The 2009 Import and Export Market for Wood-Based and Resin-Based Chemical Products in the Middle East

On the demand side, exporters and strategic planners approaching the market in the Middle East face a number of questions. Which countries are supplying wood-based and resin-based chemical products to the Middle East? What is the dollar value of these imports? How much do the imports of wood-based and resin-based chemical products vary from one country to another in the Middle East? Do exporters serving the market in the Middle East have similar market shares across the importing countries? On the supply side, the Middle East also sells to the international market of wood-based and resin-based chemical products. Which countries in the Middle East supply the most exports of wood-based and resin-based chemical products? 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 wood-based and resin-based chemical products in the Middle East. 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 Nor can managers be contented with out-of-date statistics that appear several years after the fact.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 wood-based and resin-based chemical products for those countries serving the Middle East via exports or supplying from the Middle East 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 the Middle East fits into the world market for imported and exported wood-based and resin-based chemical products. The total level of imports and exports on a worldwide basis, and those for the Middle East 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 the Middle East are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets within the Middle East. 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 the Middle East, Chapter 3 details the exports of wood-based and resin-based chemical products, but for each individual country in the Middle East. Chapter 4 does the same, but for imports of wood-based and resin-based chemical products for all countries in the Middle East. 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 wood-based and resin-based chemical products to and from the Middle East 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 wood-based and resin-based chemical products (i.e. their market shares are close or equal to zero percent). "Wood-Based and Resin-Based Chemical Products" 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 "wood-based and resin-based chemical products" is 5981 . 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=598 .

1 METHODOLOGY 6 1.1 Our Approach 6 2 THE MIDDLE EAST’S SHARE OF THE WORLD MARKET 12 2.1 Exports from the Middle East as Share of the World Export Market 12 2.2 Imports in the Middle East as Share of the World Import Market 14 3 EXPORTS FROM THE MIDDLE EAST 18 3.1 Executive Summary 18 3.2 Iran 20 3.3 Israel 20 3.4 Pakistan 20 3.5 Saudi Arabia 20 3.6 the United Arab Emirates 21 3.7 Turkey 21 4 IMPORTS INTO THE MIDDLE EAST 22 4.1 Executive Summary 22 4.2 Armenia 25 4.3 Azerbaijan 25 4.4 Bahrain 26 4.5 Iran 26 4.6 Israel 27 4.7 Jordan 28 4.8 Kyrgyzstan 28 4.9 Lebanon 29 4.10 Oman 29 4.11 Pakistan 30 4.12 Qatar 30 4.13 Saudi Arabia 31 4.14 Syrian Arab Republic 32 4.15 Turkey 33 4.16 Yemen 34 5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 35 5.1 Disclaimers & Safe Harbor 35 5.2 ICON Group Ltd. User Agreement Provisions 36

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