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The 2009 Import and Export Market for Ferrosilicon Chromium in Europe

ICON Group International, May 2009, Pages: 33

On the demand side, exporters and strategic planners approaching the market in Europe face a number of questions. Which countries are supplying ferrosilicon chromium to Europe? What is the dollar value of these imports? How much do the imports of ferrosilicon chromium vary from one country to another in Europe? Do exporters serving the market in Europe have similar market shares across the importing countries? On the supply side, Europe also sells to the international market of ferrosilicon chromium. Which countries in Europe supply the most exports of ferrosilicon chromium? 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 ferrosilicon chromium in Europe. 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 Nor can managers be contented with out-of-date statistics that appear several years after the fact.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 ferrosilicon chromium for those countries serving Europe via exports or supplying from Europe 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 Europe fits into the world market for imported and exported ferrosilicon chromium. The total level of imports and exports on a worldwide basis, and those for Europe 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 Europe are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets within Europe. 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 Europe, Chapter 3 details the exports of ferrosilicon chromium, but for each individual country in Europe. Chapter 4 does the same, but for imports of ferrosilicon chromium for all countries in Europe. 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 ferrosilicon chromium to and from Europe 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 ferrosilicon chromium (i.e. their market shares are close or equal to zero percent). "Ferrosilicon Chromium" 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 "ferrosilicon chromium" is 67154 . 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=671 .

1 METHODOLOGY 6
1.1 Our Approach 6
2 EUROPE’S SHARE OF THE WORLD MARKET 18
2.1 Exports from Europe as Share of the World Export Market 18
2.2 Imports in Europe as Share of the World Import Market 20
3 EXPORTS FROM EUROPE 22
3.1 Executive Summary 22
3.2 Austria 23
3.3 Belgium 24
3.4 France 24
3.5 Germany 24
3.6 Italy 24
3.7 Kazakhstan 25
3.8 Luxembourg 25
3.9 Russia 25
3.10 Sweden 26
3.11 the Netherlands 26
3.12 the United Kingdom 26
4 IMPORTS INTO EUROPE 27
4.1 Executive Summary 27
4.2 Belarus 29
4.3 Belgium 29
4.4 Czech Republic 29
4.5 France 30
4.6 Germany 30
4.7 Italy 31
4.8 Sweden 31
4.9 the Netherlands 31
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 32
5.1 Disclaimers & Safe Harbor 32
5.2 ICON Group Ltd. User Agreement Provisions 33

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