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The Precious Metal Derivatives market in Sudan has been experiencing notable developments and trends recently. Customer preferences in Sudan lean towards investing in Precious Metal Derivatives as a way to diversify their investment portfolios and hedge against inflation and economic uncertainties.
Investors in Sudan are increasingly looking for alternative investment opportunities beyond traditional options. Trends in the market show a growing interest in Precious Metal Derivatives due to their potential for high returns and as a way to spread risk. The market is witnessing an influx of new investors who are attracted to the potential profitability of these financial instruments.
Local special circumstances, such as limited access to traditional banking services and a volatile local currency, are driving individuals and businesses in Sudan towards Precious Metal Derivatives as a more stable investment option. The lack of sophisticated financial products in the country also contributes to the growing popularity of Precious Metal Derivatives. Underlying macroeconomic factors like political instability and fluctuating inflation rates in Sudan are prompting investors to seek out more secure investment options like Precious Metal Derivatives.
The uncertainty in the local economy is pushing individuals and businesses to explore alternative ways to protect and grow their wealth.
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)