The 2009 Import and Export Market for Refined Soybean Oil and Fractions in Chile
- ID: 1122447
- August 2009
- Region: Chile
- 13 pages
- ICON Group International
On the demand side, exporters and strategic planners focusing on refined soybean oil and fractions in Chile face a number of questions. Which countries are supplying refined soybean oil and fractions to Chile? How important is Chile compared to others in terms of the entire global and regional market? How much do the imports of refined soybean oil and fractions vary from one country of origin to another in Chile? On the supply side, Chile also exports refined soybean oil and fractions. Which countries receive the most exports from Chile? 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 soybean oil and fractions in Chile. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 soybean oil and fractions for those countries serving Chile via exports, or supplying from Chile 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 Chile fits into the world market for imported and exported refined soybean oil and fractions. The total level of imports and exports on a worldwide basis, and those for Chile 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 Chile is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Chile 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 soybean oil and fractions, Chapter 3 goes into detail on imports, but for each major country of origin serving Chile. A “major” market is defined as a country where Chile represents a substantially large share of either imports or exports. For each major country exporting to Chile, one can thus observe how important Chile is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of refined soybean oil and fractions originating from Chile, for each major country of destination. In doing so, one can discover the share that Chile has in each major market; this share value is often used as a measure of competitiveness for Chile. 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 soybean oil and fractions to and from Chile to and from all other major countries in the world. "Refined Soybean Oil and 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 soybean oil and fractions" is 42119 . SHOW LESS READ MORE >
1 INTRODUCTION AND METHODOLOGY
2 CHILE AND THE WORLD MARKET
2.1 Imports in Chile in 2009
2.2 Exports from Chile in 2009
3 IMPORTS IN CHILE
3.1 Latin America
4 EXPORTS FROM CHILE
4.1 Latin America
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions