uptrend in recent years. Customer preferences in Bangladesh are shifting towards alternative investment options like Precious Metal Derivatives due to their potential for high returns and portfolio diversification benefits.

Trends in the market indicate a growing interest from retail investors in Precious Metal Derivatives as they seek to capitalize on market volatility and economic uncertainties. Local special circumstances, such as limited investment avenues and a nascent derivatives market, are driving investors in Bangladesh towards Precious Metal Derivatives as a way to hedge against inflation and currency fluctuations. Underlying macroeconomic factors, including a stable economic growth trajectory and increasing disposable income levels, are creating a conducive environment for the development of the Precious Metal Derivatives market in Bangladesh.

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.