- Published: February 2012
- Region: Global
The 2011 Import and Export Market for Nicotine and Its Salts in Denmark
- ID: 1424045
- May 2010
- Region: Denmark
- 13 pages
- ICON Group International
On the demand side, exporters and strategic planners focusing on nicotine and its salts in Denmark face a number of questions. Which countries are supplying nicotine and its salts to Denmark? How important is Denmark compared to others in terms of the entire global and regional market? How much do the imports of nicotine and its salts vary from one country of origin to another in Denmark? On the supply side, Denmark also exports nicotine and its salts. Which countries receive the most exports from Denmark? 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 nicotine and its salts in Denmark. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 nicotine and its salts for those countries serving Denmark via exports, or supplying from Denmark 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 Denmark fits into the world market for imported and exported nicotine and its salts. The total level of imports and exports on a worldwide basis, and those for Denmark 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 Denmark is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Denmark 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 nicotine and its salts, Chapter 3 goes into detail on imports, but for each major country of origin serving Denmark. A “major” market is defined as a country where Denmark represents a substantially large share of either imports or exports. For each major country exporting to Denmark, one can thus observe how important Denmark is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of nicotine and its salts originating from Denmark, for each major country of destination. In doing so, one can discover the share that Denmark has in each major market; this share value is often used as a measure of competitiveness for Denmark. 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 nicotine and its salts to and from Denmark to and from all other major countries in the world. "Nicotine and Its Salts" 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 "nicotine and its salts" is 54147 . SHOW LESS READ MORE >
1 INTRODUCTION AND METHODOLOGY
2 DENMARK AND THE WORLD MARKET
2.1 Imports in Denmark in 2011
2.2 Exports from Denmark in 2011
3 IMPORTS IN DENMARK
4 EXPORTS FROM DENMARK
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions