Precious Metal Derivatives - Cambodia

Cambodia

The nominal value in the Precious Metal Derivatives market is projected to reach US$3,368.00m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.12% resulting in a projected total amount of US$4,323.00m by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$0.21 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 18.27k by 2029.

Market

Region

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Currency

Analyst Opinion

The Precious Metal Derivatives market in Cambodia is showing an interesting development in recent years.

Customer preferences: Investors in Cambodia are increasingly turning to Precious Metal Derivatives as a way to diversify their investment portfolios and hedge against market volatility. The allure of potentially high returns and the ability to trade in a regulated market are driving more individuals and institutions to participate in this market.

Trends in the market: One noticeable trend in the Precious Metal Derivatives market in Cambodia is the growing interest in gold derivatives. Gold has always been a popular investment choice in the country due to its cultural significance and perceived stability. As a result, the demand for gold derivatives as a financial instrument is on the rise, providing investors with more opportunities to trade and speculate on gold prices without owning the physical commodity.

Local special circumstances: Cambodia's unique position as a developing economy with a growing middle class is also influencing the Precious Metal Derivatives market. As disposable incomes increase and access to financial markets improve, more Cambodians are looking for alternative investment options beyond traditional assets. This shift in investor behavior is creating a conducive environment for the expansion of the Precious Metal Derivatives market in the country.

Underlying macroeconomic factors: The stability of the Cambodian economy and the government's efforts to promote financial market development are key macroeconomic factors driving the growth of the Precious Metal Derivatives market. With a stable currency and a growing GDP, Cambodia is becoming an attractive destination for investors looking to capitalize on the potential of the local market. Additionally, regulatory reforms and initiatives to enhance investor protection are instilling confidence in the market, further fueling the demand for Precious Metal Derivatives.

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.