Taiwan Service Center to the World. Glenn Sachko Global Stainless Steel Inc. June 2013

Size: px
Start display at page:

Download "Taiwan Service Center to the World. Glenn Sachko Global Stainless Steel Inc. June 2013"

Transcription

1 Taiwan Service Center to the World Glenn Sachko Global Stainless Steel Inc. June 2013

2 Outline Global Stainless Global group Overview Export experience Taiwanese Production ( ) Domestic Production Import/Export - Consumption CR/HR - Import/Export Welded Tubes Major Importers Major Exporters China mainland vs Taiwan Market Differences CRC - Costs CRC - Production Inflation - Currency Effects Chinese Exports - ( ) Flat Products Long Products Conclusion Taiwanese Service Centers Mill vs Service Centers Advantages Disadvantages

3 Global Group of Companies Structure G.S.S.I. (TORONTO) Master Distribution And Stockists CLEVELAND METALS (CLEVELAND) End-user secondary sales only GLOBAL STAINLESS PRODUCTS (DETRIOT) Distribution and end-user Slitting Alabama Stainless and Storage (MOBILE) Distribution Storage and Processing Global Tube Company (Cambridge, Ontario) Master Distribution of Ornamental Tube Sales

4 Company Overview Offices and Markets Distributor and processor to end users and other service centers in 20 countries, selling stainless and aluminum products Offices Locations: Toronto/Cambridge Chicago/Mobile Dubai, U.A.E Shanghai, China Sheffield, England Genova, Italy Sydney /Montreal /Cleveland Service Centers: Detroit, Michigan Mobile, Alabama - USA, Twinsburg, Ohio. - Cambridge, Ontario Canada 4 tube mills, 5 slitting machines, 2 cut to length machines, and a Temper Rolling Mill Annual sales combined in Tonnage of 40,000 MT, combined between CME and GSSI. includes Prime and Secondary Flat-rolled Products in 300 and 400 series into 20 countries Main Markets Served: USA, Canada, Australia, England, Italy, Turkey, Taiwan, China, Pakistan India, Holland, Belgium, and the Middle-East

5 GSSI export experience

6 Taiwan Experience

7 Taiwanese Production

8 Domestic Production Company 200 series % 300 series % 400 series % YUSCO (HR&CR) Tang Eng (CR) Tung Mung (CR) Chia Far (CR)

9 Taiwanese STS import/export/consumption ( 000 t) Production Import Material available Export Apparent consumption Production peaked in 2006 Consumption peaked at 2004 but declining Export is expected to rise a little

10 Hot rolled ( 000 t) Export Import Total exp/imp Net difference Exports shrunk 240kt Imports rose dramatically at 460kt Domestic HR production replaced by import, for consumption and rerolling

11 Cold rolled ( 000 t) Export Import Total exp/imp Net difference Exports still rising Materials being imported for re-export Export-oriented service centers keep growing

12 Welded tubes ( 000 t) Export Import Total exp/imp Net difference Very successful in export and it has continuous growth. Export-oriented product

13 Major importers Japan Korea China Total of the big Import % 48.46% 55.93% 62.45% 72.97% 81.90% 89.88% The top 3 importers represent 90% of total imports of Taiwanese materials China mainland has risen imports into Taiwan by 500kt in last 5 years. A big jump last year because of the new import tax policy. (no import tax from Taiwan into China mainland.) Net imports continue to rise

14 Major export destinations EUROPE USA SOUTH AMERICA KOREA CHINA HONG KONG OTHER ASIA TOP 7 MARKETS IMPORT % OF TOTAL 90.83% 86.29% 84.38% 75.13% 72.61% 70.78% China + HK exports are down from 800k to only 200k New markets found: South America/other Asia/Europe Negative export since 2006 Export diversifying away China and spreading worldwide

15 Taiwanese Service Centers

16 Mill Vs Service Center Year 2012 estimation Production Exports [in '000 metric tonnes] YUSCO Tung Mung Mills Tang Eng Chia Far Others Total 1, SC's Ta Chen YC Inox Froch Others Total Grand TOTAL 910

17 Service Center Advantages PROFESSIONAL SERVICE DAY SHIPMENT GOOD PACKAGING VARIETY OF PRODUCT STANDARDIZED QUALITY LEVELS 20 YEAR EXPERIENCE PROCESSED TO SIZE SMALL LOTS AVAILABLE SOME CLAIMABILITY "COMFORT FACTOR" ENABLED NON SERVICE CENTERS TO BECOME SERVICE CENTERS COMMUNICATION VS CHINA MAINLAND

18 Service Center Disadvantages 90 DAY DELIVERY TIME CHANGE 12 HOURS TO NORTH AMERICA REGIONALIZATION- PRICE PARITY CREDIT TERMS PRICE HIGHER THAN CHINA ($50-$100) FIXED PRICE, NO ALLOY SURCHARGE MECHANISM FIRST TO INCREASE PRICES, LAST TO DECREASE PRICES HIGH 430 BA PRICES VARIETY OF PRODUCTS GRADES / WIDTHS (E.G. >60 WIDE, >3MM NOT EASY TO GET)

19 China Mainland vs Taiwan

20 Market Differences DOMESTIC MILL COST STRUCTURE: PRICE DISADVANTAGE USD HIGHER THEN CHINA PRIVATE VS PUBLIC OWNERSHIP COST EFFICIENCY RETURNS BORROWINGS EMPLOYMENT NEEDS VOLUME OF MATERIAL PRODUCED PRICE COMPETITION LACK OF PRODUCTION IN CERTAIN GRADES- WIDTHS MILL SERVICE CENTERS INTEGRATION, MILL & SERVICE, CHINESE GROWTH

21 Cold Rolled Coils (CRC) 304 2B Cost Type

22 Cold Rolled Coils (CRC) 304 2B Production Stage Source:SMR

23 INFLATION CURRENCY EFFECTS USD vs CNY vs TWD Exchange rate 2009 Exchange rate 2013 China USA Taiwan Difference -9.22% 0.00% % Inflation CPI % 2.72% -0.90% % 1.50% 1% % 2.96% 1.40% % 1.74% 2.30% Total 12.74% 8.92% 3.80% Total % change % -8.92% % Notes: CNY and TWD getting stronger over past 4 years against the USD, making it more difficult to export Low Taiwanese inflation helping to keep them competitive

24 China mainland Exports CHINESE WILL CONTINUE TO INCREASE EXPORTS Chinese STS Flat Exports Destinations Y-on-Y Change [ kt ] '11 vs '10 '12 vs '11 USA % 3% Other NAFTA % 25% EUROPE % 0% ASIA , , % -10% Others* % -12% TOTAL , , , % -8% *incl. India Chinese STS Long Exports Destinations Y-on-Y Change in kt '11 vs '10 '12 vs '11 USA % 7% Other NAFTA % 5% EUROPE % -49% ASIA % -7% Others* % -2% TOTAL % -8% *incl. India Source: SMR

25 China Flat Products Export Source:SMR

26 China Long Products Export Source: SMR

27 Conclusion TAIWAN MILLS AT COST DISADVANTAGE VS CHINESE MILLS SHRINKING MARKET TAIWANESE PRODUCERS MOVE TO CHINA MAINLAND- LISCO,NINGBO QI ENHANCE VALUE ADDITIONS TAIWANESE HAVE HAD A HEAD START AT BEING THE SERVICE CENTER TO THE WORLD. THERE WILL BE A BLENDING OF TAIWANESE SERVICE AT MAINLAND PRICES THROUGH A VARIEY OF FORMS A/ TAIWANESE SERVICE CENTERS MOVING TO CHINA B/ CHINESE MAINLAND SERVICE CENTERS EMPLOYING TAIWANESE MANAGEMENT C/NARROWING OF THE QUALITY AND SERVICE GAP ADD FINANCING OPTIONS TO ENHANCE COMPETITIVENESS TAIWANESE INFLATION HAS HELPED KEEP THEM COMPETITIVE

28 Conclusion CHINA MAINLAND MILL COST ADVANTAGE IS A THREAT TO THE TAIWANESE MODEL CHINA MAINLAND OVERCAPACITY WILL FORCE CHINESE MILLS TO SUPPORT EXPORTS DIRECTLY OR THROUGH SERVICE CENTERS WHILE MAINLAND SERVICE CENTERS HAVE RAISED THEIR STANDARDS THERE IS STILL A SERVICE GAP COMPARED TO TAIWANESE CHINA MAINLAND TO IMPROVE SERVICE CENTER EXPORT CAPABILITIES -MATERIAL QUALITY -SERVICE LEVELS -CLAIMABILITY -PACKAGING -STANDARDIZATION -SMALL VARIED LOTS -EXAMPLES-DAMING,CHAINCHON,BAOCHANG TAIWANESE SERVICE CENTERS RELOCTATING TO CHINA TO TAKE ADVANTAGE OF LOWER COST MATERIAL

29 Conclusion REGIONAL COST PARITY MAY LOWER INTERCONTINENTAL TRADE INFLATION AND CURRENCY STRENGTHENING IS ERODING ASIAN COST PRODUCTION ADVANTAGES NEW U.S. MILL EXPANSION (E.G. ALLEGHENY AND OUTOKUMPU) WILL BE LOW COST PROVIDERS WITH ABUNDANT DOMESTIC SCRAP AND MAY AFFECT WORLD STAINLESS TRADE FLOWS

30 THANK YOU

Mena Region as Export Location Challenges & Opportunities. Middle East Iron & Steel Conference - DUBAI

Mena Region as Export Location Challenges & Opportunities. Middle East Iron & Steel Conference - DUBAI Mena Region as Export Location Challenges & Opportunities Crude Steel Production (2012) : Rank Country Production ( 000 mt) EAF (%) BOF + (%) Total 1546,8 29,3 69,6 1 China 716,5 10,1 89,8 2 Japan 107,2

More information

Overview of the Manganese Industry

Overview of the Manganese Industry 39th Annual Conference Istanbul, Turkey 2013 Overview of the Manganese Industry International Manganese Institute Alberto Saavedra Market Research Manager June, 2013 Introduction Global Production Supply,

More information

PHILIPPINES. 1. Market Trends: Import Items Change in % Major Sources in %

PHILIPPINES. 1. Market Trends: Import Items Change in % Major Sources in % PHILIPPINES A. MARKET OF FRESH FRUITS & VEGETABLES 1. Market Trends: Import Items 2003 2007 Change in % Major Sources in % Value Quantity Value Quantity Value Quantity USD '000 Tons USD '000 Tons Grapes

More information

DEVELOPMENTS IN STEEL SCRAP IN 2009

DEVELOPMENTS IN STEEL SCRAP IN 2009 DEVELOPMENTS IN STEEL SCRAP IN 2009 AMERICAN SCRAP COALITION WASHINGTON, DC DEVELOPMENTS IN STEEL SCRAP 2009 The year 2009 demonstrated that the United States continues to experience a crisis with respect

More information

Update on ASEAN Steel Industry Development Scenario

Update on ASEAN Steel Industry Development Scenario 2017 ASEAN Iron and Steel Sustainability Forum Update on ASEAN Steel Industry Development Scenario Presented by: TAN AH YONG Secretary General South East Asia Iron and Steel Institute (SEAISI) CONTENTS:

More information

Benzene Supply & Demand Balance

Benzene Supply & Demand Balance Benzene & Balance 2011-2014 Hideki Ito Group Manager JX Nippon Oil & Energy Corporation Benzene & Balance 2011-2014 December 2011 JX 日鉱日石エネルギーエネルギー株式会社 Contents 1. Benzene s Global Turnover 2. Global Balance

More information

Paper Packaging Practice June Copyright 2015 RISI, Inc. All rights reserved.

Paper Packaging Practice June Copyright 2015 RISI, Inc. All rights reserved. Global Containerboard Outlook Ken Waghorne, VP Paper Packaging Practice June 2015 1 Today s Agenda Regional Containerboard Markets Asia Europe Western Eastern North America Latin America Rest of World

More information

Asia Pacific Tuna Trade. Shirlene Maria Anthonysamy INFOFISH Pacific Tuna Forum 2017 Papua New Guinea

Asia Pacific Tuna Trade. Shirlene Maria Anthonysamy INFOFISH Pacific Tuna Forum 2017 Papua New Guinea Asia Pacific Tuna Trade Shirlene Maria Anthonysamy INFOFISH Pacific Tuna Forum 217 Papua New Guinea JAPANESE MARKET Demand for sashimi tuna remains highly seasonal strengthening during the spring festivals

More information

Table grape. Horticulture trade intelligence. Quarter 1: January to March 2017

Table grape. Horticulture trade intelligence. Quarter 1: January to March 2017 Horticulture trade intelligence A custom report compiled for Hort Innovation by Euromonitor International Table grape Quarter 1: January to March 217 Horticulture trade intelligence: Table grape: 217:

More information

Thailand Packaging Machinery Market. Jorge Izquierdo VP Market Development PMMI

Thailand Packaging Machinery Market. Jorge Izquierdo VP Market Development PMMI Thailand Packaging Machinery Market Jorge Izquierdo VP Market Development PMMI jizquierdo@pmmi.org www.pmmi.org/global www.pmmi.org/research Today General Economic and Political Highlights Current Packaging

More information

Global Wine Report SAN JOAQUIN VALLEY WINE GROWERS ASSOCIATION NOVEMBER 29, 2017 DEDICATED BROKERS IN 8 COUNTRIES

Global Wine Report SAN JOAQUIN VALLEY WINE GROWERS ASSOCIATION NOVEMBER 29, 2017 DEDICATED BROKERS IN 8 COUNTRIES Global Wine Report SAN JOAQUIN VALLEY WINE GROWERS ASSOCIATION NOVEMBER 29, 2017 DEDICATED BROKERS IN 8 COUNTRIES GLOBALLY BASED TO BUILD YOUR BUSINESS WORLDWIDE 1 INTRODUCTION Ciatti Co à 8 Regional Offices

More information

THE OUTLOOK FOR METAL CANS 2014 EDITION TABLE OF CONTENTS

THE OUTLOOK FOR METAL CANS 2014 EDITION TABLE OF CONTENTS EXECUTIVE SUMMARY... ES-1 I. INTRODUCTION... 1 The Global Packaging Industry... 1 Metal Can Categories... 2 A Brief History of Metal Cans... 5 Major Developments and Trends... 6 Market Saturation... 7

More information

The Potential Role of Latin America Food Trade in Asia Pacific PECC Agricultural and Food Policy Forum Taipei

The Potential Role of Latin America Food Trade in Asia Pacific PECC Agricultural and Food Policy Forum Taipei The Potential Role of Latin America Food Trade in Asia Pacific 2011 PECC Agricultural and Food Policy Forum Taipei Universidad EAFIT, Colombia December 2, 2011 1 CONTENTS 1. Introduction 2. Food Trade

More information

INTERNATIONAL DAIRY PRODUCTS COUNCIL. Reply to Questionnaire 4. Australia (1988/89) I. Milk. A. Production and Utilization of Milk

INTERNATIONAL DAIRY PRODUCTS COUNCIL. Reply to Questionnaire 4. Australia (1988/89) I. Milk. A. Production and Utilization of Milk GENERAL AGREEMENT ON TARIFFS AND TRADE ACCORD GENERAL SUR LES TARIFS DOUANIERS ET LE COMMERCE ACUERDO GENERAL SOBRE ARANCELES ADUANEROS Y COMERCIO RESTRICTED DPC/STAT/12/Add.20 29 September 198 9 International

More information

Global Sesame Oil Market Professional Survey Report 2017

Global Sesame Oil Market Professional Survey Report 2017 Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > Global Sesame Oil Market Professional Survey Report 2017 Global Sesame Oil Market Professional Survey Report 2017

More information

Global Trade in Mangoes

Global Trade in Mangoes Global Trade in Mangoes October 2014 Jim Lang Managing Director TradeData International Pty Ltd jim.lang@tradedata.net www.tradedata.net COUNTRIES WITH MONTH IMPORT STATISTICS 1. The global market is just

More information

January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST

January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST Table of Contents Executive Summary... 4 1. VARIETIES OF GRAPES... 6 1.1. White table grapes... 6 1.2. Red table grapes... 6 2. WORLD DEMAND

More information

Global Dissolving Pulp Market Outlook China

Global Dissolving Pulp Market Outlook China Global Dissolving Pulp Market Outlook China RISI Asian Conference May 2017 Rod Young Chief Economic Advisor China Is The Driving Force Behind Dissolving Pulp Demand Viscose fibers lead the development

More information

North America Grains Outlook

North America Grains Outlook banchero costa North America Grains Outlook (covering wheat and coarse grains) September 2018 bancosta blue studies volume DRY 2018/#12 banchero costa research www.bancosta.com ; research@bancosta.com

More information

WORLD OILSEEDS AND PRODUCTS

WORLD OILSEEDS AND PRODUCTS WORLD OILSEEDS AND PRODUCTS 218 / World Oilseeds and Products: FAPRI 2004 Agricultural Outlook World Soybean and Soybean Products The world soybean price climbed strongly in 2003/04, driven by robust demand

More information

Outlook for Global Recovered Paper Markets. Global OCC Market. Global ONP Market RISI. Hannah Zhao, Economist, Recovered Paper October 2012

Outlook for Global Recovered Paper Markets. Global OCC Market. Global ONP Market RISI. Hannah Zhao, Economist, Recovered Paper October 2012 Outlook for Global Recovered Paper Markets Hannah Zhao, Economist, Recovered Paper October 212 Global OCC Market $28 $24 $2 $16 US$ per Tonne % 6 55 5 $12 $8 US West Export (FAS) N. German Export (FAS)

More information

DEVELOPMENTS IN TURKISH STEEL INDUSTRY AND OUTLOOK

DEVELOPMENTS IN TURKISH STEEL INDUSTRY AND OUTLOOK DEVELOPMENTS IN TURKISH STEEL INDUSTRY AND OUTLOOK Dr. Veysel YAYAN Secretary General Turkish Iron and Steel Producers Association OECD Steel Commitee Meeting 17-18 May 2007, İstanbul 1 Crude steel production

More information

and the World Market for Wine The Central Valley is a Central Part of the Competitive World of Wine What is happening in the world of wine?

and the World Market for Wine The Central Valley is a Central Part of the Competitive World of Wine What is happening in the world of wine? The Central Valley Winegrape Industry and the World Market for Wine Daniel A. Sumner University it of California i Agricultural l Issues Center January 5, 211 The Central Valley is a Central Part of the

More information

Industry Advisory Panel Item 4c Trade of Stainless Steel Scrap

Industry Advisory Panel Item 4c Trade of Stainless Steel Scrap Industry Advisory Panel Item 4c Trade of Stainless Steel Scrap Lisbon Tuesday 22 April 2008 Sven Tollin Chief Statistician 1 Stainless Steel Waste & Scrap Comparison calendar with Except Kazakhstan only

More information

Asian Bitumen Supply/Demand Update. Seah Siew Hua Argus Media November 2009, Singapore

Asian Bitumen Supply/Demand Update. Seah Siew Hua Argus Media November 2009, Singapore Asian Bitumen Supply/Demand Update Seah Siew Hua Argus Media November 2009, Singapore Contents Asian supply and demand balance High demand growth countries Key exporting countries Country by country balance

More information

EMBARGO TO ON FRIDAY 16 SEPTEMBER. Scotch Whisky Association. Exports of Scotch Whisky; Year to end of June 2016 (2016 H1)

EMBARGO TO ON FRIDAY 16 SEPTEMBER. Scotch Whisky Association. Exports of Scotch Whisky; Year to end of June 2016 (2016 H1) EMBARGO TO 00.01 ON FRIDAY 16 SEPTEMBER Scotch Whisky Association Exports of Scotch Whisky; Year to end of June 2016 (2016 H1) VOLUME UP 3.1% to 531 MILLION bottles VALUE DOWN SLIGHTLY BY 1.0% TO 1.70

More information

THE GLOBAL PULSE MARKETS: recent trends and outlook

THE GLOBAL PULSE MARKETS: recent trends and outlook THE GLOBAL PULSE MARKETS: recent trends and outlook CICILS/IPTIC 2004 CONVENTION 10-12 12 June 2004 Beijing, China Boubaker BENBELHASSEN Commodities and Trade Division United Nations Food and Agriculture

More information

Consistently higher production and more exportable supplies from Thailand are major factors in the decline in world rice prices in 2014 and continued

Consistently higher production and more exportable supplies from Thailand are major factors in the decline in world rice prices in 2014 and continued Rice Consistently higher production and more exportable supplies from Thailand are major factors in the decline in world rice prices in 2014 and continued lower levels over the next ten years. Part of

More information

Milk and Milk Products: Price and Trade Update

Milk and Milk Products: Price and Trade Update Milk and Milk Products: Price and Trade Update June 217 * International dairy prices The FAO Dairy Price Index averaged 29 points in June, up 16 points (8.3 percent) from January 217 and 71 points (51.5

More information

Milk and Milk Products. Price and Trade Update: October

Milk and Milk Products. Price and Trade Update: October October Milk and Milk Products Price and Trade Update Weekly Newsletter Milk and Milk Products Price and Trade Update: October 1 INTERNATIONAL PRICES: Weak import demand causes prices to fall International

More information

WORLD SPICE CONGRESS 2010 Black & White Pepper Crop Report. Harris Freeman & Co.

WORLD SPICE CONGRESS 2010 Black & White Pepper Crop Report. Harris Freeman & Co. WORLD SPICE CONGRESS 2010 Black & White Pepper Crop Report Harris Freeman & Co. 1 The Past BLACK & WHITE PEPPER CROP REPORT A 5-Year PERSPECTIVE 5 year Supply & Demand statistics Factors Affecting Supply

More information

Export market trends and outlook

Export market trends and outlook Export market trends and outlook Much better! 28 th July 2017 Tim Hunt General Manager Food & Agribusiness Research Rabobank Food & Agribusiness Research Rabobank s unique global team of 90 analysts supporting

More information

MBR s OCTG and Linepipe Market Overview MBR s Steel & and Ferro-silicon Outlook Market Analysis & Outlook

MBR s OCTG and Linepipe Market Overview MBR s Steel & and Ferro-silicon Outlook Market Analysis & Outlook MBR s OCTG and Linepipe ket Overview MBR s Steel & and Ferro-silicon Outlook ket Analysis & Outlook MB s 3th International Ferro-alloys Conference AMM Tube and Pipe Conference Barcelona - 11 November 2

More information

The Development of the Pan-Pearl River Delta Region and the Interaction Between the Region and Taiwan

The Development of the Pan-Pearl River Delta Region and the Interaction Between the Region and Taiwan The Development of the Pan-Pearl River Delta Region and the Interaction Between the Region and Taiwan LIN, Yuh Jiun Associate Research Fellow, Mainland China Division, CIER This paper is divided into five

More information

TURKEY ICAC RESEARCH ASSOCIATE PROGRAM 6-16 APRIL 2009 WASHINGTON D.C./USA SOME FACTS ABOUT SOME FACTS ABOUT SOME FACTS ABOUT

TURKEY ICAC RESEARCH ASSOCIATE PROGRAM 6-16 APRIL 2009 WASHINGTON D.C./USA SOME FACTS ABOUT SOME FACTS ABOUT SOME FACTS ABOUT ICAC RESEARCH ASSOCIATE PROGRAM TURKEY - Geographically, Turkey straddles two continents, Europe in the west and Asia in the east. - The two continents are divided by Istanbul and Dardanelles straits.

More information

Tuna Trade. Fatima Ferdouse

Tuna Trade. Fatima Ferdouse Tuna Trade Fatima Ferdouse HIGHLIGHTS East Asia is the world s largest processing and exporting region for canned tuna. Producing countries in the region also depend on imported raw materials The fluctuating

More information

Milk and Milk Products. Price and Trade Update. Weekly Newsletter. Milk and Milk Products. Price and Trade Update: April

Milk and Milk Products. Price and Trade Update. Weekly Newsletter. Milk and Milk Products. Price and Trade Update: April April Milk and Milk Products Price and Trade Update Weekly Newsletter Milk and Milk Products Price and Trade Update: April 1 PRICES: Remain depressed International dairy product prices began the year at

More information

Trade Integration and Method of Payments in International Transactions

Trade Integration and Method of Payments in International Transactions Trade Integration and Method of Payments in International Transactions Veysel Avşar College of Business - TAMUCC & Alexis Habiyaremye Human Sciences Research Council Cape Town, South Africa Introduction

More information

Dragon Fruit Market Analysis

Dragon Fruit Market Analysis Dragon Fruit Market Analysis Global Production Competition Markets Dragon Fruit in South Africa - Considerations Vietnam Mainly White Flesh Pitaya (+/- 95%) and some conversion to Red Flesh (5%+) Some

More information

Evolving Consumption Patterns and Free Trade Agreements: Impacts on Global Wine Markets by 2020

Evolving Consumption Patterns and Free Trade Agreements: Impacts on Global Wine Markets by 2020 Evolving Consumption Patterns and Free Trade Agreements: Impacts on Global Wine Markets by 2020 Kym Anderson University of Adelaide and Australian National University kym.anderson@adelaide.edu.au Glyn

More information

Update on ASEAN Steel Industry Development Scenario

Update on ASEAN Steel Industry Development Scenario 2016 ASEAN Iron and Steel Sustainability Forum Update on ASEAN Steel Industry Development Scenario Presented by: TAN AH YONG Secretary General South East Asia Iron and Steel Institute (SEAISI) CONTENTS:

More information

2016 China Dry Bean Historical production And Estimated planting intentions Analysis

2016 China Dry Bean Historical production And Estimated planting intentions Analysis 2016 China Dry Bean Historical production And Estimated planting intentions Analysis Performed by Fairman International Business Consulting 1 of 10 P a g e I. EXECUTIVE SUMMARY A. Overall Bean Planting

More information

MARCOS S. JANK. JAPAN BRAZIL Bilateral Dynamics and Partnership in the Agri-Food Sector

MARCOS S. JANK. JAPAN BRAZIL Bilateral Dynamics and Partnership in the Agri-Food Sector MARCOS S. JANK JAPAN BRAZIL Bilateral Dynamics and Partnership in the Agri-Food Sector JAPAN-BRAZIL BUSINESS COUNCIL Tokyo, Japan 24 th July 2018 Japan and Brazil Competitive Advantages in the Agri-Food

More information

China: Opportunities & Challenges for Produce from South America. Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant

China: Opportunities & Challenges for Produce from South America. Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant China: Opportunities & Challenges for Produce from South America Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant Agenda A Little Background: China s Economy Overview Setting the

More information

Taiwan Fishery Trade: Import Demand Market for Shrimps. Bith-Hong Ling

Taiwan Fishery Trade: Import Demand Market for Shrimps. Bith-Hong Ling International Symposium Agribusiness Management towards Strengthening Agricultural Development and Trade III : Agribusiness Research on Marketing and Trade Taiwan Fishery Trade: Import Demand Market for

More information

Coffee Market Outlook

Coffee Market Outlook Coffee Market Outlook 15 th Asia International Coffee Conference Ho Chi Minh City, Vietnam 7-9 December 2009 Néstor Osorio Executive Director ICO composite indicator price Monthly: January 2000 to November

More information

CORRELATING FORCES: THE ROLE OF PREMIUM AND SUSTAINABLE IN DRIVING GROWTH WITHIN CHOCOLATE CONFECTIONERY ALAN ROWNAN ICCO 2016

CORRELATING FORCES: THE ROLE OF PREMIUM AND SUSTAINABLE IN DRIVING GROWTH WITHIN CHOCOLATE CONFECTIONERY ALAN ROWNAN ICCO 2016 CORRELATING FORCES: THE ROLE OF PREMIUM AND SUSTAINABLE IN DRIVING GROWTH WITHIN CHOCOLATE CONFECTIONERY ALAN ROWNAN ICCO 2016 ABOUT EUROMONITOR INTERNATIONAL About Euromonitor International Euromonitor

More information

Major California Agricultural Exports to the Top Destinations in 1999* (1) Canada Rank Approximate Export Value (millions)

Major California Agricultural Exports to the Top Destinations in 1999* (1) Canada Rank Approximate Export Value (millions) (1) Canada Rank Approximate Export Value (millions) Table Grapes 1 119 Tomatoes, Processed 2 115 Lettuce 3 102 Wine 4 84 Strawberries 5 78 Carrots 6 50 Tomatoes, Fresh 7 43 Peaches/Nectarines 8 42 Broccoli

More information

Marketing of aluminum bottle November 12, 2013 Hiroshi UENO General Manager of Marketing Div. Universal Can Corporation

Marketing of aluminum bottle November 12, 2013 Hiroshi UENO General Manager of Marketing Div. Universal Can Corporation Marketing of aluminum bottle November 12, 2013 Hiroshi UENO General Manager of Marketing Div. Universal Can Corporation Copyright Universal Can Corporation Contents Our company profile Metal bottle market

More information

Global Rum Market Insights, Forecast to 2025

Global Rum Market Insights, Forecast to 2025 Report Information More information from: https://www.wiseguyreports.com/reports/3652945-global-rum-market-insights-forecast-to-2025 Global Rum Market Insights, Forecast to 2025 Report / Search Code: WGR3652945

More information

Trade Economics of Olives and Olive Oil: Data and Issues. Sacramento Valley Olive Day. Orland, July 6, 2018

Trade Economics of Olives and Olive Oil: Data and Issues. Sacramento Valley Olive Day. Orland, July 6, 2018 Trade Economics of Olives and Olive Oil: Data and Issues Sacramento Valley Olive Day Orland, July 6, 2018 Daniel A. Sumner and William A. Matthews University of California Agricultural Issues Center Motivation,

More information

The global wine market

The global wine market South Africa in the Global Wine Market: Tell me about it! VinPro Information Day, January 2014 The global wine market A macro context 1 Global inventories achieving balance Production, consumption and

More information

2017 U.S. DISTILLERS GRAINS EXPORTS

2017 U.S. DISTILLERS GRAINS EXPORTS 217 U.S. DISTILLERS GRAINS EXPORTS 14, Annual U.S. Distillers Grains Exports 12, 12,695 1, 8, 6, 4, 2, 2,358 4,532 5,651 9,5 7,676 7,421 9,67 11,284 11,314 11,77 U.S. exports of distillers grains (DG)

More information

Brazil Milk Cow Numbers and Milk Production per Cow,

Brazil Milk Cow Numbers and Milk Production per Cow, TABLE OF CONTENTS 1. Brazil 1.1. Brazil Milk Market Introduction 1.1.1. Brazil Cow Milk Market Production and Fluid Milk Consumption by Volume, 1.1.2. Brazil Milk Cow Numbers and Milk Production per Cow,

More information

Deliveries to dairies 198/86 GENERAL AGREEMENT ON TARIFFS AND TRADE. Consurption of fresh milk (including exports) 1985/86. Industrial uses 1985/86

Deliveries to dairies 198/86 GENERAL AGREEMENT ON TARIFFS AND TRADE. Consurption of fresh milk (including exports) 1985/86. Industrial uses 1985/86 GENERAL AGREEMENT ON TARIFFS AND TRADE RESTRICTED DPC/STAT/12/Add. 14 23 September 1986 International Dairy Arrangement INTERNATIONAL DAIRY PRODUCTS Reply to Questionnaire 4 AUSTRALIA COUNCIL (Financial

More information

World Sweet Cherry Review

World Sweet Cherry Review World Sweet Cherry Review 2017 Edition TABLE OF CONTENTS Foreword 2 Table of Contents 3 Tables 5 Charts 6 The High Variability Challenge 8 I. World Production of Sweet Cherries 14 Erratic Rise in World

More information

W or ld Cocoa and CBE mar kets. Presentation to Global Shea 2013 By Richard Truscott, LMC International, Oxford, UK

W or ld Cocoa and CBE mar kets. Presentation to Global Shea 2013 By Richard Truscott, LMC International, Oxford, UK W or ld Cocoa and CBE mar kets Presentation to Global Shea 2013 By Richard Truscott, LMC International, Oxford, UK www.lmc.co.uk Outline The use of CBEs Chocolate and CBE demand trends Cocoa production

More information

TOPIC 12. Motivation for Trade. Tuesday, March 27, 12

TOPIC 12. Motivation for Trade. Tuesday, March 27, 12 TOPIC 12 Motivation for Trade BIG PICTURE How significant is world trade to the global economy? Why does trade occur and what are the theoretical benefits of trade? How can we motivate prices in international

More information

UNDERSTANDING CHINA: THE PECAN EXPORT MARKET & TOTAL CONSUMPTION

UNDERSTANDING CHINA: THE PECAN EXPORT MARKET & TOTAL CONSUMPTION UNDERSTANDING CHINA: THE PECAN EXPORT MARKET & TOTAL CONSUMPTION INSHELL PECAN IMPORTS BY CHINA UNITED STATES SOUTH AFRICA MEXICO U.S. INSHELL AND PECAN KERNEL EXPORTS TO CHINA (MT) (12 Month Comparison:

More information

Global Hot Dogs Market Insights, Forecast to 2025

Global Hot Dogs Market Insights, Forecast to 2025 Report Information More information from: https://www.wiseguyreports.com/reports/3366552-global-hot-dogs-market-insights-forecast-to-2025 Global Hot Dogs Market Insights, Forecast to 2025 Report / Search

More information

Name: Global 10 Section. Global Regents Packet 7. Movement of People and Goods

Name: Global 10 Section. Global Regents Packet 7. Movement of People and Goods Name: Global 10 Section Global Regents Packet 7 Movement of People and Goods Theme: MOVEMENT MIGRATION: TRADE The movement of peoples People move because: o 1) rights are being denied (Jews from Egypt,

More information

Food Additive Produced by IAR Team Focus Technology Co., Ltd

Food Additive Produced by IAR Team Focus Technology Co., Ltd Food Additive 2012.03 Produced by IAR Team Focus Technology Co., Ltd Contents 1. 2009-2011 Chinese Citric Acid Export Data Analysis... 3 2009-2011 Major Importers of Chinese Citric Acid...4 2. 2009-2011

More information

Part 1: California Ag Exports Main Points From 2008 to 2009 California agricultural exports declined about 5 percent.

Part 1: California Ag Exports Main Points From 2008 to 2009 California agricultural exports declined about 5 percent. The Importance of California Agricultural Exports: Situation, Outlook and Policy Prospects, with emphasis on the Korea Free Trade Agreement California Fresh Carrot Advisory Board 11 Research hsymposium

More information

Global Mug Cup Market Research Report 2016

Global Mug Cup Market Research Report 2016 Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > Global Mug Cup Market Research Report 2016 Global Mug Cup Market Research Report 2016 Publication ID: QYR081616435

More information

World Yoghurt Market Report

World Yoghurt Market Report World Yoghurt Market Report 2000-2020 Price: 1,800 /$2,200 The report contains 330 pages of valuable information Analysis of the current market situation and future possibilities in all regions of the

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade Million MT United States Department of Agriculture Foreign Agricultural Service December 21 Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade 21/11 Forecast: World Apple Trade Declines;

More information

Market Brief for Asia Fruit Logistica. Hong Kong & Macau, Makret Dynamic Markets for U.S. Exports

Market Brief for Asia Fruit Logistica. Hong Kong & Macau, Makret Dynamic Markets for U.S. Exports Market Brief for Asia Fruit Logistica Hong Kong & Macau, Makret Dynamic Markets for U.S. Exports September 5, 2017 1 USDA Foreign Agricultural Service (FAS) - ATO Hong Kong - FAS offices are staffed by

More information

World sugar market. Platts/Kingsman EU conference Geneva 14th of April Benoît Boisleux

World sugar market. Platts/Kingsman EU conference Geneva 14th of April Benoît Boisleux World sugar market Platts/Kingsman EU conference Geneva 14th of April 215 Benoît Boisleux One year evolution of world prices NY 11 (2 nd month continuation) Cts/lb 2 Kingsman EU conf 8 April 214 NY 2nd

More information

World Cocoa and CBE markets. Presentation to Global Shea 2014 By Owen Wagner, LMC International, Raleigh, NC

World Cocoa and CBE markets. Presentation to Global Shea 2014 By Owen Wagner, LMC International, Raleigh, NC World Cocoa and CBE markets Presentation to Global Shea 214 By Owen Wagner, LMC International, Raleigh, NC www.lmc.co.uk Outline Background to the chocolate and CBE markets Chocolate and CBE demand trends

More information

WINE EXPORTS. February Nadine Uren. tel:

WINE EXPORTS. February Nadine Uren. tel: WINE EXPORTS February 2012 Nadine Uren tel: +27 21 807 5707 e-mail: nadine@sawis.co.za OVERVIEW OF WINE EXPORTS HIGHLIGHTS Exports as a percentage of wine production decreased from 48.5% in 2010 to 43.2%

More information

China s Export of Key Products of Pharmaceutical Raw Materials

China s Export of Key Products of Pharmaceutical Raw Materials China s Export of Key Products of Pharmaceutical Raw Materials During the period of the 62nd API China& INTERPHEX CHINA, China Pharmaceutical Industry Association released its annual Report on Analysis

More information

2018 World Vitiviniculture Situation. OIV Statistical Report on World Vitiviniculture

2018 World Vitiviniculture Situation. OIV Statistical Report on World Vitiviniculture 2018 World Vitiviniculture Situation OIV Statistical Report on World Vitiviniculture Introduction This report has been prepared by the Statistics department of the International Organisation of Vine and

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade June 21 APPLES Record Production but Trade Estimate Revised Downward The world production estimate for 29/1 is virtually unchanged

More information

In 2017, the value of Scotch Whisky exports reached a record 4.37 billion.

In 2017, the value of Scotch Whisky exports reached a record 4.37 billion. SCOTCH WHISKY 2017 EXPORT ANALYSIS #WHISKYFORTHEWORLD www.scotch-whisky.org.uk " In 2017, the value of Scotch Whisky exports reached a record 4.37 billion. To put this into perspective, more Scotch Whisky

More information

Monthly Economic Letter U.S. and Global Market Fundamentals

Monthly Economic Letter U.S. and Global Market Fundamentals Monthly Economic Letter U.S. and Global Market Fundamentals August 2012 www.cottoninc.com After trading within relatively narrow bands throughout July, New York futures moved higher in early August, with

More information

European Vitamin B9 (Folic Acid) Industry 2016 Market Research Report

European Vitamin B9 (Folic Acid) Industry 2016 Market Research Report Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > European Vitamin B9 (Folic Acid) Industry 2016 Market Research Report European Vitamin B9 (Folic Acid) Industry

More information

Global Champagne Industry 2015 Market Research Report

Global Champagne Industry 2015 Market Research Report Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > Global Champagne Industry 2015 Market Research Report Global Champagne Industry 2015 Market Research Report Publication

More information

MARKETING WINE: DEVELOPING NEW MARKETS IN ASIA

MARKETING WINE: DEVELOPING NEW MARKETS IN ASIA MARKETING WINE: DEVELOPING NEW MARKETS IN ASIA MARKETING WINE: DEVELOPING NEW MARKETS IN ASIA GEOGRAPHY OF MARKETS IN ASIA INDIA CHINA HONG KONG MACAO THAILAND VIETNAM SINGAPORE MALAYSIA SOUTH KOREA TAIWAN

More information

Monthly Economic Letter

Monthly Economic Letter Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT NY futures experienced volatility recently, with the net effect being a slight increase in prices. The A Index also

More information

World of sugar PAGE 54

World of sugar PAGE 54 World of sugar More than 1 countries produce sugar, about 8% of which is made from sugar cane grown primarily in the tropical and sub-tropical zones of the southern hemisphere, and the balance from sugar

More information

Global sparkling wine market trends. June Peter Bailey. Manager - Market Insights. Wine Australia

Global sparkling wine market trends. June Peter Bailey. Manager - Market Insights. Wine Australia Global sparkling wine market trends June 2018 Peter Bailey Manager - Market Insights Wine Australia Presentation Outline 1. Who are the biggest sparkling wine producers? 2. Where are the biggest markets?

More information

ICC September 2018 Original: English. Emerging coffee markets: South and East Asia

ICC September 2018 Original: English. Emerging coffee markets: South and East Asia ICC 122-6 7 September 2018 Original: English E International Coffee Council 122 st Session 17 21 September 2018 London, UK Emerging coffee markets: South and East Asia Background 1. In accordance with

More information

Market Brief for Seafood Expo Asia. Hong Kong & Macau, Makret Dynamic Markets for U.S. Exports

Market Brief for Seafood Expo Asia. Hong Kong & Macau, Makret Dynamic Markets for U.S. Exports Market Brief for Seafood Expo Asia Hong Kong & Macau, Makret Dynamic Markets for U.S. Exports September 4, 2017 1 USDA Foreign Agricultural Service (FAS) - ATO Hong Kong - FAS offices are staffed by Foreign

More information

SINGAPORE. Summary Table: Import of Fresh fruits and Vegetables in Fresh fruit and Vegetables Market Value $000 Qty in Tons

SINGAPORE. Summary Table: Import of Fresh fruits and Vegetables in Fresh fruit and Vegetables Market Value $000 Qty in Tons SINGAPORE A. MARKET FOR FRESH FRUIT AND VEGETABLES 1. Market Trend and Opportunities Summary Table: Import of Fresh fruits and Vegetables in Fresh fruit and Vegetables Market Products/ Other Info. Product

More information

Vegetable Spotlight Broccoli

Vegetable Spotlight Broccoli Vegetable Spotlight Broccoli Summary Broccoli is Australia s 10 th largest vegetable crop in terms of value, accounting for 3.4% of total vegetable production with a gross value of $101.2 million in 2008/09.

More information

Asian Containerboard Markets

Asian Containerboard Markets Asian Containerboard Markets An Update on China: The Changes Keep Coming International Containerboard Conference November 2018 Beth Lis Vice President, Asian Paper & Packaging Beth Lis VP Asian Paper &

More information

Global Grape Report JUI CE P RODU C TS A S SOCI ATION FA L L BU S I N ESS M E E TING N OV E MBER 5,

Global Grape Report JUI CE P RODU C TS A S SOCI ATION FA L L BU S I N ESS M E E TING N OV E MBER 5, Global Grape Report JUICE PRODUCTS ASSOCIATION 2017 FALL BUSINESS MEETING NOVEMBER 5, 2017 DEDICATED BROKERS IN 8 COUNTRIES GLOBALLY BASED TO BUILD YOUR BUSINESS WORLDWIDE INTRODUCTION Ciatti Co 8 Regional

More information

John Culver. group president, Global Retail

John Culver. group president, Global Retail John Culver group president, Global Retail Starbucks has delivered strong growth globally GLOBAL RETAIL CONSOLIDATED REVENUE USD BILLIONS OPERATING INCOME USD BILLIONS CAGR 12% CAGR 17% $13.0 $18.5 $2.8

More information

J / A V 9 / N O.

J / A V 9 / N O. July/Aug 2003 Volume 9 / NO. 7 See Story on Page 4 Implications for California Walnut Producers By Mechel S. Paggi, Ph.D. Global production of walnuts is forecast to be up 3 percent in 2002/03 reaching

More information

Three-month sales April 20, 2017 Nestlé three-month sales 2017

Three-month sales April 20, 2017 Nestlé three-month sales 2017 Three-month sales 2017 1 Disclaimer This presentation contains forward looking statements which reflect Management s current views and estimates. The forward looking statements involve certain risks and

More information

Outlook for the World Coffee Market

Outlook for the World Coffee Market Outlook for the World Coffee Market 8 th AFRICAN FINE COFFEE CONFERENCE & EXHIBITION 17 to 19 February 2011 Arusha, Tanzania José Sette Executive Director a.i. 225 ICO composite indicator price Monthly:

More information

Wine Economics Research Centre Wine Policy Brief No. 6

Wine Economics Research Centre Wine Policy Brief No. 6 Wine Economics Research Centre Wine Policy Brief No. 6 How much have exchange rate movements reduced competitiveness of Australian wines? Kym Anderson and Glyn Wittwer Wine Economics Research Centre School

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

Three-month Sales April 18, 2019 Nestlé three-month sales 2019

Three-month Sales April 18, 2019 Nestlé three-month sales 2019 Three-month Sales 2019 1 Disclaimer This presentation contains forward looking statements which reflect Management s current views and estimates. The forward looking statements involve certain risks and

More information

Australian wine: Production, sales and inventory

Australian wine: Production, sales and inventory Wine Australia providing insights on Australian Wine Australian wine: Production, sales and inventory 2016 17 January 2018 Key takeaways The 2017 vintage saw historically high production for the second

More information

Opportunities for EU Sugar Post-2017

Opportunities for EU Sugar Post-2017 Opportunities for EU Sugar Post-2017 Lindsay Jolly Senior Economist Structure of the Presentation - The possible impact of the EU quota abolition in 2017 - Price scenarios and changes to the EU sugar balance

More information

Uruguay Cow Milk Market Production and Fluid Milk Consumption by Volume,

Uruguay Cow Milk Market Production and Fluid Milk Consumption by Volume, TABLE OF CONTENTS 1. Uruguay 1.1. Uruguay Milk Market Introduction 1.1.1. Uruguay Cow Milk Market Production and Fluid Milk Consumption by Volume, 1.1.2. Uruguay Milk Cow Numbers and Milk Production per

More information

Bearing Produced by IAR Team Focus Technology Co., Ltd.

Bearing Produced by IAR Team Focus Technology Co., Ltd. Bearing 2013.06 Produced by IAR Team Focus Technology Co., Ltd. Contents 1. Bearing Industry Exports of 2012... 3 1.1. China Bearing Industry Export Classification Tables of 2012... 3 1.2. China Ball or

More information

International Trade CHAPTER 3: THE CLASSICAL WORL OF DAVID RICARDO AND COMPARATIVE ADVANTAGE

International Trade CHAPTER 3: THE CLASSICAL WORL OF DAVID RICARDO AND COMPARATIVE ADVANTAGE International Trade CHAPTER 3: THE CLASSICAL WORL OF DAVID RICARDO AND COMPARATIVE ADVANTAGE INTRODUCTION The Classical economist David Ricardo introduced the comparative advantage in The Principles of

More information

China Wine Market Seminar

China Wine Market Seminar China Wine Market Seminar Opportunities and Challenges for Italian Wine Speaker: Sophie Liu Jan 22 nd 2018 Promofirenze@ Florence Sophie Liu 刘慧 Founder of Shanghai Vinosophie Culture Communication Co.

More information