Precious Metal Derivatives - Georgia

Georgia

The nominal value in the Precious Metal Derivatives market is projected to reach US$2,179.00m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.75% resulting in a projected total amount of US$2,882.00m by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$3.48 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 674.30 by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Precious Metal Derivatives market in Georgia has been experiencing notable growth and development in recent years. Customer preferences in Georgia for Precious Metal Derivatives have been influenced by a global trend towards alternative investments.

Investors are increasingly turning to derivatives as a way to diversify their portfolios and hedge against market volatility. Trends in the market show a growing interest from both retail and institutional investors in Georgia. Retail investors are attracted to the potential for high returns, while institutions are using derivatives to manage risk exposure in their investment portfolios.

Local special circumstances, such as a stable political environment and a growing economy, have contributed to the growth of the Precious Metal Derivatives market in Georgia. The country's strategic location as a gateway between Europe and Asia has also attracted foreign investors looking to access the market. Underlying macroeconomic factors, including low interest rates and inflation, have further fueled the demand for Precious Metal Derivatives in Georgia.

Investors are seeking alternative investment opportunities in the face of low returns on traditional assets. Overall, the Precious Metal Derivatives market in Georgia is poised for continued growth as investors increasingly turn to derivatives to enhance their investment strategies and manage risk 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.