Commodities - Worldwide

Worldwide

The nominal value in the Commodities market is projected to reach US$121,200.00bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 2.45% resulting in a projected total amount of US$136,800.00bn by 2029.
The average price per contract in the Commodities market amounts to US$0.02 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 5,707.00m by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market is a dynamic and ever-evolving sector that plays a crucial role in the global economy.

Customer preferences: Investors Worldwide are increasingly turning to Commodities as a way to diversify their portfolios and hedge against inflation and market volatility. The appeal of Commodities lies in their ability to provide a unique source of returns that is not directly correlated with traditional asset classes.

Trends in the market: In Asia, there is a growing interest in Commodities trading, driven by the region's economic growth and the increasing sophistication of financial markets. Countries like China and India are leading the way in this trend, with investors looking to capitalize on the rising demand for raw materials and energy.

Local special circumstances: In Europe, the Commodities market is influenced by a combination of regulatory factors and geopolitical events. The region's strict regulatory environment has led to increased scrutiny of Commodities trading practices, while ongoing geopolitical tensions have created uncertainty in the market.

Underlying macroeconomic factors: The performance of the Commodities market in Latin America is closely tied to the region's reliance on commodity exports. Fluctuations in global demand and commodity prices have a direct impact on the economic stability of countries in Latin America, making the region particularly sensitive to external market forces.

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.