The 2013 Import and Export Market for Essential Oils of Citrus Fruit in Mexico

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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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