The 2011 Import and Export Market for Tung Oil and Its Fractions in Asia

On the demand side, exporters and strategic planners approaching the market in Asia face a number of questions. Which countries are supplying tung oil and its fractions to Asia? What is the dollar value of these imports? How much do the imports of tung oil and its fractions vary from one country to another in Asia? Do exporters serving the market in Asia have similar market shares across the importing countries? On the supply side, Asia also sells to the international market of tung oil and its fractions. Which countries in Asia supply the most exports of tung oil and its fractions? Which countries are buying their exports? 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 tung oil and its fractions in Asia. 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 Nor can managers be contented with out-of-date statistics that appear several years after the fact.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 tung oil and its fractions for those countries serving Asia via exports or supplying from Asia via imports. We do 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 Asia fits into the world market for imported and exported tung oil and its fractions. The total level of imports and exports on a worldwide basis, and those for Asia in particular, 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