The 2009 Import and Export Market for Sweet Biscuits, Waffles, Wafers, and Gingerbread in Serbia and Montenegro

On the demand side, exporters and strategic planners focusing on sweet biscuits, waffles, wafers, and gingerbread in Serbia and Montenegro face a number of questions. Which countries are supplying sweet biscuits, waffles, wafers, and gingerbread to Serbia and Montenegro? How important is Serbia and Montenegro compared to others in terms of the entire global and regional market? How much do the imports of sweet biscuits, waffles, wafers, and gingerbread vary from one country of origin to another in Serbia and Montenegro? On the supply side, Serbia and Montenegro also exports sweet biscuits, waffles, wafers, and gingerbread. Which countries receive the most exports from Serbia and Montenegro? 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 sweet biscuits, waffles, wafers, and gingerbread in Serbia and Montenegro. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 sweet biscuits, waffles, wafers, and gingerbread for those countries serving Serbia and Montenegro via exports, or supplying from Serbia and Montenegro 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 Serbia and Montenegro fits into the world market for imported and exported sweet biscuits, waffles, wafers, and gingerbread. The total level of imports and exports on a worldwide basis, and those for Serbia and Montenegro in particular, is estimated using a model which aggregates