The World Market for Olive Oil and Its Fractions Excluding Virgin Olive Oil: A 2009 Global Trade Perspective
ICON Group International, January 2009, Pages: 104
This report was created for strategic planners, international executives and import/export managers who are concerned with the market for olive oil and its fractions excluding virgin olive oil. 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 Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for olive oil and its fractions excluding virgin olive oil for those countries serving the world market via exports or supplying from various countries via imports. I do so for the current year based on a variety of key historical indicators and econometric models.
On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying olive oil and its fractions excluding virgin olive oil? What is the dollar value of these imports? How much do the imports of olive oil and its fractions excluding virgin olive oil vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of olive oil and its fractions excluding virgin olive oil? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?
In what follows, Chapter 2 begins by summarizing the regional markets for imported and exported olive oil and its fractions excluding virgin olive oil. The total level of imports and exports on a worldwide basis, and those for each region, is based on 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 shares that countries are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports, Chapter 3 details the exports of olive oil and its fractions excluding virgin olive oil, for each individual country. Chapter 4 does the same, but for imports of olive oil and its fractions excluding virgin olive oil for all countries in the world. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of olive oil and its fractions excluding virgin olive oil to and from all major countries in the world. Of the 150 countries considered, if a country is not reported here it is therefore estimated to have only a negligible level of trade in olive oil and its fractions excluding virgin olive oil (i.e. their market shares are close or equal to zero percent). "Olive Oil and Its Fractions Excluding Virgin Olive Oil" 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 "olive oil and its fractions excluding virgin olive oil" is 42142 . For more information on this definition, please refer to the following web site:
http://unstats.un.org/unsd/cr/registry/regcs.asp?Cl=14&Lg=1&Co=421 .
Important Caveat. The figures should be seen as market estimates, as opposed to historical records, as these are forecasted for the current year of trade. More importantly, in light of the fact that unforeseeable factors might interrupt markets in achieving their reported levels, the figures should be seen as estimates of potential. For example, "mad cow" disease, foot-and-mouth disease, trade embargoes, labor disputes, military conflicts, acts of terrorism and other events will certainly affect the actual trade flows recorded for a variety of industry or product categories. In such cases, the difference between the numbers given in this report and the numbers actually observed might be interpreted as the "net loss" or "net gain" due to these exogenous events affecting regular trade flows that would have occurred had these events not have taken place.
Related Reports. This report was created for the market for olive oil and its fractions excluding virgin olive oil. Closely related reports published by ICON Group include the following:
The World Market for Castor Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Coconut Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Corn Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Cottonseed Oil and Its Fractions: A 2009 Global Trade Perspective
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The World Market for Olive Oil: A 2009 Global Trade Perspective
The World Market for Olive Oil and Its Fractions Excluding Virgin Olive Oil: A 2009 Global Trade Perspective
The World Market for Palm Kernel or Babassu Oil and Fractions Thereof: A 2009 Global Trade Perspective
The World Market for Palm Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Peanut Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Refined Coconut Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Refined Corn Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Refined Cottonseed Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Refined Linseed Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Refined Oil and Fractions Thereof: A 2009 Global Trade Perspective
The World Market for Refined Oil and Fractions Thereof: A 2009 Global Trade Perspective
The World Market for Refined Palm Kernel or Babassu Oil and Fractions Thereof: A 2009 Global Trade Perspective
The World Market for Refined Palm Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Refined Peanut Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Refined Soybean Oil and Fractions: A 2009 Global Trade Perspective
The World Market for Sesame Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Soybean Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Sunflower Seed Oil or Safflower Oil and Fractions Thereof: A 2009 Global Trade Perspective
The World Market for Tung Oil and Its Fractions: A 2009 Global Trade Perspective
The World Market for Virgin Olive Oil: A 2009 Global Trade Perspective
1 METHODOLOGY 9
1.1 Our Approach 9
2 THE WORLD MARKET 12
2.1 Exports 12
2.1.1 The World Market: Olive Oil and Its Fractions Excluding Virgin Olive Oil Export Supplies in 2009 12
2.2 Imports 14
2.2.1 The World Market: Imported Olive Oil and Its Fractions Excluding Virgin Olive Oil in 2009 14
3 EXPORTS 18
3.1 Africa: Export Supplies of Olive Oil and Its Fractions Excluding Virgin Olive Oil 18
3.1.1 Executive Summary 18
3.1.2 Morocco 20
3.1.3 South Africa 20
3.1.4 Tunisia 21
3.2 Asia: Export Supplies of Olive Oil and Its Fractions Excluding Virgin Olive Oil 21
3.2.1 Executive Summary 21
3.2.2 China 23
3.2.3 Hong Kong 23
3.2.4 Japan 23
3.2.5 Malaysia 23
3.2.6 Singapore 24
3.3 Europe: Export Supplies of Olive Oil and Its Fractions Excluding Virgin Olive Oil 24
3.3.1 Executive Summary 24
3.3.2 Austria 27
3.3.3 Belgium 27
3.3.4 Croatia 28
3.3.5 Cyprus 28
3.3.6 Czech Republic 28
3.3.7 Denmark 28
3.3.8 France 29
3.3.9 Germany 29
3.3.10 Greece 30
3.3.11 Ireland 30
3.3.12 Italy 31
3.3.13 Portugal 32
3.3.14 Russia 32
3.3.15 Slovenia 32
3.3.16 Spain 33
3.3.17 Sweden 34
3.3.18 the Netherlands 34
3.3.19 the United Kingdom 35
3.4 Latin America: Export Supplies of Olive Oil and Its Fractions Excluding Virgin Olive Oil 35
3.4.1 Executive Summary 35
3.4.2 Argentina 37
3.4.3 Brazil 37
3.4.4 Mexico 38
3.4.5 Panama 38
3.5 North America & the Caribbean: Export Supplies of Olive Oil and Its Fractions Excluding Virgin Olive Oil 38
3.5.1 Executive Summary 38
3.5.2 the United States 40
3.6 Oceana: Export Supplies of Olive Oil and Its Fractions Excluding Virgin Olive Oil 40
3.6.1 Executive Summary 40
3.6.2 Australia 42
3.6.3 New Zealand 42
3.7 the Middle East: Export Supplies of Olive Oil and Its Fractions Excluding Virgin Olive Oil 43
3.7.1 Executive Summary 43
3.7.2 Israel 45
3.7.3 Jordan 45
3.7.4 Lebanon 46
3.7.5 Saudi Arabia 46
3.7.6 Syrian Arab Republic 46
3.7.7 the United Arab Emirates 47
3.7.8 Turkey 48
4 IMPORTS 49
4.1 Africa: Olive Oil and Its Fractions Excluding Virgin Olive Oil Imports in 2009 49
4.1.1 Executive Summary 49
4.1.2 Algeria 51
4.1.3 Cameroon 51
4.1.4 Cape Verde 52
4.1.5 Egypt 52
4.1.6 Gabon 52
4.1.7 Ghana 53
4.1.8 Mauritius 53
4.1.9 Morocco 53
4.1.10 Senegal 54
4.1.11 South Africa 54
4.1.12 Sudan 54
4.1.13 Togo 55
4.1.14 Tunisia 55
4.1.15 Zambia 55
4.1.16 Zimbabwe 56
4.2 Asia: Olive Oil and Its Fractions Excluding Virgin Olive Oil Imports in 2009 56
4.2.1 Executive Summary 56
4.2.2 Bangladesh 58
4.2.3 China 58
4.2.4 Hong Kong 59
4.2.5 India 59
4.2.6 Indonesia 59
4.2.7 Japan 60
4.2.8 Macau 60
4.2.9 Malaysia 60
4.2.10 Maldives 61
4.2.11 Philippines 61
4.2.12 Seychelles 61
4.2.13 Singapore 62
4.2.14 South Korea 62
4.2.15 Sri Lanka 62
4.2.16 Taiwan 63
4.2.17 Thailand 63
4.3 Europe: Olive Oil and Its Fractions Excluding Virgin Olive Oil Imports in 2009 63
4.3.1 Executive Summary 63
4.3.2 Albania 67
4.3.3 Andorra 67
4.3.4 Austria 68
4.3.5 Belarus 68
4.3.6 Belgium 68
4.3.7 Bosnia and Herzegovina 69
4.3.8 Bulgaria 69
4.3.9 Croatia 69
4.3.10 Cyprus 70
4.3.11 Czech Republic 70
4.3.12 Denmark 70
4.3.13 Estonia 71
4.3.14 Finland 71
4.3.15 France 71
4.3.16 Georgia 72
4.3.17 Germany 72
4.3.18 Greece 73
4.3.19 Hungary 73
4.3.20 Iceland 73
4.3.21 Ireland 74
4.3.22 Italy 74
4.3.23 Latvia 75
4.3.24 Lithuania 75
4.3.25 Luxembourg 75
4.3.26 Macedonia 76
4.3.27 Malta 76
4.3.28 Norway 76
4.3.29 Poland 77
4.3.30 Portugal 77
4.3.31 Romania 77
4.3.32 Russia 78
4.3.33 Serbia and Montenegro 78
4.3.34 Slovakia 78
4.3.35 Slovenia 79
4.3.36 Spain 79
4.3.37 Sweden 80
4.3.38 Switzerland 80
4.3.39 the Netherlands 81
4.3.40 the United Kingdom 81
4.3.41 Ukraine 82
4.4 Latin America: Olive Oil and Its Fractions Excluding Virgin Olive Oil Imports in 2009 82
4.4.1 Executive Summary 82
4.4.2 Argentina 84
4.4.3 Bolivia 84
4.4.4 Brazil 85
4.4.5 Chile 85
4.4.6 Colombia 85
4.4.7 Costa Rica 86
4.4.8 Ecuador 86
4.4.9 El Salvador 86
4.4.10 Guatemala 87
4.4.11 Guyana 87
4.4.12 Mexico 87
4.4.13 Nicaragua 88
4.4.14 Paraguay 88
4.4.15 Peru 88
4.4.16 Uruguay 89
4.4.17 Venezuela 89
4.5 North America & the Caribbean: Olive Oil and Its Fractions Excluding Virgin Olive Oil Imports in 2009 89
4.5.1 Executive Summary 89
4.5.2 Barbados 92
4.5.3 Canada 92
4.5.4 the United States 93
4.5.5 Trinidad and Tobago 93
4.5.6 Turks and Caicos Islands 94
4.6 Oceana: Olive Oil and Its Fractions Excluding Virgin Olive Oil Imports in 2009 94
4.6.1 Executive Summary 94
4.6.2 Australia 96
4.6.3 New Caledonia 97
4.6.4 New Zealand 97
4.7 the Middle East: Olive Oil and Its Fractions Excluding Virgin Olive Oil Imports in 2009 97
4.7.1 Executive Summary 97
4.7.2 Azerbaijan 99
4.7.3 Bahrain 100
4.7.4 Iran 100
4.7.5 Israel 100
4.7.6 Oman 101
4.7.7 Pakistan 101
4.7.8 Qatar 101
4.7.9 Saudi Arabia 102
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 103
5.1 Disclaimers & Safe Harbor 103
5.2 ICON Group Ltd. User Agreement Provisions 104
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