The world Market for crude cottonseed oil a 2005 global trade perspective 9781417570829, 1417570822

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The World Market for Crude Cottonseed Oil: A 2005 Global Trade Perspective

By Professor Philip M. Parker, Ph. D. Eli Lilly Professor of Innovation, Business and Society INSEAD (Singapore & Fontainebleau, France)

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Neither ICON Group Ltd. nor its employees can be held accountable for the use and subsequent actions of the user of the information provided in this publication. Great efforts have been made to ensure the accuracy of the data, but we can not guarantee, given the volume of information, accuracy. Since the information given in this report is forward-looking, the reader should read the disclaimer statement and user agreement provisions at the end of this report.

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About the Author Dr. Philip M. Parker is the Eli Lilly Chaired Professor of Innovation, Business and Society at INSEAD where he has taught courses on multivariate statistics and global competitive strategy since 1988. He has also taught courses at MIT, Stanford University, Harvard University, UCLA, UCSD, and the Hong Kong University of Science and Technology. He is the author of six books on the economic convergence of nations. These books introduce the notion of “physioeconomics” which foresees a lack of global convergence in economic behaviors due to physiological and physiographic forces. His latest book is "Physioeconomics: The Basis for Long-Run Economic Growth" (MIT Press 2000). He has also published numerous articles in academic journals, including The Rand Journal of Economics, Marketing Science, the Journal of International Business Studies, Technological Forecasting and Social Change, International Journal of Forecasting, the European Management Journal, the European Journal of Operational Research, Journal of Marketing, International Journal of Research in Marketing, and Journal of Marketing Research. He is also on the editorial boards of several academic journals. Dr. Parker received his Ph.D. in Business Economics from the Wharton School of the University of Pennsylvania and has Masters degrees in Finance and Banking (University of Aix-Marseille) and Managerial Economics (Wharton). His undergraduate degrees are in mathematics, biology and economics (minor in aeronautical engineering). He has consulted and/or taught courses in Africa, the Middle East, Asia, Latin America, North America and Europe.

About this Series This series was created for international firms who rely on foreign export markets for a substantial portion of their business or who might be threatened by foreign trade competition. The estimates given in this report were created using a methodology developed by and under the direct supervision of Professor Philip M. Parker, the Eli Lilly Chaired Professor of Innovation, Business and Society, at INSEAD. The methodology, relying on historical figures of economic growth and trade flows, estimates the market shares of some 150 countries for over 500 industrial or product categories. The figures should be seen as market estimates, as opposed to historical records, as these are projected for the current year of trade.

Acknowledgements Some of the methodologies and research approaches used in this report have benefited from the R&D Committee at INSEAD, whose research support is gratefully acknowledged. Additional editorial assistance from Tiffany LaRochelle, ICON Group International, Inc., is also acknowledged.

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About ICON Group Ltd. ICON Group Ltd.’s primary mission is to assist managers with their international information needs. U.S.-owned and operated, ICON Group has field offices in Paris, Hong Kong and Lomé, Togo (West Africa). Created in 1994, ICON Group has published hundreds of multi-client databases, and global/regional market data, industry and country publications. Global/Regional Management Studies. Summarizing over 190 countries, management studies are generally organized into regional volumes and cover key management functions. The human resource series covers minimum wages, child labor, unionization and collective bargaining. The international law series covers media control and censorship, search and seizure, and trial justice and punishment. The diversity management series covers a variety of environmental context drivers that effect global operations. These include women’s rights, children’s rights, discrimination/racism, and religious forces and risks. Global strategic planning studies cover economic risk assessments, political risk assessments, foreign direct investment strategy, intellectual property strategy, and export strategies. Financial management studies cover taxes and tariffs. Global marketing studies focus on target segments (e.g. seniors, children, women) and strategic marketing planning. Country Studies. Often managers need an in-depth, yet broad and up-to-date understanding of a country’s strategic market potential and situation before the first field trip or investment proposal. There are over 190 country studies available. Each study consists of analysis, statistics, forecasts, and information of relevance to managers. The studies are continually updated to insure that the reports have the most relevant information available. In addition to raw information, the reports provide relevant analyses which put a more general perspective on a country (seen in the context of relative performance vis-à-vis benchmarks). Industry Studies. Companies are racing to become more international, if not global in their strategies. For over 2000 product/industry categories, these reports give the reader a concise summary of latent market forecasts, pro-forma financials, import competition profiles, contacts, key references and trends across 200 countries of the world. Some reports focus on a particular product and region (up to four regions per product), while others focus on a product within a particular country. ICON Group Customer Service 4370 La Jolla Village Drive, 4th floor San Diego, CA 92122 USA Tel: 1-858-546-4340 Fax: 1-858-546-4341 E-mail: [email protected] www.icongrouponline.com

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Contents

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Table of Contents 1

METHODOLOGY 1.1

2

Our Approach

THE WORLD MARKET 2.1 Exports 2.1.1 The World Market: Crude Cottonseed Oil Export Supplies in 2005 2.2 Imports 2.2.1 The World Market: Imported Crude Cottonseed Oil in 2005

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EXPORTS 3.1 3.1.1 3.1.2 3.1.3 3.1.4 3.1.5 3.1.6 3.1.7 3.1.8 3.2 3.2.1 3.2.2 3.2.3 3.2.4 3.3 3.3.1 3.3.2 3.4 3.4.1 3.4.2 3.5 3.5.1 3.5.2 3.5.3 3.5.4

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Europe: Export Supplies of Crude Cottonseed Oil Executive Summary Belgium Denmark Germany Greece Italy Kazakhstan Netherlands Latin America: Export Supplies of Crude Cottonseed Oil Executive Summary Argentina Brazil Mexico N. America & Caribbean: Export Supplies of Crude Cottonseed Oil Executive Summary United States Oceana: Export Supplies of Crude Cottonseed Oil Executive Summary Australia The Middle East: Export Supplies of Crude Cottonseed Oil Executive Summary Azerbaijan Iran Syrian Arab Republic

IMPORTS 4.1 Africa: Crude Cottonseed Oil Imports in 2005 4.1.1 Executive Summary 4.1.2 Egypt 4.1.3 South Africa 4.2 Asia: Crude Cottonseed Oil Imports in 2005 4.2.1 Executive Summary 4.2.2 Japan 4.3 Europe: Crude Cottonseed Oil Imports in 2005 4.3.1 Executive Summary 4.3.2 Albania 4.3.3 France 4.3.4 Greece 4.3.5 Italy 4.3.6 Luxembourg

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10 10 10 11 11

14 14 14 15 16 16 16 16 17 17 17 17 18 19 19 19 19 20 21 21 21 21 21 23 23 23

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Contents 4.3.7 Netherlands 4.3.8 Russia 4.3.9 Spain 4.3.10 Sweden 4.3.11 United Kingdom 4.4 Latin America: Crude Cottonseed Oil Imports in 2005 4.4.1 Executive Summary 4.4.2 El Salvador 4.4.3 Guatemala 4.4.4 Mexico 4.4.5 Nicaragua 4.5 The Middle East: Crude Cottonseed Oil Imports in 2005 4.5.1 Executive Summary 4.5.2 Azerbaijan 4.5.3 Jordan 4.5.4 Saudi Arabia

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30 31 31 31 32 32 32 34 34 34 35 35 35 36 37 37

DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 5.1 5.2

Disclaimers & Safe Harbor ICON Group Ltd. User Agreement Provisions

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38 38 39

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Crude Cottonseed Oil

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1 METHODOLOGY 1.1 OUR APPROACH This report was created for strategic planners, international executives and import/export managers who are concerned with the market for crude cottonseed oil. 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 crude cottonseed oil for those countries serving the world market via exports or supplying from various countries via imports. I do so for the current year based on a variety of key historical indicators and econometric models. On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying crude cottonseed oil? What is the dollar value of these imports? How much do the imports of crude cottonseed oil vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of crude cottonseed oil? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers? In what follows, Chapter 2 begins by summarizing the regional markets for imported and exported crude cottonseed oil. The total level of imports and exports on a worldwide basis, and those for each region, 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 are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes. After the worldwide summary in Chapter 2 of both imports and exports, Chapter 3 details the exports of crude cottonseed oil, for each individual country. Chapter 4 does the same, but for imports of crude cottonseed oil for all countries in the world. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of crude cottonseed oil to and from all major countries in the world. Of the 150 countries considered, if a country is not reported here it is therefore estimated to have only a negligible level of trade in crude cottonseed oil (i.e. their market shares are close or equal to zero percent). "Crude Cottonseed Oil" as a category is defined www.icongrouponline.com

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Crude Cottonseed Oil

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in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined "crude cottonseed oil" is 42121. For more information on this definition, please refer to the following web site: http://unstats.un.org/unsd/cr/registry/regcs.asp?Cl=14&Lg=1&Co=421 . This report is updated on an annual basis. To ensure that you have the most current version, please check the web site of ICON Group at www.icongrouponline.com, or call them in the USA at 858-546-4340. Important Caveat. The figures should be seen as market estimates, as opposed to historical records, as these are forecasted for the current year of trade. More importantly, in light of the fact that unforeseeable factors might interrupt markets in achieving their reported levels, the figures should be seen as estimates of potential. For example, "mad cow" disease, foot-and-mouth disease, trade embargoes, labor disputes, military conflicts, acts of terrorism and other events will certainly affect the actual trade flows recorded for a variety of industry or product categories. In such cases, the difference between the numbers given in this report and the numbers actually observed might be interpreted as the "net loss" or "net gain" due to these exogenous events affecting regular trade flows that would have occurred had these events not have taken place. Related Reports. This report was created for the market for crude cottonseed oil. Closely related reports published by ICON Group include the following: • • • • • • • • • • • • • • • •

The World Market for Castor Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Coconut Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Corn Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Cottonseed Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Crude Coconut Oil: A 2005 Global Trade Perspective The World Market for Crude Corn Oil: A 2005 Global Trade Perspective The World Market for Crude Cottonseed Oil: A 2005 Global Trade Perspective The World Market for Crude Linseed Oil: A 2005 Global Trade Perspective The World Market for Crude Palm Kernel or Babassu Oil: A 2005 Global Trade Perspective The World Market for Crude Palm Oil: A 2005 Global Trade Perspective The World Market for Crude Peanut Oil: A 2005 Global Trade Perspective The World Market for Crude Rape, Colza, or Mustard Oil: A 2005 Global Trade Perspective The World Market for Crude Rape, Colza, or Mustard Oil and Fractions Thereof: A 2005 Global Trade Perspective The World Market for Crude Soybean Oil: A 2005 Global Trade Perspective The World Market for Crude Sunflower Seed Oil or Safflower Oil: A 2005 Global Trade Perspective The World Market for Linseed Oil and Its Fractions: A 2005 Global Trade Perspective

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• • • • • •

• •

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The World Market for Olive Oil: A 2005 Global Trade Perspective The World Market for Olive Oil and Its Fractions Excluding Virgin Olive Oil: A 2005 Global Trade Perspective The World Market for Palm Kernel or Babassu Oil and Fractions Thereof: A 2005 Global Trade Perspective The World Market for Palm Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Peanut Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Refined Coconut Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Refined Corn Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Refined Cottonseed Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Refined Linseed Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Refined Oil and Fractions Thereof: A 2005 Global Trade Perspective The World Market for Refined Oil and Fractions Thereof: A 2005 Global Trade Perspective The World Market for Refined Palm Kernel or Babassu Oil and Fractions Thereof: A 2005 Global Trade Perspective The World Market for Refined Palm Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Refined Peanut Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Refined Soybean Oil and Fractions: A 2005 Global Trade Perspective The World Market for Sesame Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Soybean Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Sunflower Seed Oil or Safflower Oil and Fractions Thereof: A 2005 Global Trade Perspective The World Market for Tung Oil and Its Fractions: A 2005 Global Trade Perspective The World Market for Virgin Olive Oil: A 2005 Global Trade Perspective

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2 THE WORLD MARKET 2.1

EXPORTS

2.1.1

The World Market: Crude Cottonseed Oil Export Supplies in 2005

The following tables and graphs summarize the world exporters, by region of origin, of crude cottonseed oil for the year 2005.

World Supplies of Exported Crude Cottonseed Oil: 2005 Region of Origin

Rank

Value (000 US$)

% of World

Cumulative %

1 2 3 4 5

8,294 5,820 1,761 995 314 17,184

48.27 33.87 10.25 5.79 1.83 100.00

48.27 82.13 92.38 98.17 100.00 100.00

_________________________________________________________________________________________________________

Latin America N. America & Caribbean Oceana Europe The Middle East Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

World Supplies of Exported Crude Cottonseed Oil: 2005 N. America & Caribbean Oceana Europe The Middle East

Latin America

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World Supplies of Exported Crude Cottonseed Oil: 2005 Exporters

Rank

Value (000 US$)

% of World

Cumulative %

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

6,497 5,820 1,780 1,761 487 239 166 94 80 68 64 46 37 28 17 17,184

37.81 33.87 10.36 10.25 2.83 1.39 0.97 0.55 0.47 0.40 0.37 0.27 0.22 0.16 0.10 100.00

37.81 71.68 82.04 92.28 95.12 96.51 97.47 98.02 98.49 98.88 99.26 99.52 99.74 99.90 100.00 100.00

_________________________________________________________________________________________________________

Brazil United States Argentina Australia Greece Netherlands Iran Germany Azerbaijan Syrian Arab Republic Italy Denmark Kazakhstan Belgium Mexico Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

World Supplies of Exported Crude Cottonseed Oil: 2005 Argentina Australia

United States

Greece Other

Brazil

2.2

IMPORTS

2.2.1

The World Market: Imported Crude Cottonseed Oil in 2005

The following tables and graphs summarize the world markets for exporters of crude cottonseed oil for the year 2005.

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The World Exporters' Market for Imported Crude Cottonseed Oil: 2005 Region

Rank

Value (000 US$)

% of World

Cumulative %

1 2 3 4 5

8,277 4,149 2,749 1,731 278 17,184

48.17 24.14 16.00 10.07 1.62 100.00

48.17 72.31 88.31 98.38 100.00 100.00

_________________________________________________________________________________________________________

Africa Latin America Asia Europe The Middle East Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

The World Exporters' Market for Imported Crude Cottonseed Oil: 2005

Latin America

Asia

Europe The Middle East

Africa

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Target Markets for Imported Crude Cottonseed Oil: 2005 Target Market

Rank

Value (000 US$)

% of World

Cumulative %

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

6,401 2,749 2,231 1,876 1,620 658 343 281 205 166 144 117 80 68 64 50 44 42 28 17 17,184

37.25 16.00 12.98 10.92 9.43 3.83 2.00 1.64 1.19 0.97 0.84 0.68 0.47 0.40 0.37 0.29 0.26 0.24 0.16 0.10 100.00

37.25 53.25 66.23 77.15 86.57 90.40 92.40 94.04 95.23 96.19 97.03 97.71 98.18 98.57 98.95 99.24 99.49 99.74 99.90 100.00 100.00

_________________________________________________________________________________________________________

South Africa Japan Nicaragua Egypt Mexico Netherlands Spain El Salvador France Azerbaijan Albania Russia United Kingdom Jordan Greece Sweden Saudi Arabia Italy Luxembourg Guatemala Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Target Markets for Imported Crude Cottonseed Oil: 2005 Nicaragua Japan

Egypt Mexico

Other

South Africa

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3 EXPORTS 3.1

EUROPE: EXPORT SUPPLIES OF CRUDE COTTONSEED OIL

3.1.1

Executive Summary

The following tables and graphs summarize the export supplies in Europe of crude cottonseed oil:

Crude Cottonseed Oil Export Supplies from Europe: 2005 Exporters

Rank

Value (000 US$)

% of Europe

Cumulative %

1 2 3 4 5 6 7

487 239 94 64 46 37 28 995

48.94 24.02 9.45 6.43 4.62 3.72 2.81 100.00

48.94 72.96 82.41 88.84 93.47 97.19 100.00 100.00

_________________________________________________________________________________________________________

Greece Netherlands Germany Italy Denmark Kazakhstan Belgium Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Crude Cottonseed Oil Export Supplies from Europe: 2005 Netherlands

Germany Italy Denmark Other

Greece

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Crude Cottonseed Oil Exports from Europe by Country of Destination: 2005 Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2 3 4 5 6 7 8 9

343 205 144 80 64 50 44 37 28 995

34.47 20.60 14.47 8.04 6.43 5.03 4.42 3.72 2.81 100.00

34.47 55.08 69.55 77.59 84.02 89.05 93.47 97.19 100.00 100.00

_________________________________________________________________________________________________________

Spain France Albania United Kingdom Greece Sweden Saudi Arabia Russia Luxembourg Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Crude Cottonseed Oil Exports from Europe by Country of Destination: 2005 Albania

United Kingdom Greece

France

Other

Spain

3.1.2

Belgium Crude Cottonseed Oil Exports from Belgium, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

28 28

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Luxembourg Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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3.1.3

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Denmark Crude Cottonseed Oil Exports from Denmark, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

46 46

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

United Kingdom Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.1.4

Germany Crude Cottonseed Oil Exports from Germany, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2

50 44 94

53.19 46.81 100.00

53.19 100.00 100.00

_________________________________________________________________________________________________________

Sweden Saudi Arabia Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.1.5

Greece Crude Cottonseed Oil Exports from Greece, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2

343 144 487

70.43 29.57 100.00

70.43 100.00 100.00

_________________________________________________________________________________________________________

Spain Albania Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.1.6

Italy Crude Cottonseed Oil Exports from Italy, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

64 64

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Greece Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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3.1.7

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Kazakhstan Crude Cottonseed Oil Exports from Kazakhstan, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

37 37

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Russia Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.1.8

Netherlands Crude Cottonseed Oil Exports from Netherlands, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2

205 34 239

85.77 14.23 100.00

85.77 100.00 100.00

_________________________________________________________________________________________________________

France United Kingdom Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.2

LATIN AMERICA: EXPORT SUPPLIES OF CRUDE COTTONSEED OIL

3.2.1

Executive Summary

The following tables and graphs summarize the export supplies in Latin America of crude cottonseed oil:

Crude Cottonseed Oil Export Supplies from Latin America: 2005 Exporters

Rank

Value (000 US$)

% of Latin America

Cumulative %

78.33 21.46 0.20 100.00

78.33 99.80 100.00 100.00

_________________________________________________________________________________________________________

Brazil Argentina Mexico Total

1 2 3

6,497 1,780 17 8,294

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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Crude Cottonseed Oil Export Supplies from Latin America: 2005

Argentina

Mexico

Brazil

Crude Cottonseed Oil Exports from Latin America by Country of Destination: 2005 Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2 3

6,401 1,876 17 8,294

77.18 22.62 0.20 100.00

77.18 99.80 100.00 100.00

_________________________________________________________________________________________________________

South Africa Egypt Guatemala Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Crude Cottonseed Oil Exports from Latin America by Country of Destination: 2005

Egypt

Guatemala

South Africa

3.2.2

Argentina Crude Cottonseed Oil Exports from Argentina, 2005

Country of Destination South Africa Total

Rank 1

Value (000 US$) 1,780 1,780

% Share 100.00 100.00

Cumulative % 100.00 100.00

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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Brazil Crude Cottonseed Oil Exports from Brazil, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2

4,621 1,876 6,497

71.13 28.87 100.00

71.13 100.00 100.00

_________________________________________________________________________________________________________

South Africa Egypt Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.2.4

Mexico Crude Cottonseed Oil Exports from Mexico, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

17 17

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Guatemala Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.3

N. AMERICA & CARIBBEAN: EXPORT SUPPLIES OF CRUDE COTTONSEED OIL

3.3.1

Executive Summary

The following tables and graphs summarize the export supplies in N. America & Caribbean of crude cottonseed oil:

Crude Cottonseed Oil Export Supplies from N. America & Caribbean: 2005 Exporters

Rank

Value (000 US$)% of N. America & Cumulative % Caribbean

_________________________________________________________________________________________________________

United States Total

1

5,820 5,820

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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Crude Cottonseed Oil Exports from N. America & Caribbean by Country of Destination: 2005 Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2 3 4 5 6

2,231 1,620 988 658 281 42 5,820

38.33 27.84 16.98 11.31 4.83 0.72 100.00

38.33 66.17 83.14 94.45 99.28 100.00 100.00

_________________________________________________________________________________________________________

Nicaragua Mexico Japan Netherlands El Salvador Italy Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Crude Cottonseed Oil Exports from N. America & Caribbean by Country of Destination: 2005 Japan Netherlands Mexico El Salvador Other

Nicaragua

3.3.2

United States Crude Cottonseed Oil Exports from United States, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2 3 4 5 6

2,231 1,620 988 658 281 42 5,820

38.33 27.84 16.98 11.31 4.83 0.72 100.00

38.33 66.17 83.14 94.45 99.28 100.00 100.00

_________________________________________________________________________________________________________

Nicaragua Mexico Japan Netherlands El Salvador Italy Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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OCEANA: EXPORT SUPPLIES OF CRUDE COTTONSEED OIL

3.4.1

Executive Summary

21

The following tables and graphs summarize the export supplies in Oceana of crude cottonseed oil:

Crude Cottonseed Oil Export Supplies from Oceana: 2005 Exporters

Rank

Value (000 US$)

% of Oceana

Cumulative %

1

1,761 1,761

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Australia Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Crude Cottonseed Oil Exports from Oceana by Country of Destination: 2005 Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

1,761 1,761

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Japan Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.4.2

Australia Crude Cottonseed Oil Exports from Australia, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

1,761 1,761

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Japan Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.5

THE MIDDLE EAST: EXPORT SUPPLIES OF CRUDE COTTONSEED OIL

3.5.1

Executive Summary

The following tables and graphs summarize the export supplies in The Middle East of crude cottonseed oil:

www.icongrouponline.com

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Crude Cottonseed Oil Export Supplies from The Middle East: 2005 Exporters

Rank

Value (000 US$) % of The Middle East

Cumulative %

_________________________________________________________________________________________________________

Iran Azerbaijan Syrian Arab Republic Total

1 2 3

166 80 68 314

52.87 25.48 21.66 100.00

52.87 78.34 100.00 100.00

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Crude Cottonseed Oil Export Supplies from The Middle East: 2005 Azerbaijan

Syrian Arab Republic

Iran

Crude Cottonseed Oil Exports from The Middle East by Country of Destination: 2005 Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1 2 3

166 80 68 314

52.87 25.48 21.66 100.00

52.87 78.34 100.00 100.00

_________________________________________________________________________________________________________

Azerbaijan Russia Jordan Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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Crude Cottonseed Oil Exports from The Middle East by Country of Destination: 2005 Russia

Jordan

Azerbaijan

3.5.2

Azerbaijan Crude Cottonseed Oil Exports from Azerbaijan, 2005

Country of Destination Russia Total

Rank 1

Value (000 US$) 80 80

% Share 100.00 100.00

Cumulative % 100.00 100.00

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.5.3

Iran Crude Cottonseed Oil Exports from Iran, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

166 166

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Azerbaijan Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

3.5.4

Syrian Arab Republic Crude Cottonseed Oil Exports from Syrian Arab Republic, 2005

Country of Destination

Rank

Value (000 US$)

% Share

Cumulative %

1

68 68

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Jordan Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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4 IMPORTS 4.1

AFRICA: CRUDE COTTONSEED OIL IMPORTS IN 2005

4.1.1

Executive Summary

The following tables and graphs summarize the exporters' markets in Africa for imported crude cottonseed oil:

Target Markets for Imported Crude Cottonseed Oil in Africa: 2005 Target Market

Rank

Value (000 US$)

% of Africa

Cumulative %

1 2

6,401 1,876 8,277

77.33 22.67 100.00

77.33 100.00 100.00

_________________________________________________________________________________________________________

South Africa Egypt Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Target Markets for Imported Crude Cottonseed Oil in Africa: 2005

South Africa

Egypt

Competition in Africa for Imported Crude Cottonseed Oil by Country of Origin: 2005 Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2

6,497 1,780 8,277

78.49 21.51 100.00

78.49 100.00 100.00

_________________________________________________________________________________________________________

Brazil Argentina Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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Competition in Africa for Imported Crude Cottonseed Oil by Country of Origin: 2005

Brazil

4.1.2

Argentina

Egypt Imported Crude Cottonseed Oil in Egypt, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

1,876 1,876

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Brazil Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.1.3

South Africa Imported Crude Cottonseed Oil in South Africa, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2

4,621 1,780 6,401

72.19 27.81 100.00

72.19 100.00 100.00

_________________________________________________________________________________________________________

Brazil Argentina Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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4.2

ASIA: CRUDE COTTONSEED OIL IMPORTS IN 2005

4.2.1

Executive Summary

The following tables and graphs summarize the exporters' markets in Asia for imported crude cottonseed oil:

Target Markets for Imported Crude Cottonseed Oil in Asia: 2005 Target Market

Rank

Value (000 US$)

% of Asia

Cumulative %

1

2,749 2,749

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Japan Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Competition in Asia for Imported Crude Cottonseed Oil by Country of Origin: 2005 Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2

1,761 988 2,749

64.06 35.94 100.00

64.06 100.00 100.00

_________________________________________________________________________________________________________

Australia United States Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Competition in Asia for Imported Crude Cottonseed Oil by Country of Origin: 2005

Australia

www.icongrouponline.com

United States

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27

Japan Imported Crude Cottonseed Oil in Japan, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2

1,761 988 2,749

64.06 35.94 100.00

64.06 100.00 100.00

_________________________________________________________________________________________________________

Australia United States Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.3

EUROPE: CRUDE COTTONSEED OIL IMPORTS IN 2005

4.3.1

Executive Summary

The following tables and graphs summarize the exporters' markets in Europe for imported crude cottonseed oil:

Target Markets for Imported Crude Cottonseed Oil in Europe: 2005 Target Market

Rank

Value (000 US$)

% of Europe

Cumulative %

1 2 3 4 5 6 7 8 9 10

658 343 205 144 117 80 64 50 42 28 1,731

38.01 19.82 11.84 8.32 6.76 4.62 3.70 2.89 2.43 1.62 100.00

38.01 57.83 69.67 77.99 84.75 89.37 93.07 95.96 98.38 100.00 100.00

_________________________________________________________________________________________________________

Netherlands Spain France Albania Russia United Kingdom Greece Sweden Italy Luxembourg Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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Target Markets for Imported Crude Cottonseed Oil in Europe: 2005 France Spain

Albania Russia

Other

Netherlands

Competition in Europe for Imported Crude Cottonseed Oil by Country of Origin: 2005 Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2 3 4 5 6 7 8 9

700 487 239 80 64 50 46 37 28 1,731

40.44 28.13 13.81 4.62 3.70 2.89 2.66 2.14 1.62 100.00

40.44 68.57 82.38 87.00 90.70 93.59 96.24 98.38 100.00 100.00

_________________________________________________________________________________________________________

United States Greece Netherlands Azerbaijan Italy Germany Denmark Kazakhstan Belgium Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Competition in Europe for Imported Crude Cottonseed Oil by Country of Origin: 2005 Netherlands Greece

Azerbaijan Italy Other

United States

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29

Albania Imported Crude Cottonseed Oil in Albania, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

144 144

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Greece Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.3.3

France Imported Crude Cottonseed Oil in France, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

205 205

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Netherlands Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.3.4

Greece Imported Crude Cottonseed Oil in Greece, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

64 64

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Italy Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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30

Italy Imported Crude Cottonseed Oil in Italy, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

42 42

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

United States Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.3.6

Luxembourg Imported Crude Cottonseed Oil in Luxembourg, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

28 28

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Belgium Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.3.7

Netherlands Imported Crude Cottonseed Oil in Netherlands, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

658 658

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

United States Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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31

Russia Imported Crude Cottonseed Oil in Russia, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2

80 37 117

68.38 31.62 100.00

68.38 100.00 100.00

_________________________________________________________________________________________________________

Azerbaijan Kazakhstan Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.3.9

Spain Imported Crude Cottonseed Oil in Spain, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

343 343

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Greece Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.3.10

Sweden Imported Crude Cottonseed Oil in Sweden, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

50 50

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Germany Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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32

United Kingdom Imported Crude Cottonseed Oil in United Kingdom, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2

46 34 80

57.50 42.50 100.00

57.50 100.00 100.00

_________________________________________________________________________________________________________

Denmark Netherlands Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.4

LATIN AMERICA: CRUDE COTTONSEED OIL IMPORTS IN 2005

4.4.1

Executive Summary

The following tables and graphs summarize the exporters' markets in Latin America for imported crude cottonseed oil:

Target Markets for Imported Crude Cottonseed Oil in Latin America: 2005 Target Market

Rank

Value (000 US$)

% of Latin America

Cumulative %

53.77 39.05 6.77 0.41 100.00

53.77 92.82 99.59 100.00 100.00

_________________________________________________________________________________________________________

Nicaragua Mexico El Salvador Guatemala Total

1 2 3 4

2,231 1,620 281 17 4,149

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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Target Markets for Imported Crude Cottonseed Oil in Latin America: 2005 Mexico

El Salvador Guatemala

Nicaragua

Competition in Latin America for Imported Crude Cottonseed Oil by Country of Origin: 2005 Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2

4,132 17 4,149

99.59 0.41 100.00

99.59 100.00 100.00

_________________________________________________________________________________________________________

United States Mexico Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Competition in Latin America for Imported Crude Cottonseed Oil by Country of Origin: 2005

United States

www.icongrouponline.com

Mexico

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34

El Salvador Imported Crude Cottonseed Oil in El Salvador, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

281 281

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

United States Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.4.3

Guatemala Imported Crude Cottonseed Oil in Guatemala, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

17 17

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Mexico Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.4.4

Mexico Imported Crude Cottonseed Oil in Mexico, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

1,620 1,620

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

United States Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

2004 ICON Group Ltd.

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35

Nicaragua Imported Crude Cottonseed Oil in Nicaragua, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

2,231 2,231

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

United States Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.5

THE MIDDLE EAST: CRUDE COTTONSEED OIL IMPORTS IN 2005

4.5.1

Executive Summary

The following tables and graphs summarize the exporters' markets in The Middle East for imported crude cottonseed oil:

Target Markets for Imported Crude Cottonseed Oil in The Middle East: 2005 Target Market

Rank

Value (000 US$) % of The Middle East

Cumulative %

_________________________________________________________________________________________________________

Azerbaijan Jordan Saudi Arabia Total

1 2 3

166 68 44 278

59.71 24.46 15.83 100.00

59.71 84.17 100.00 100.00

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Target Markets for Imported Crude Cottonseed Oil in The Middle East: 2005 Jordan

Saudi Arabia

Azerbaijan

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Competition in The Middle East for Imported Crude Cottonseed Oil by Country of Origin: 2005 Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1 2 3

166 68 44 278

59.71 24.46 15.83 100.00

59.71 84.17 100.00 100.00

_________________________________________________________________________________________________________

Iran Syrian Arab Republic Germany Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

Competition in The Middle East for Imported Crude Cottonseed Oil by Country of Origin: 2005 Syrian Arab Republic

Germany

Iran

4.5.2

Azerbaijan Imported Crude Cottonseed Oil in Azerbaijan, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

166 166

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Iran Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

www.icongrouponline.com

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37

Jordan Imported Crude Cottonseed Oil in Jordan, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

68 68

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Syrian Arab Republic Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

4.5.4

Saudi Arabia Imported Crude Cottonseed Oil in Saudi Arabia, 2005 (Structure of Foreign Import Competition)

Country of Origin

Rank

Value (000 US$)

% Share

Cumulative %

1

44 44

100.00 100.00

100.00 100.00

_________________________________________________________________________________________________________

Germany Total

_________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2005, www.icongrouponline.com

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5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 5.1 DISCLAIMERS & SAFE HARBOR Summary disclaimer. This publication ("Report") does not constitute legal, valuation, tax, or financial consulting advice. Nor is it a statement on the performance, management capability or future potential (good or bad) of the company(ies), industry(ies), product(s), region(s), city(ies) or country(ies) ("Topics") discussed. It is offered as an information service to clients, associates, and academicians. Those interested in specific guidance for legal, strategic, and/or financial or accounting matters should seek competent professional assistance from their own advisors. Information was furnished to ICON Group Ltd. 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This report is for informational purposes only and is not intended as a recommendation to invest in a city, country, industry or product area, or an offer or solicitation with respect to the purchase or sale of a security, stock, or financial instrument. This report does not take into account the investment objectives, financial situation or particular needs of any particular person or legal entity. With respect to any specific Topic that might be discussed in this report, investors should obtain individual financial advice based on their own particular circumstances before making an investment decision on the basis of the information in this report. Investing in either U.S. or non-U.S. securities or markets entails inherent risks. In addition, exchange

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rate movements may have an effect on the reliability of the estimates provided in this report. ICON Group is not a registered Investment Adviser or a Broker/Dealer.

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END

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