The 2009 Import and Export Market for Hand Tools, Pneumatic Tools, Tools with Self-Contained Non-Electric Motors, and Their Parts in Thailand

On the demand side, exporters and strategic planners focusing on hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts in Thailand face a number of questions. Which countries are supplying hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts to Thailand? How important is Thailand compared to others in terms of the entire global and regional market? How much do the imports of hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts vary from one country of origin to another in Thailand? On the supply side, Thailand also exports hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts. Which countries receive the most exports from Thailand? 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 hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts in Thailand. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts for those countries serving Thailand via exports, or supplying from Thailand 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 Thailand fits into the world market for imported and exported hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts. The total level of imports and exports on a worldwide basis, and those for Thailand 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 Thailand is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Thailand 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 hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts, Chapter 3 goes into detail on imports, but for each major country of origin serving Thailand. A “major” market is defined as a country where Thailand represents a substantially large share of either imports or exports. For each major country exporting to Thailand, one can thus observe how important Thailand is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts originating from Thailand, for each major country of destination. In doing so, one can discover the share that Thailand has in each major market; this share value is often used as a measure of competitiveness for Thailand. 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 hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts to and from Thailand to and from all other major countries in the world. "Hand Tools, Pneumatic Tools, Tools with Self-Contained Non-Electric Motors, and Their Parts" 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 "hand tools, pneumatic tools, tools with self-contained non-electric motors, and their parts" is 7451 . SHOW LESS READ MORE >

1 INTRODUCTION AND METHODOLOGY
2 THAILAND AND THE WORLD MARKET
2.1 Imports in Thailand in 2009
2.2 Exports from Thailand in 2009
3 IMPORTS IN THAILAND
3.1 Asia
3.1.1 China
3.1.2 Japan
3.1.3 Malaysia
3.1.4 Singapore
3.1.5 South Korea
3.1.6 Taiwan
4 EXPORTS FROM THAILAND
4.1 Asia
4.1.1 Hong Kong
4.1.2 India
4.1.3 Indonesia
4.1.4 Japan
4.1.5 Malaysia
4.1.6 Philippines
4.1.7 Singapore
4.1.8 South Korea
4.1.9 Taiwan
4.2 Europe
4.2.1 Ireland
4.3 Latin America
4.3.1 Mexico
4.4 the Middle East
4.4.1 Saudi Arabia
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions