The 2009 Import and Export Market for Refined Palm Oil and Its Fractions in Cameroon
ICON Group International, August 2009, Pages: 13
On the demand side, exporters and strategic planners focusing on refined palm oil and its fractions in Cameroon face a number of questions. Which countries are supplying refined palm oil and its fractions to Cameroon? How important is Cameroon compared to others in terms of the entire global and regional market? How much do the imports of refined palm oil and its fractions vary from one country of origin to another in Cameroon? On the supply side, Cameroon also exports refined palm oil and its fractions. Which countries receive the most exports from Cameroon? 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 refined palm oil and its fractions in Cameroon. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 refined palm oil and its fractions for those countries serving Cameroon via exports, or supplying from Cameroon 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 Cameroon fits into the world market for imported and exported refined palm oil and its fractions. The total level of imports and exports on a worldwide basis, and those for Cameroon 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 Cameroon is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Cameroon 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 refined palm oil and its fractions, Chapter 3 goes into detail on imports, but for each major country of origin serving Cameroon. A “major” market is defined as a country where Cameroon represents a substantially large share of either imports or exports. For each major country exporting to Cameroon, one can thus observe how important Cameroon is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of refined palm oil and its fractions originating from Cameroon, for each major country of destination. In doing so, one can discover the share that Cameroon has in each major market; this share value is often used as a measure of competitiveness for Cameroon. 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 refined palm oil and its fractions to and from Cameroon to and from all other major countries in the world. "Refined Palm Oil and Its Fractions" 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 "refined palm oil and its fractions" is 42229 .
1 INTRODUCTION AND METHODOLOGY
2 CAMEROON AND THE WORLD MARKET
2.1 Imports in Cameroon in 2009
2.2 Exports from Cameroon in 2009
3 IMPORTS IN CAMEROON
3.1 Asia
3.1.1 Singapore
3.2 Europe
3.2.1 Belgium
4 EXPORTS FROM CAMEROON
4.1 Africa
4.1.1 Gabon
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions
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