Precious Metal Derivatives - Tunisia

Tunisia

The nominal value in the Precious Metal Derivatives market is projected to reach US$11.05m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.64% resulting in a projected total amount of US$13.86m by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$0.00 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 56.45k by 2029.

Market

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Analyst Opinion

The Precious Metal Derivatives market in Tunisia is experiencing a shift in dynamics as investors seek alternative investment opportunities in the financial sector.

Customer preferences: Investors in Tunisia are increasingly turning to Precious Metal Derivatives as a way to diversify their investment portfolios and hedge against market volatility. The allure of potential high returns and the ability to speculate on price movements without owning the physical assets are driving factors for customers in the market.

Trends in the market: One noticeable trend in the Precious Metal Derivatives market in Tunisia is the growing interest from retail investors who are looking to capitalize on the price fluctuations of gold, silver, and other precious metals. This trend is fueled by the accessibility of online trading platforms and the ease of entry into derivative markets. Additionally, there is a rising demand for structured products and exotic options as investors seek more sophisticated trading strategies to maximize their returns.

Local special circumstances: Tunisia's geopolitical stability and strategic location make it an attractive hub for investors looking to access the North African and Mediterranean markets. The country's well-established financial infrastructure and regulatory framework provide a conducive environment for the development of the Precious Metal Derivatives market. Moreover, the increasing awareness and education about financial instruments are contributing to the market growth in Tunisia.

Underlying macroeconomic factors: The global economic uncertainty and fluctuations in traditional asset classes have prompted investors in Tunisia to explore alternative investment avenues such as Precious Metal Derivatives. The low-interest-rate environment and the inflationary pressures are also driving investors towards derivatives as a way to protect their wealth and generate higher returns. Additionally, the government's efforts to promote the financial sector and attract foreign investments are supporting the development of the Precious Metal Derivatives market in Tunisia.

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.