Commodities - Romania

Romania

The nominal value in the Commodities market is projected to reach US$274.80bn 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$344.70bn by 2029.
The average price per contract in the Commodities market amounts to US$0.28 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 1,086.00k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Romania has been experiencing a notable shift in recent years.

Customer preferences: Customers in Romania have shown an increasing interest in investing in financial derivatives, including Commodities. This trend is in line with the global rise in participation in the derivatives market as investors seek alternative investment options.

Trends in the market: The Commodities market in Romania has been witnessing a steady growth due to the growing number of retail investors looking to diversify their portfolios. This trend is further fueled by advancements in technology, making it easier for individuals to access and trade in the derivatives market.

Local special circumstances: Romania's economic landscape, with its emerging market status, has attracted investors looking for high-growth opportunities. The relatively lower barriers to entry in the Commodities market compared to other financial markets have also contributed to its increasing popularity among local investors.

Underlying macroeconomic factors: The overall economic stability and growth prospects in Romania have provided a conducive environment for the development of the Commodities market. Additionally, favorable government regulations and policies have played a significant role in boosting investor confidence and participation in the derivatives market.

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.