Commodities - Qatar

Qatar

The nominal value in the Commodities market is projected to reach US$69.19bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.33% resulting in a projected total amount of US$89.69bn by 2029.
The average price per contract in the Commodities market amounts to US$0.09 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$53,690.00bn in 2024).
In the Commodities market, the number of contracts is expected to amount to 809.20k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Qatar has been experiencing a notable shift in recent years, reflecting the changing dynamics in the global financial landscape. Customer preferences in Qatar are increasingly leaning towards diversified investment portfolios that include Commodities.

This trend is driven by a growing awareness among investors about the benefits of including Commodities in their asset allocation strategy, such as portfolio diversification and potential hedging against inflation. Trends in the market indicate a rising demand for Commodities as an investment option in Qatar. This can be attributed to the country's efforts to develop its financial markets and attract more foreign investors.

As Qatar continues to strengthen its position as a financial hub in the region, the Commodities market is expected to witness further growth and innovation. Local special circumstances, such as Qatar's strategic location and its status as a major player in the global energy market, have also influenced the development of the Commodities market. The country's strong economic fundamentals and stable political environment contribute to creating a favorable investment climate for Commodities trading.

Underlying macroeconomic factors, including government policies and regulations, as well as global economic conditions, play a crucial role in shaping the Commodities market in Qatar. As the country diversifies its economy and reduces its reliance on oil and gas revenues, investors are increasingly looking towards alternative investment opportunities, with Commodities being a key focus area. Additionally, Qatar's strategic partnerships with other countries and its participation in international trade agreements further contribute to the growth and stability of the Commodities market in the country.

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.