Commodities - Timor-Leste

Timor-Leste

The nominal value in the Commodities market is projected to reach US$2,909.00m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.75% resulting in a projected total amount of US$3,669.00m by 2029.
The average price per contract in the Commodities market amounts to US$0.01 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 412.40k by 2029.

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Analyst Opinion

The Commodities market in Timor-Leste is showing interesting developments worth exploring. Customer preferences in Timor-Leste are leaning towards a more diversified investment portfolio, with a growing interest in financial instruments such as Commodities.

Investors are increasingly looking for alternative ways to hedge risks and maximize returns, driving the demand for Commodities in the market. Trends in the market indicate a gradual but steady growth in the trading volume of Commodities. This can be attributed to the increasing awareness among investors about the potential benefits of including Commodities in their investment strategies.

As more market participants realize the advantages of diversification through Commodities, the market is witnessing a shift towards a more dynamic and active trading environment. Local special circumstances in Timor-Leste, such as its emerging market status and evolving regulatory framework, play a significant role in shaping the Commodities market. The relatively nascent stage of the market provides opportunities for investors to capitalize on early entry into this segment.

Additionally, the government's efforts to promote economic growth and attract foreign investment are creating a favorable environment for the development of the Commodities market. Underlying macroeconomic factors, including global economic conditions and geopolitical events, also influence the Commodities market in Timor-Leste. As a small economy with a growing presence in the global market, Timor-Leste is susceptible to external factors that can impact the prices of Commodities.

Investors need to stay informed about these macroeconomic trends to make well-informed decisions in the Commodities 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.