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The 2011 Import and Export Market for Ferrous Metal Waste and Scrap Excluding Waste and Scrap of Cast Iron and Alloy Steel in Bulgaria

ICON Group International, May 2010, Pages: 22

On the demand side, exporters and strategic planners focusing on ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel in Bulgaria face a number of questions. Which countries are supplying ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel to Bulgaria? How important is Bulgaria compared to others in terms of the entire global and regional market? How much do the imports of ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel vary from one country of origin to another in Bulgaria? On the supply side, Bulgaria also exports ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel. Which countries receive the most exports from Bulgaria? 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 ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel in Bulgaria. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel for those countries serving Bulgaria via exports, or supplying from Bulgaria 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 Bulgaria fits into the world market for imported and exported ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel. The total level of imports and exports on a worldwide basis, and those for Bulgaria 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 Bulgaria is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Bulgaria 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 ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel, Chapter 3 goes into detail on imports, but for each major country of origin serving Bulgaria. A “major” market is defined as a country where Bulgaria represents a substantially large share of either imports or exports. For each major country exporting to Bulgaria, one can thus observe how important Bulgaria is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel originating from Bulgaria, for each major country of destination. In doing so, one can discover the share that Bulgaria has in each major market; this share value is often used as a measure of competitiveness for Bulgaria. 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 ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel to and from Bulgaria to and from all other major countries in the world. "Ferrous Metal Waste and Scrap Excluding Waste and Scrap of Cast Iron and Alloy Steel" 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 "ferrous metal waste and scrap excluding waste and scrap of cast iron and alloy steel" is 2823 .

1 INTRODUCTION AND METHODOLOGY
2 BULGARIA AND THE WORLD MARKET
2.1 Imports in Bulgaria in 2011
2.2 Exports from Bulgaria in 2011
3 IMPORTS IN BULGARIA
3.1 Europe
3.1.1 France
3.1.2 Greece
3.1.3 Macedonia
3.1.4 Romania
3.1.5 Russia
3.1.6 Serbia and Montenegro
3.1.7 Slovenia
3.1.8 Ukraine
4 EXPORTS FROM BULGARIA
4.1 Europe
4.1.1 Austria
4.1.2 Germany
4.1.3 Greece
4.1.4 Italy
4.1.5 Slovenia
4.2 the Middle East
4.2.1 Turkey
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions

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