- Language: English
- 524 Pages
- Published: May 2012
- Region: Global
The 2009 Import and Export Market for Worked Aluminum and Aluminum Alloys in Estonia
- ID: 1165350
- August 2009
- Region: Estonia
- 25 pages
- ICON Group International
On the demand side, exporters and strategic planners focusing on worked aluminum and aluminum alloys in Estonia face a number of questions. Which countries are supplying worked aluminum and aluminum alloys to Estonia? How important is Estonia compared to others in terms of the entire global and regional market? How much do the imports of worked aluminum and aluminum alloys vary from one country of origin to another in Estonia? On the supply side, Estonia also exports worked aluminum and aluminum alloys. Which countries receive the most exports from Estonia? 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 worked aluminum and aluminum alloys in Estonia. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 worked aluminum and aluminum alloys for those countries serving Estonia via exports, or supplying from Estonia 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 Estonia fits into the world market for imported and exported worked aluminum and aluminum alloys. The total level of imports and exports on a worldwide basis, and those for Estonia 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 Estonia is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Estonia 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 worked aluminum and aluminum alloys, Chapter 3 goes into detail on imports, but for each major country of origin serving Estonia. A “major” market is defined as a country where Estonia represents a substantially large share of either imports or exports. For each major country exporting to Estonia, one can thus observe how important Estonia is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of worked aluminum and aluminum alloys originating from Estonia, for each major country of destination. In doing so, one can discover the share that Estonia has in each major market; this share value is often used as a measure of competitiveness for Estonia. 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 worked aluminum and aluminum alloys to and from Estonia to and from all other major countries in the world. "Worked Aluminum and Aluminum Alloys" 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 "worked aluminum and aluminum alloys" is 6842 . SHOW LESS READ MORE >
1 INTRODUCTION AND METHODOLOGY
2 ESTONIA AND THE WORLD MARKET
2.1 Imports in Estonia in 2009
2.2 Exports from Estonia in 2009
3 IMPORTS IN ESTONIA
4 EXPORTS FROM ESTONIA
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions