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The 2009 Import and Export Market for Binoculars in Czech Republic

ICON Group International, May 2009, Pages: 20

On the demand side, exporters and strategic planners focusing on binoculars in Czech Republic face a number of questions. Which countries are supplying binoculars to Czech Republic? How important is Czech Republic compared to others in terms of the entire global and regional market? How much do the imports of binoculars vary from one country of origin to another in Czech Republic? On the supply side, Czech Republic also exports binoculars. Which countries receive the most exports from Czech Republic? How are these exports concentrated across buyers? 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 binoculars in Czech Republic. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for binoculars for those countries serving Czech Republic via exports, or supplying from Czech Republic via imports. It does 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 Czech Republic fits into the world market for imported and exported binoculars. The total level of imports and exports on a worldwide basis, and those for Czech Republic in particular, is estimated using 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 share that Czech Republic is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Czech Republic compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

After the worldwide summary in Chapter 2 of both imports and exports of binoculars, Chapter 3 goes into detail on imports, but for each major country of origin serving Czech Republic. A “major” market is defined as a country where Czech Republic represents a substantially large share of either imports or exports. For each major country exporting to Czech Republic, one can thus observe how important Czech Republic is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of binoculars originating from Czech Republic, for each major country of destination. In doing so, one can discover the share that Czech Republic has in each major market; this share value is often used as a measure of competitiveness for Czech Republic. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of binoculars to and from Czech Republic to and from all other major countries in the world. "Binoculars" 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 "binoculars" is 87111 . 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=871 .

1 INTRODUCTION AND METHODOLOGY
2 CZECH REPUBLIC AND THE WORLD MARKET
2.1 Imports in Czech Republic in 2009
2.2 Exports from Czech Republic in 2009
3 IMPORTS IN CZECH REPUBLIC
3.1 Asia
3.1.1 China
3.1.2 Japan
3.2 Europe
3.2.1 Belarus
3.2.2 Germany
3.2.3 Switzerland
4 EXPORTS FROM CZECH REPUBLIC
4.1 Europe
4.1.1 Denmark
4.1.2 Germany
4.1.3 Norway
4.1.4 Poland
4.1.5 the Netherlands
4.2 North America & the Caribbean
4.2.1 the United States
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions

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