The 2011 Import and Export Market for Prepared Cut Flowers and Flower Buds Suitable for Bouquets or Ornamental Use in Honduras
ICON Group International, May 2010, Pages: 12
On the demand side, exporters and strategic planners focusing on prepared cut flowers and flower buds suitable for bouquets or ornamental use in Honduras face a number of questions. Which countries are supplying prepared cut flowers and flower buds suitable for bouquets or ornamental use to Honduras? How important is Honduras compared to others in terms of the entire global and regional market? How much do the imports of prepared cut flowers and flower buds suitable for bouquets or ornamental use vary from one country of origin to another in Honduras? On the supply side, Honduras also exports prepared cut flowers and flower buds suitable for bouquets or ornamental use. Which countries receive the most exports from Honduras? 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 prepared cut flowers and flower buds suitable for bouquets or ornamental use in Honduras. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 prepared cut flowers and flower buds suitable for bouquets or ornamental use for those countries serving Honduras via exports, or supplying from Honduras 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 Honduras fits into the world market for imported and exported prepared cut flowers and flower buds suitable for bouquets or ornamental use. The total level of imports and exports on a worldwide basis, and those for Honduras 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 Honduras is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Honduras 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 prepared cut flowers and flower buds suitable for bouquets or ornamental use, Chapter 3 goes into detail on imports, but for each major country of origin serving Honduras. A “major” market is defined as a country where Honduras represents a substantially large share of either imports or exports. For each major country exporting to Honduras, one can thus observe how important Honduras is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of prepared cut flowers and flower buds suitable for bouquets or ornamental use originating from Honduras, for each major country of destination. In doing so, one can discover the share that Honduras has in each major market; this share value is often used as a measure of competitiveness for Honduras. 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 prepared cut flowers and flower buds suitable for bouquets or ornamental use to and from Honduras to and from all other major countries in the world. "Prepared Cut Flowers and Flower Buds Suitable for Bouquets or Ornamental Use" 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 "prepared cut flowers and flower buds suitable for bouquets or ornamental use" is 29271 .
1 INTRODUCTION AND METHODOLOGY
2 HONDURAS AND THE WORLD MARKET
2.1 Imports in Honduras in 2011
2.2 Exports from Honduras in 2011
3 IMPORTS IN HONDURAS
3.1 Latin America
3.1.1 Guatemala
4 EXPORTS FROM HONDURAS
4.1 Latin America
4.1.1 El Salvador
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions
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