The 2009 Import and Export Market for Tools for Rock Drilling or Earth Boring in Serbia and Montenegro
ICON Group International, August 2009, Pages: 16
On the demand side, exporters and strategic planners focusing on tools for rock drilling or earth boring in Serbia and Montenegro face a number of questions. Which countries are supplying tools for rock drilling or earth boring to Serbia and Montenegro? How important is Serbia and Montenegro compared to others in terms of the entire global and regional market? How much do the imports of tools for rock drilling or earth boring vary from one country of origin to another in Serbia and Montenegro? On the supply side, Serbia and Montenegro also exports tools for rock drilling or earth boring. Which countries receive the most exports from Serbia and Montenegro? 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 tools for rock drilling or earth boring in Serbia and Montenegro. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 tools for rock drilling or earth boring for those countries serving Serbia and Montenegro via exports, or supplying from Serbia and Montenegro 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 Serbia and Montenegro fits into the world market for imported and exported tools for rock drilling or earth boring. The total level of imports and exports on a worldwide basis, and those for Serbia and Montenegro 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 Serbia and Montenegro is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Serbia and Montenegro 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 tools for rock drilling or earth boring, Chapter 3 goes into detail on imports, but for each major country of origin serving Serbia and Montenegro. A “major” market is defined as a country where Serbia and Montenegro represents a substantially large share of either imports or exports. For each major country exporting to Serbia and Montenegro, one can thus observe how important Serbia and Montenegro is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of tools for rock drilling or earth boring originating from Serbia and Montenegro, for each major country of destination. In doing so, one can discover the share that Serbia and Montenegro has in each major market; this share value is often used as a measure of competitiveness for Serbia and Montenegro. 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 tools for rock drilling or earth boring to and from Serbia and Montenegro to and from all other major countries in the world. "Tools for Rock Drilling or Earth Boring" 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 "tools for rock drilling or earth boring" is 69563 .
1 INTRODUCTION AND METHODOLOGY
2 SERBIA AND MONTENEGRO AND THE WORLD MARKET
2.1 Imports in Serbia and Montenegro in 2009
2.2 Exports from Serbia and Montenegro in 2009
3 IMPORTS IN SERBIA AND MONTENEGRO
3.1 Asia
3.1.1 Japan
3.2 Europe
3.2.1 Austria
3.2.2 Sweden
3.2.3 Switzerland
4 EXPORTS FROM SERBIA AND MONTENEGRO
4.1 Europe
4.1.1 Bosnia and Herzegovina
4.2 the Middle East
4.2.1 Saudi Arabia
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions
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