Precious Metal Derivatives - Tajikistan

  • Tajikistan
  • The nominal value in the Precious Metal Derivatives market is projected to reach US$36.76m in 2024.
  • It is expected to show an annual growth rate (CAGR 2024-2029) of 4.11% resulting in a projected total amount of US$44.96m by 2029.
  • The average price per contract in the Precious Metal Derivatives market amounts to US$0.01 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 3.83k by 2029.
 
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Analyst Opinion

The Precious Metal Derivatives market in Tajikistan is experiencing a notable shift in recent times, reflecting evolving customer preferences and local special circumstances.

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

Trends in the market:
One of the key trends in the Precious Metal Derivatives market in Tajikistan is the growing demand for gold and silver derivatives. Investors are drawn to the stability and long-term value retention offered by these precious metals, especially during uncertain economic times. This trend is further fueled by the global economic landscape, where geopolitical tensions and inflation concerns drive interest in safe-haven assets like gold and silver.

Local special circumstances:
Tajikistan's economy, heavily reliant on remittances and commodity exports, is susceptible to external shocks and fluctuations in global markets. As a result, investors in the country are seeking ways to protect their wealth and mitigate risks. The Precious Metal Derivatives market provides a convenient avenue for them to participate in the performance of precious metals without having to deal with the challenges of physical ownership and storage.

Underlying macroeconomic factors:
The development of the Precious Metal Derivatives market in Tajikistan is also influenced by underlying macroeconomic factors such as inflation, currency devaluation, and geopolitical uncertainties. These factors drive investors to seek alternative investment options that can preserve their capital and offer potential returns. The accessibility and liquidity of Precious Metal Derivatives make them an attractive choice for investors looking to navigate the complex economic environment in Tajikistan.

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.

Overview

  • Value Development
  • Volume
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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