The 2009 Import and Export Market for Lactic Acid, Tartaric Acid, Citric Acid, and Their Salts and Esters in Asia
ICON Group International, May 2009, Pages: 49
On the demand side, exporters and strategic planners approaching the market in Asia face a number of questions. Which countries are supplying lactic acid, tartaric acid, citric acid, and their salts and esters to Asia? What is the dollar value of these imports? How much do the imports of lactic acid, tartaric acid, citric acid, and their salts and esters vary from one country to another in Asia? Do exporters serving the market in Asia have similar market shares across the importing countries? On the supply side, Asia also sells to the international market of lactic acid, tartaric acid, citric acid, and their salts and esters. Which countries in Asia supply the most exports of lactic acid, tartaric acid, citric acid, and their salts and esters? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?
This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for lactic acid, tartaric acid, citric acid, and their salts and esters in Asia. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for lactic acid, tartaric acid, citric acid, and their salts and esters for those countries serving Asia via exports or supplying from Asia via imports. We do so for the current year based on a variety of key historical indicators and econometric models.
In what follows, Chapter 2 begins by summarizing where Asia fits into the world market for imported and exported lactic acid, tartaric acid, citric acid, and their salts and esters. The total level of imports and exports on a worldwide basis, and those for Asia in particular, is based on a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the shares that countries in Asia are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets within Asia. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports for Asia, Chapter 3 details the exports of lactic acid, tartaric acid, citric acid, and their salts and esters, but for each individual country in Asia. Chapter 4 does the same, but for imports of lactic acid, tartaric acid, citric acid, and their salts and esters for all countries in Asia. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of lactic acid, tartaric acid, citric acid, and their salts and esters to and from Asia to and from all other countries in the world. Of the 150 countries considered, if a country is not reported here it is therefore estimated to have only a negligible level of trade in lactic acid, tartaric acid, citric acid, and their salts and esters (i.e. their market shares are close or equal to zero percent). "Lactic Acid, Tartaric Acid, Citric Acid, and Their Salts and Esters" as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined "lactic acid, tartaric acid, citric acid, and their salts and esters" is 51391 . For more information on this definition, please refer to the following web site:
http://unstats.un.org/unsd/cr/registry/regcs.asp?Cl=14&Lg=1&Co=513 .
1 METHODOLOGY 6
1.1 Our Approach 6
2 ASIA’S SHARE OF THE WORLD MARKET 17
2.1 Exports from Asia as Share of the World Export Market 17
2.2 Imports in Asia as Share of the World Import Market 19
3 EXPORTS FROM ASIA 23
3.1 Executive Summary 23
3.2 China 26
3.3 Hong Kong 27
3.4 India 28
3.5 Indonesia 29
3.6 Japan 30
3.7 Malaysia 31
3.8 Singapore 31
3.9 South Korea 32
3.10 Taiwan 32
3.11 Thailand 33
3.12 Vietnam 33
4 IMPORTS INTO ASIA 34
4.1 Executive Summary 34
4.2 Bangladesh 36
4.3 China 37
4.4 Hong Kong 38
4.5 India 39
4.6 Indonesia 40
4.7 Japan 41
4.8 Malaysia 42
4.9 Philippines 43
4.10 Singapore 44
4.11 South Korea 45
4.12 Sri Lanka 45
4.13 Taiwan 46
4.14 Thailand 47
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 48
5.1 Disclaimers & Safe Harbor 48
5.2 ICON Group Ltd. User Agreement Provisions 49
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