Commodities

The nominal value in the Commodities market is projected to reach US$265.30bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.30% resulting in a projected total amount of US$343.50bn by 2029.
The average price per contract in the Commodities market amounts to US$0.41 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached United States (US$53.69tn in 2024).
In the Commodities market, the number of contracts is expected to amount to 699.90k by 2029.

Definition:

The commodities market refers to derivatives of commodities. These include financial vehicles such as options and futures. Derivatives allow investors to profit from a commodity’s value development without owning the physical commodity (e.g. instead of owning a unit of Gold, an investor could own a derivative of Gold). Therefore, physical commodities are out of scope in this analysis.

Structure:

The commodities market comprises derivatives of precious metals, industrial metals, energy products, agricultural products & the Emission Trade System. The segments of precious metals, industrial metals, energy products, and agricultural products are also providing price data of popular specific derivatives. The segment data of the Emission Trade System (ETS) is only provided for countries where an ETS is in place (therefore the number of countries where data is shown is reduced in comparison to other segments).

Additional information:

The market contains the following KPIs: annual notional value, the number of traded contracts, the open interest (number of outstanding contracts at the end of a year) as well as the average notional value per contract. Furthermore, the share of futures and options is provided for these KPIs to display even more insights into this market.

Options & Futures
Precious Metal Derivatives
Industry Metal Derivatives
Energy Product Derivatives
Agricultural Product Derivatives
Emission Trading System

Physical commodities
Other Derivative types
other Commodity Types

The Commodities market in Ukraine has been experiencing notable developments and trends in recent times. Customer preferences in the Commodities market in Ukraine have been shifting towards more diverse investment options, reflecting a growing appetite for risk management and portfolio diversification among investors.

This trend is in line with global market behavior, where investors seek to optimize their investment strategies by including Commodities in their portfolios. Trends in the market indicate a rising interest in energy Commodities, particularly natural gas, due to Ukraine's significant dependence on energy imports. As the country aims to enhance its energy security and reduce reliance on external suppliers, local investors are increasingly turning to energy Commodities as a strategic investment choice.

This trend aligns with the broader regional focus on energy independence and sustainability. Local special circumstances, such as geopolitical tensions and regulatory reforms in the energy sector, play a significant role in shaping the Commodities market in Ukraine. The ongoing geopolitical situation in the region has led to increased volatility in energy prices, making Commodities an attractive option for investors looking to hedge against geopolitical risks.

Additionally, regulatory changes aimed at enhancing transparency and efficiency in the energy market have influenced investor behavior and trading patterns in the Commodities market. Underlying macroeconomic factors, including currency fluctuations and inflation rates, also impact the Commodities market in Ukraine. As the local currency fluctuates against major currencies, investors are drawn to Commodities as a store of value and a hedge against currency risk.

Moreover, inflationary pressures drive investors to seek alternative investment opportunities, with Commodities offering a potential avenue for preserving capital in times of economic uncertainty. Overall, the Commodities market in Ukraine is evolving in response to changing customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. By aligning with global investment trends and adapting to local market conditions, the Commodities market in Ukraine continues to present opportunities for investors seeking to diversify their portfolios and manage risk effectively.

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.

This report presents a comprehensive analysis and additional information on the Financial market, in a PDF format.