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The Precious Metal Derivatives market in Papua New Guinea is experiencing a notable shift in recent years. Customer preferences in Papua New Guinea are increasingly leaning towards investing in alternative financial instruments such as Precious Metal Derivatives, as they offer a diversified portfolio and potential for higher returns compared to traditional investment options.
Trends in the market indicate a growing interest from local investors in leveraging Precious Metal Derivatives to hedge against economic uncertainties and inflation risks. This trend is in line with the global movement towards risk management strategies in investment portfolios. Local special circumstances, such as limited access to physical precious metals and a developing financial market infrastructure, are driving investors in Papua New Guinea towards Precious Metal Derivatives as a more accessible and liquid investment option.
Underlying macroeconomic factors, including fluctuating currency values and geopolitical tensions, are also influencing the growing demand for Precious Metal Derivatives in Papua New Guinea. Investors are turning to these derivatives as a way to safeguard their wealth and mitigate potential risks in the current economic landscape.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)