Precious Metal Derivatives - Guatemala

Guatemala

The nominal value in the Precious Metal Derivatives market is projected to reach US$10.45bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.50% resulting in a projected total amount of US$13.66bn by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$1.28 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 10.01k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Precious Metal Derivatives market in Guatemala is experiencing a notable increase in trading activity and product offerings.

Customer preferences: Investors in Guatemala are increasingly turning to Precious Metal Derivatives as a way to diversify their portfolios and hedge against market volatility. The appeal of these financial instruments lies in their ability to provide exposure to precious metals without the need for physical ownership.

Trends in the market: One of the key trends in the Precious Metal Derivatives market in Guatemala is the growing demand for innovative derivative products tailored to the preferences of local investors. Market participants are witnessing a rise in structured products and exotic options that cater to specific risk profiles and investment objectives.

Local special circumstances: Guatemala's Precious Metal Derivatives market is also influenced by local regulations and market dynamics. The presence of a well-established financial infrastructure and a growing number of market participants are contributing to the expansion of derivative trading activities in the country. Additionally, the increasing interest from institutional investors is driving the development of more sophisticated derivative products in Guatemala.

Underlying macroeconomic factors: The development of the Precious Metal Derivatives market in Guatemala is further supported by favorable macroeconomic conditions. Stable economic growth, low inflation rates, and a sound regulatory framework are creating a conducive environment for the growth of derivative markets in the country. Moreover, the increasing integration of Guatemala into the global financial system is providing investors with access to a wider range of derivative products and trading opportunities.

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.