Commodities - Germany

Germany

The nominal value in the Commodities market is projected to reach €2,465.00bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.32% resulting in a projected total amount of €3,045.00bn by 2029.
The average price per contract in the Commodities market amounts to €0.51 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (€49,270.00bn in 2024).
In the Commodities market, the number of contracts is expected to amount to 4,945.00k by 2029.

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Analyst Opinion

The Commodities market in Germany is experiencing a notable shift in recent years, driven by various factors shaping customer preferences, market trends, and local special circumstances.

Customer preferences: In Germany, investors are increasingly turning to commodities as a way to diversify their investment portfolios and hedge against inflation. The appeal of commodities lies in their ability to provide a store of value and serve as a safe haven asset during times of economic uncertainty.

Trends in the market: One prominent trend in the German Commodities market is the growing interest in sustainable and socially responsible investment options. ESG (Environmental, Social, and Governance) criteria are becoming more important for investors, leading to a rise in demand for commodities that meet these standards. This trend is in line with the global shift towards sustainable investing practices.

Local special circumstances: Germany's strong focus on renewable energy and sustainability is also influencing the Commodities market. The country's push towards green energy sources is driving demand for commodities like carbon credits and renewable energy certificates. This emphasis on sustainability is shaping the types of commodities that are gaining traction in the German market.

Underlying macroeconomic factors: The overall economic stability of Germany plays a crucial role in shaping the Commodities market. As one of the largest economies in Europe, Germany's economic performance, inflation rates, and monetary policies have a significant impact on commodity prices and investor sentiment. Additionally, geopolitical factors and trade policies can also influence the Commodities market in Germany, as the country relies heavily on international trade for its economic growth.

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.