The 2011 Import and Export Market for Unwrought Tin Alloys in Singapore by ICONGroup


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									   The 2011 Import and Export
    Market for Unwrought Tin
       Alloys in Singapore

                         Professor Philip M. Parker, Ph. D.
                      Chaired Professor of Management Science
                    INSEAD (Singapore & Fontainebleau, France)                                      ©2011 ICON Group Ltd.

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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.

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.                                                    ©2011 ICON Group Ltd.

                           About ICON Group Ltd.
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                                                               Contents        v

Table of Contents
1     INTRODUCTION AND METHODOLOGY                                         6
2     SINGAPORE AND THE WORLD MARKET                                       8
    2.1        Imports in Singapore in 2011                                8
    2.2        Exports from Singapore in 2011                              8
3     IMPORTS IN SINGAPORE                                                 9
    3.1      Asia                                                          9
       3.1.1   China                                                       9
       3.1.2   India                                                       9
       3.1.3   Indonesia                                                  10
       3.1.4   Japan                                                      10
       3.1.5   Malaysia                                                   11
       3.1.6   South Korea                                                11
       3.1.7   Taiwan                                                     12
       3.1.8   Thailand                                                   12
    3.2      Europe                                                       13
       3.2.1   France                                                     13
       3.2.2   Germany                                                    14
    3.3      North America & the Caribbean                                15
       3.3.1   the United States                                          15
4     EXPORTS FROM SINGAPORE                                              16
    4.1        Asia                                                       16
       4.1.1      China                                                   16
       4.1.2      Hong Kong                                               17
       4.1.3      India                                                   17
       4.1.4      Malaysia                                                18
       4.1.5      Philippines                                             18
    4.2        Europe                                                     19
       4.2.1      Belgium                                                 19
       4.2.2      the United Kingdom                                      20
    4.3        Oceana                                                     20
       4.3.1      Australia                                               20
    4.4        the Middle East                                            21
       4.4.1      Iran                                                    21
       4.4.2      Pakistan                                                21
    5.1        Disclaimers & Safe Harbor                                  22
    5.2        ICON Group Ltd. User Agreement Provisions                  23                                    ©2011 ICON Group Ltd.
                                                        Unwrought Tin Alloys in Singapore       6

On the demand side, exporters and strategic planners focusing on unwrought tin alloys in
Singapore face a number of questions. Which countries are supplying unwrought tin alloys to
Singapore? How important is Singapore compared to others in terms of the entire global and
regional market? How much do the imports of unwrought tin alloys vary from one country of
origin to another in Singapore? On the supply side, Singapore also exports unwrought tin alloys.
Which countries receive the most exports from Singapore? 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 unwrought tin alloys in
Singapore. 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 unwrought tin alloys for those countries serving Singapore via exports, or
supplying from Singapore 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 Singapore fits into the world market for
imported and exported unwrought tin alloys. The total level of imports and exports on a
worldwide basis, and those for Singapore 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 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 share that Singapore is likely to receive this year. From
these figures, rankings are calculated to allow managers to prioritize Singapore compared to other
major country markets. In this way, all the figures provided in this report are forecasts that can
be combined with internal information sources for strategic planning purposes.

After the worldwide summary in Chapter 2 of both imports and exports of unwrought tin alloys,
Chapter 3 goes into detail on imports, but for each major country of origin serving Singapore. A
“major” market is defined as a country where Singapore represents a substantially large share of
either imports or exports. For each major country exporting to Singapore, one can thus observe
how important Singapore is to that exporting country compared to other countries of the world.
Chapter 4 does the same, but for exports of unwrought tin alloys originating from Singapore, for
each major country of destination. In doing so, one can discover the share that Singapore has in
each major market; this share value is often used as a measure of competitiveness for Singapore.
In all cases, the total dollar volume and percentage share values by major trading partner are
provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of                                                    ©2011 ICON Group Ltd.
                                                           Unwrought Tin Alloys in Singapore        7

unwrought tin alloys to and from Singapore to and from all other major countries in the world.
"Unwrought Tin Alloys" as a category is defined 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 "unwrought tin
alloys" is 68712 . For more information on this definition, please refer to the following web site: .

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

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, 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.                                                       ©2011 ICON Group Ltd.
                                                             Unwrought Tin Alloys in Singapore          8

2.1         IMPORTS IN SINGAPORE IN 2011
                    Imported Unwrought Tin Alloys in Singapore, 2011
                              (Structure of Foreign Import Competition)

Country of Origin             Rank         Value (000 US$)              % Share        Cumulative %
Indonesia                         1                    11,475               42.97                 42.97
Malaysia                          2                     7,697               28.82                 71.79
Japan                             3                     4,606               17.25                 89.03
Taiwan                            4                     1,433                5.37                 94.40
Germany                           5                       456                1.71                 96.11
China                             6                       351                1.31                 97.42
France                            7                       340                1.27                 98.69
South Korea                       8                       264                0.99                 99.68
Thailand                          9                        37                0.14                 99.82
the United States                10                        37                0.14                 99.96
India                            11                        11                0.04                100.00
Total                                                  26,707              100.00                100.00
    Source: Philip M. PARKER, Professor, INSEAD, copyright 2011,

                    Unwrought Tin Alloys Exports from Singapore, 2011
Country of Destination        Rank         Value (000 US$)              % Share        Cumulative %
Malaysia                          1                    15,454               48.11                 48.11
China                             2                     8,069               25.12                 73.24
Hong Kong                         3                     2,995                9.32                 82.56
the United Kingdom                4                     1,756                5.47                 88.03
Australia                         5                     1,459                4.54                 92.57
Pakistan                          6                     1,214                3.78                 96.35
Philippines                       7                       553                1.72                 98.07
Iran                              8                       308                0.96                 99.03
Belgium                           9                       235                0.73                 99.76
India                            10                        76                0.24                100.00
Total                                                  32,119              100.00                100.00
    Source: Philip M. PARKER, Professor, INSEAD, copyright 2011,                                                          ©2011 ICON Group Ltd.
                                                             Unwrought Tin Alloys in Singapore          9

3.1         ASIA
3.1.1          China
                      Unwrought Tin Alloys Exports from China, 2011
Country of Destination        Rank         Value (000 US$)              % Share        Cumulative %
the United States                 1                    21,238               42.83                 42.83
the Netherlands                   2                    11,574               23.34                 66.17
Japan                             3                     7,189               14.50                 80.66
China                             4                     3,089                6.23                 86.89
Hong Kong                         5                     2,658                5.36                 92.25
Taiwan                            6                     1,256                2.53                 94.78
South Korea                       7                     1,116                2.25                 97.03
Ukraine                           8                  
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