On the demand side, exporters and strategic planners focusing on clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories in St. Lucia face a number of questions. Which countries are supplying clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories to St. Lucia? How important is St. Lucia compared to others in terms of the entire global and regional market? How much do the imports of clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories vary from one country of origin to another in St. Lucia? On the supply side, St. Lucia also exports clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories. Which countries receive the most exports from St. Lucia? 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 clothing accessories of
textile fabrics excluding knitted and crocheted accessories and babies’ accessories in St. Lucia. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories for those countries serving St. Lucia via exports, or supplying from St. Lucia 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 St. Lucia fits into the world market for imported and exported clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories. The total level of imports and exports on a worldwide basis, and those for St. Lucia 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 St. Lucia is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize St. Lucia 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 clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories, Chapter 3 goes into detail on imports, but for each major country of origin serving St. Lucia. A “major” market is defined as a country where St. Lucia represents a substantially large share of either imports or exports. For each major country exporting to St. Lucia, one can thus observe how important St. Lucia is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories originating from St. Lucia, for each major country of destination. In doing so, one can discover the share that St. Lucia has in each major market; this share value is often used as a measure of competitiveness for St. Lucia. 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 clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories to and from St. Lucia to and from all other major countries in the world. "Clothing Accessories of Textile Fabrics Excluding Knitted and Crocheted Accessories and Babies’ Accessories" 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 "clothing accessories of textile fabrics excluding knitted and crocheted accessories and babies’ accessories" is 8461 .
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1 INTRODUCTION AND METHODOLOGY
2 ST. LUCIA AND THE WORLD MARKET
2.1 Imports in St. Lucia in 2009
2.2 Exports from St. Lucia in 2009
3 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
3.1 Disclaimers & Safe Harbor
3.2 ICON Group Ltd. User Agreement Provisions