The 2009 Import and Export Market for Waste and Scrap of Cast Iron in the Middle East

On the demand side, exporters and strategic planners approaching the market in the Middle East face a number of questions. Which countries are supplying waste and scrap of cast iron to the Middle East? What is the dollar value of these imports? How much do the imports of waste and scrap of cast iron vary from one country to another in the Middle East? Do exporters serving the market in the Middle East have similar market shares across the importing countries? On the supply side, the Middle East also sells to the international market of waste and scrap of cast iron. Which countries in the Middle East supply the most exports of waste and scrap of cast iron? 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 waste and scrap of cast iron in the Middle East. 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 Nor can managers be contented with out-of-date statistics that appear several years after the fact.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 waste and scrap of cast iron for those countries serving the Middle East via exports or supplying from the Middle East 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 the Middle East fits into the world market for imported and exported waste and scrap of cast iron. The total level of imports and exports on a worldwide basis, and those for the Middle East 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