Precious Metal Derivatives - Mozambique

Mozambique

The nominal value in the Precious Metal Derivatives market is projected to reach US$1,661.00m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.46% resulting in a projected total amount of US$2,167.00m by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$0.02 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 89.88k by 2029.

Market

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Currency

Analyst Opinion

The Precious Metal Derivatives market in Mozambique is showing significant growth and evolution in recent years. Customer preferences in Mozambique are shifting towards more diverse investment options, with a growing interest in Precious Metal Derivatives.

Investors are increasingly looking for ways to hedge against inflation and currency fluctuations, driving the demand for these financial instruments. Trends in the market indicate a rising number of local investors participating in Precious Metal Derivatives trading. This trend is fueled by the desire to diversify portfolios and seek higher returns in a volatile market environment.

Additionally, the increasing availability of online trading platforms has made it easier for individuals to access and trade these derivatives. Local special circumstances in Mozambique, such as a developing financial market and a growing economy, are contributing to the expansion of the Precious Metal Derivatives market. As the country continues to strengthen its regulatory framework and improve market infrastructure, more investors are gaining confidence in participating in derivative trading.

Underlying macroeconomic factors, including global economic uncertainties and geopolitical tensions, are also driving the growth of the Precious Metal Derivatives market in Mozambique. Investors view these derivatives as a safe haven asset during times of market instability, leading to an increased demand for gold and other precious metals 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.