On the demand side, exporters and strategic planners focusing on iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron in Venezuela face a number of questions. Which countries are supplying iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron to Venezuela? How important is Venezuela compared to others in terms of the entire global and regional market? How much do the imports of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron vary from one country of origin to another in Venezuela? On the supply side, Venezuela also exports iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron. Which countries receive the most exports from Venezuela? 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 iron casing, tubing, and drill pipe used in drilling for oil or gas excluding
those made of cast iron in Venezuela. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron for those countries serving Venezuela via exports, or supplying from Venezuela 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 Venezuela fits into the world market for imported and exported iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron. The total level of imports and exports on a worldwide basis, and those for Venezuela 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 Venezuela is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Venezuela 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 iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron, Chapter 3 goes into detail on imports, but for each major country of origin serving Venezuela. A “major” market is defined as a country where Venezuela represents a substantially large share of either imports or exports. For each major country exporting to Venezuela, one can thus observe how important Venezuela is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron originating from Venezuela, for each major country of destination. In doing so, one can discover the share that Venezuela has in each major market; this share value is often used as a measure of competitiveness for Venezuela. 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 iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron to and from Venezuela to and from all other major countries in the world. "Iron Casing, Tubing, and Drill Pipe Used in Drilling for Oil or Gas Excluding Those Made of Cast Iron" 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 "iron casing, tubing, and drill pipe used in drilling for oil or gas excluding those made of cast iron" is 67913 .
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1 INTRODUCTION AND METHODOLOGY
2 VENEZUELA AND THE WORLD MARKET
2.1 Imports in Venezuela in 2009
2.2 Exports from Venezuela in 2009
3 IMPORTS IN VENEZUELA
3.1 Asia
3.1.1 China
3.1.2 Japan
3.1.3 Singapore
3.2 Europe
3.2.1 Belgium
3.2.2 Germany
3.2.3 Italy
3.2.4 Switzerland
3.2.5 the Netherlands
3.2.6 the United Kingdom
3.3 Latin America
3.3.1 Argentina
3.3.2 Brazil
3.3.3 Chile
3.3.4 Colombia
3.3.5 Mexico
3.3.6 Peru
3.3.7 Uruguay
3.4 North America & the Caribbean
3.4.1 Canada
3.4.2 Cuba
3.4.3 the Netherlands Antilles
3.4.4 the United States
3.4.5 Trinidad and Tobago
4 EXPORTS FROM VENEZUELA
4.1 Latin America
4.1.1 Colombia
4.1.2 Ecuador
4.2 North America & the Caribbean
4.2.1 the United States
4.2.2 Trinidad and Tobago
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions