The 2009 Import and Export Market for Tools for Rock Drilling or Earth Boring in Oceana

Icon Group International, Inc.
May 16, 2009
30 Pages - SKU: ICN2326058
Countries covered: Oceania

On the demand side, exporters and strategic planners approaching the market in Oceana face a number of questions. Which countries are supplying tools for rock drilling or earth boring to Oceana? What is the dollar value of these imports? How much do the imports of tools for rock drilling or earth boring vary from one country to another in Oceana? Do exporters serving the market in Oceana have similar market shares across the importing countries? On the supply side, Oceana also sells to the international market of tools for rock drilling or earth boring. Which countries in Oceana supply the most exports of tools for rock drilling or earth boring? 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 tools for rock drilling or earth boring in Oceana. 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 Nor can managers be contented with out-of-date statistics that appear several years after the fact.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 tools for rock drilling or earth boring for those countries serving Oceana via exports or supplying from Oceana 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 Oceana fits into the world market for imported and exported tools for rock drilling or earth boring. The total level of imports and exports on a worldwide basis, and those for Oceana 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 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 in Oceana are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets within Oceana. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.



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