Commodities - Tajikistan

Tajikistan

The nominal value in the Commodities market is projected to reach US$384.80m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.54% resulting in a projected total amount of US$503.90m by 2029.
The average price per contract in the Commodities 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$53,690.00bn in 2024).
In the Commodities market, the number of contracts is expected to amount to 394.40k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Tajikistan is experiencing a shift in customer preferences towards more diverse investment options.

Customer preferences: Investors in Tajikistan are increasingly looking for alternative investment opportunities beyond traditional financial instruments. This shift in preferences is driven by a growing interest in diversifying investment portfolios and seeking higher returns.

Trends in the market: The Commodities market in Tajikistan is witnessing a surge in trading activities, particularly in financial derivatives. Investors are showing a keen interest in commodities such as precious metals, energy products, and agricultural commodities. This trend is fueled by the potential for significant profits and the opportunity to hedge against inflation and market volatility.

Local special circumstances: Tajikistan's economy heavily relies on remittances from expatriates, which makes it vulnerable to external economic shocks. As a result, investors in the country are turning to the Commodities market as a way to safeguard their investments and mitigate risks associated with currency fluctuations and economic uncertainties.

Underlying macroeconomic factors: The growing interest in the Commodities market in Tajikistan can be attributed to several macroeconomic factors. The country's increasing integration into the global economy and efforts to diversify its economic base have created a conducive environment for commodity trading. Additionally, the government's focus on infrastructure development and attracting foreign investments has boosted investor confidence in the 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.