Precious Metal Derivatives - Bosnia and Herzegovina

  • Bosnia and Herzegovina
  • The nominal value in the Precious Metal Derivatives market is projected to reach US$1,369.00m in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 5.03% resulting in a projected total amount of US$1,750.00m by 2029.
  • The average price per contract in the Precious Metal Derivatives market amounts to US$0.11 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 14.98k by 2029.
 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Precious Metal Derivatives market in Bosnia and Herzegovina is experiencing a notable shift in customer preferences, market trends, and local special circumstances.

Customer preferences:
Investors in Bosnia and Herzegovina are increasingly turning to Precious Metal Derivatives as a way to diversify their investment portfolios and hedge against market volatility. The appeal of these derivatives lies in their potential for high returns and as a store of value during uncertain economic times.

Trends in the market:
One of the key trends in the Precious Metal Derivatives market in Bosnia and Herzegovina is the growing demand for gold and silver derivatives. This trend is driven by the traditional cultural affinity for these precious metals in the region, as well as their perceived stability compared to other financial instruments. Additionally, the rise of online trading platforms has made it easier for retail investors to access and trade these derivatives.

Local special circumstances:
Bosnia and Herzegovina's history of political and economic instability has contributed to a cautious approach to investing among its population. As a result, Precious Metal Derivatives are seen as a safe haven investment, offering a way to protect wealth in the face of uncertain market conditions. Moreover, the lack of developed financial markets in the country has led investors to seek alternative investment opportunities, further driving the demand for these derivatives.

Underlying macroeconomic factors:
The overall economic environment in Bosnia and Herzegovina, characterized by low interest rates and fluctuating currency values, has fueled interest in Precious Metal Derivatives as a way to generate higher returns. Additionally, the country's limited exposure to international financial markets has created a preference for tangible assets like gold and silver derivatives, which are perceived as more stable and reliable investments.

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.

Overview

  • Value Development
  • Volume
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)