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The 2011 Import and Export Market for Animal and Vegetable Oils, Fats, and Waxes in Greece
ICON Group International, May 2010, Pages: 82
On the demand side, exporters and strategic planners focusing on animal and vegetable oils, fats, and waxes in Greece face a number of questions. Which countries are supplying animal and vegetable oils, fats, and waxes to Greece? How important is Greece compared to others in terms of the entire global and regional market? How much do the imports of animal and vegetable oils, fats, and waxes vary from one country of origin to another in Greece? On the supply side, Greece also exports animal and vegetable oils, fats, and waxes. Which countries receive the most exports from Greece? 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 animal and vegetable oils, fats, and waxes in Greece. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 animal and vegetable oils, fats, and waxes for those countries serving Greece via exports, or supplying from Greece 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 Greece fits into the world market for imported and exported animal and vegetable oils, fats, and waxes. The total level of imports and exports on a worldwide basis, and those for Greece 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 Greece is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Greece 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 animal and vegetable oils, fats, and waxes, Chapter 3 goes into detail on imports, but for each major country of origin serving Greece. A “major” market is defined as a country where Greece represents a substantially large share of either imports or exports. For each major country exporting to Greece, one can thus observe how important Greece is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of animal and vegetable oils, fats, and waxes originating from Greece, for each major country of destination. In doing so, one can discover the share that Greece has in each major market; this share value is often used as a measure of competitiveness for Greece. 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 animal and vegetable oils, fats, and waxes to and from Greece to and from all other major countries in the world. "Animal and Vegetable Oils, Fats, and Waxes" 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 "animal and vegetable oils, fats, and waxes" is 4 .
1 INTRODUCTION AND METHODOLOGY
2 GREECE AND THE WORLD MARKET
2.1 Imports in Greece in 2011
2.2 Exports from Greece in 2011
3 IMPORTS IN GREECE
3.2.3 Papua New Guinea
3.3.15 Serbia and Montenegro
3.3.17 the Netherlands
3.3.18 the United Kingdom
4 EXPORTS FROM GREECE
4.1.1 South Africa
4.2.2 Hong Kong
4.2.4 South Korea
4.3.4 Bosnia and Herzegovina
4.3.27 the United Kingdom
4.4 Latin America
4.4.2 Costa Rica
4.5 North America & the Caribbean
4.5.2 the United States
4.6.2 New Zealand
4.7 the Middle East
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions