Why should world's insecticides exporters prefer no.14 Viet Nam instead of no.8 Italy? Blog-98.
'The best way to predict the future is to create it.'
By Dr. Lade Vedkumar.
For the first time, we are introducing an innovative concept for export generation.
Is it possible to predict product wise future export figures?
Can we forecast the size of the growing/bearish market?
Does that help you, if you know the future export size of your competing countries?
Yes, we are masters in these super specialty segments...
This is a product specific marketing in emerging, rather growing markets.
Many high growth products have magnificent potential in developed, developing or undeveloped countries.
We need to redefine the marketing strategy.
There should be aggressive marketing of a specific product in a rapidly expanding market.
In a neutral market simple marketing is going to work.
Global exports of Chemicals will increase from $821.3 billion to $1.2 trillion by 2021 to 2025.
Why should world's insecticides exporters prefer no.14 Viet Nam instead of no.8 Italy?
(Share this wisdom)
#chemical #exports #world #insecticides
The world market for Insecticides will increase from $35.1 billion to $54.9 billion by 2021-2025.
1) The import market for Insecticide in Viet Nam will grow from $774.8 million to $1.7 billion by 2021 to 2025.
HS code 3808 Insecticides, rodenticides, fungicides, herbicides.
Important note:
Best results can be found in the countries having larger value difference between 2021 export and prospects of 2025.
As per above note, Viet Nam will create additional insecticide import space of $925.2 million.
Why will Vietnamese insecticide import market increase?
Is it important to understand the wisdom of the above question?
Yes of course, You must always have an eagle eye on competing suppliers in that particular market. Here, the destination market is Viet Nam.
Three competing nations in the Viet Nam market will be China, India and United States of America. Considering the criteria of larger difference between the 2021 exports and prospects by 2025.
This represents the average export values of below countries insecticide to Viet Nam.
China:
2021: $326.5 million dollars,
2025: $740.0 million dollars.
India:
2021: $78.7 million dollars,
2025: $297.1 million dollars.
United States of America:
2021: $8.0 million dollars,
2025: $94.5 million dollars.
Singapore:
2021: $49.0 million dollars,
2025: $42.7 million dollars.
Singapore insecticide exports will decline in Viet Nam by 2021-25.
2) The Italy import market will increase from $764.9 million to $1.1 billion by 2021-25.
Italy will create additional insecticide import space of $335.1 million.
Who will be Italy's insecticide import market competitors?
Three competing countries in the Italy market will be Germany, France and China.
These are average export values of below countries insecticide in Italy.
Germany:
2021: $166.0 million dollars,
2025: $233.0 million dollars.
France:
2021: $225.9 million dollars,
2025: $288.0 million dollars.
China:
2021: $4.8 million dollars,
2025: $54.0 million dollars.
United Kingdom:
2021: $61.8 million dollars,
2025: $46.1 million dollars.
The United Kingdom's export of Insecticide will decline in Italy by $15.7 mn for the year 2021-25.
Interesting Comparison:
Comparison of countries having larger value difference between 2021 export and prospects of 2025 Vs countries with smaller value difference between 2021-25.
Viet Nam +925.2 mn Vs Italy +335.1 mn (relatively saturated market in the next 5 years)
"Now consider the scenario where you are not familiar with the above insight. Even though you are efficiently marketing in Italy and simply marketing in Viet Nam. You don't grow in both scenarios. If you have the complete insight. You can generate additional export revenue at a great pace"
That's the 'Power of Knowledge'
Insecticide Top Importing Sub-Regions, By 2021-2025?
EU & West Europe:
2021: $12.5 bn,
2025: $17.6 bn.
We have mentioned two countries in the above country wise valuable insight.
Yet the rest of top countries contribute $54.9 bn of Insecticide additional import demand by 2021-25.
As I always say.
'The best prospects are hidden in the next five years statistic'
Exclusive conclusion:
Insecticide export market needs aggressive marketing in Viet Nam and other fast-growing markets. In saturated markets, simple marketing will work.
We can offer an exclusive written report or we can deliver a workshop preferably to the Chemical association or companies.
What's in it for me in the report/workshop?
What will be the most amazing countries contributing $54.9 bn enormous insecticide import demand?
Why will the largest Insecticide importer market increase from $3.1 bn to $4.8 bn by 2021-25?
Why should insecticide exporters favour Brazil over France?
Why should insecticide exporters prefer no.5 USA instead of no.3 Germany?
What will be your country specific Insecticide top export markets by 2021-25?
The Post Covid era has drastically changed the demand and supply equation of most countries. It's surprising to see the creation of new demand in unexpected countries.
We are capable of demonstrating below product insights.
First six digits indicate HS code.
1. HS code 382200 Diagnostic/laboratory reagents
Why should reagent exporters prefer no.3 China instead of no.2 Germany?
Why will the biggest reagent importing market increase from $3.3 bn to $4.8 bn?
What will be the top countries contributing $40.4 billion of magnificent reagent import demand by 2021-25?
2. 290243 P-Xylene
Why should P-Xylene exporters prefer no.3 Indonesia instead of no.2 Taiwan?
Why will the biggest P-Xylene importing market increase from $13.1 bn to $23.5 bn?
What will be the top countries contributing $30.8 billion of enormous P-Xylene import demand by 2021-25?
3. 381800 Chemical elements & compounds doped for use in electronics.
Why should chemical compound exporters prefer no.3 China instead of no.2 South Korea?
Why will the biggest chemical compound importing market increase from $2.8 bn to $4.6 bn?
What will be the top countries contributing $22.3 billion of large chemical compound import demand by 2021-25?
4. 340220 Surface-active, washing, auxiliary washing & cleaning preparations.
Why should surface cleaner exporters prefer no.3 UK instead of no.2 Canada?
Why should surface cleaner exporters prefer no.11 China instead of no.4 France?
Why will the biggest surface cleaner importing market increase from $1.4 bn to $1.8 bn?
What will be the top countries contributing $20.1 billion of big import demand of surface cleaner by 2021-25?
5. 281820 Aluminium oxide.
Why should Aluminium oxide exporters prefer no.6 China instead of no.3 UAE?
Why will the biggest Aluminium oxide importing market increase from $1.4 bn to $1.8 bn?
What will be the top countries contributing $15.8 billion of good import demand of Aluminium oxide, by 2021-25?
6. 290250 Styrene.
Why should Styrene exporters prefer no.5 South Korea instead of no. 3 Mexico?
Why will the biggest Styrene importing market increase from $3.6 bn to $6.3 bn?
What will be the top countries contributing $16.7 billion of vast import demand of Styrene by 2021-25?
7. 290531 Ethylene glycol "ethanediol"
Why should ethanediol exporters prefer no.3 India instead of no.2 USA?
Why will the biggest ethanediol importing market increase from $5.6 bn to $9.5 bn?
What will be the top countries contributing $15.0 billion of immense import demand ethanediol by 2021-25?
8. 290511 Methanol "methyl alcohol"
Why should Methanol exporters prefer no.4 India instead of no.2 USA?
Why will the biggest Methanol importing market increase from $2.0 bn to $3.9 bn?
What will be the top countries contributing $13.8 billion of massive import demand of Methanol by 2021-25?
9. 381512 Supported catalysts, precious metal as the active substance.
Why should catalysts exporters prefer no.4 China instead of no.3 Czechia?
Why will the biggest catalysts importer market increase from $2.0 bn to $2.7 bn?
What will be the top countries contributing $13.7 billion of giant import demand of catalysts by 2021-25?
10. 381121 Prepared additives for oil lubricants containing petroleum/bituminous mineral oil.
Why should additives exporters prefer no.4 Germany instead of no.3 Belgium?
Why will the biggest additives importing market increase from $925.5 mn to $2.0 bn?
What will be the top countries contributing $13.6 billion of epic import demand of additives by 2021-25?
11. 290121 Ethylene.
Why should Ethylene exporters prefer no.6 Taiwan instead of no.5 Netherlands?
Why will the biggest Ethylene importing market increase from $2.3 bn to $4.1 bn?
What will be the top countries contributing $10.5 billion of mega import demand of Ethylene by 2021-25?
12. 320611 Pigments & preparations containing >=80% titanium dioxide.
Why should titanium dioxide exporters prefer no.4 China instead of no.2 Germany?
Why will the biggest titanium dioxide importer market increase from $571.5 mn to $1.0 bn?
What will be the top countries contributing $11.3 billion of gigantic import demand titanium dioxide by 2021-25?
13. 350691 Adhesives based on polymers/rubber
Why should Adhesives exporters prefer no.9 Viet Nam instead of no.2 Germany?
Why will the biggest Adhesives importer market increase from $1.1 bn to $2.2 bn?
What will be the top countries contributing $11.1 billion of heavy import demand of Adhesives by 2021-25?
14. 290122 Propene "propylene"
Why should Propene exporters prefer China instead of Germany?
Why will the biggest Propene importing market increase from $2.7 bn to $4.8 bn?
What will be the top countries contributing $10.2 billion of great import demand to the Propene by 2021-25?
15. 292249 Amino-acids, esters & salts.
Why should Amino-acids exporters prefer no.4 Panama instead of no.3 USA?
Why will the biggest Amino-acids importing market increase from $2.3 bn to $2.7 bn?
What will be the top countries contributing $10.2 billion of colossal import demand of Amino-acids by 2021-25?
16. 290220 Benzene.
Why should Benzene exporters prefer no.6 Saudi Arabia instead of no.4 Belgium?
Why will the biggest Benzene importing market increase from $1.6 bn to $2.8 bn?
What will be the top countries contributing $9.5 billion of tremendous import demand of Benzene by 2021-25?
Note: All the values are in an USA dollar. Prices may vary as per the market demand and dollar value fluctuation. 2021's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above insight as it is standard protocol HS code.
Email:
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration June 2021.
© 2021-25 Future Export Vision.
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