Precious Metal Derivatives - Ukraine

Ukraine

The nominal value in the Precious Metal Derivatives market is projected to reach US$20.15bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 9.74% resulting in a projected total amount of US$32.07bn by 2029.
The average price per contract in the Precious Metal Derivatives market amounts to US$3.10 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 7.43k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Precious Metal Derivatives market in Ukraine is experiencing a notable shift in recent years.

Customer preferences: Investors in Ukraine are increasingly turning to Precious Metal Derivatives as a way to diversify their portfolios and hedge against market volatility, mirroring a global trend towards alternative investments.

Trends in the market: The Precious Metal Derivatives market in Ukraine is witnessing a steady uptick in trading volume and liquidity, driven by growing interest from both retail and institutional investors. This trend is further fueled by the ease of access to global markets and the development of sophisticated trading platforms.

Local special circumstances: Ukraine's geopolitical situation and economic uncertainties have led investors to seek safe-haven assets like Precious Metal Derivatives, contributing to the market's expansion. Additionally, the lack of traditional investment options has pushed market participants towards derivative products.

Underlying macroeconomic factors: The overall economic instability in Ukraine, coupled with fluctuating currency values, has created a favorable environment for Precious Metal Derivatives. As investors seek ways to safeguard their wealth and mitigate risks, the demand for these financial instruments continues to grow.

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.