The 2013 Import and Export Market for Refined Palm Oil and Its Fractions in Belgium

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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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