The document summarizes global and regional trade in sauces and mixed condiments. Globally, $8.1 billion was spent on imports in 2009, with the top markets being the UK, US, France, Germany, and Canada. For CARICOM, imports increased from $18 million in 2001 to over $27 million in 2009, while exports grew from $16 million to $34 million over the same period. The top CARICOM exporter is now Belize, followed by Jamaica and Trinidad & Tobago. Nigeria surpassed the US to become the main export market, accounting for over 1/3 of CARICOM sales. The document examines opportunities and challenges for CARICOM firms in this growing global industry.
Fortified Wine in Emerging Markets to 2015: Market GuideReportLinker.com
SynopsisCanadean's, "Fortified Wine in Emerging Markets to 2015: Market Guide" provides in-depth detail on the trends and drivers of the Fortified Wine market in Emerging Markets. The report includes quantitative information (historic and forecast market values).The report provides data, analyses and opinion to help companies in the Alcoholic Drinks industry better understand the changes in their environment, seize opportunities and formulate crucial business strategies.SummaryThis report is the result of Canadean's extensive market research covering the Fortified Wine market in Emerging Markets. The report provides a top-level overview and detailed insight into the operating environment for the Fortified Wine market in Emerging Markets. It is an essential tool for companies active across the Alcoholic Drinks value chain and for new players that are considering entering the market.Scope' Overview of the Fortified Wine market in Emerging Markets. ' Analysis of the Fortified Wine market and its categories (where applicable), including full year 2010 consumption value and forecasts until 2015' Historic and forecast consumption values for Fortified Wine for the period 2006 through to 2015Reasons
This presentation explained the competitive advantages between various Wine making countries. Our group conducted SWOT, Porters 5 forces on the industry, and also recommendations for each country's goal.
GOTTES WORT ... durch Bertha Dudde.
Für die gegenwärtige Zeit sind aus christlicher Sicht die Offenbarungen durch Bertha Dudde hochaktuell. Zeitgeist und Weltgeschehen bestätigen fast täglich die Erfüllung dieser Prophezeiungen.
— Herausgegeben von Freunden der Neuoffenbarung -Weiterführende Informationen, Bezug aller Kundgaben, CD-ROM, Bücher, Themenhefte usw. im Internet unter:
http://www.bertha-dudde.info
bzw. http://www.bertha-dudde.org
- kein copyright - Die Verbreitung der Kundgaben ist sehr erwünscht.
Es sind nur ganze Kundgaben ohne jegliche Veränderung weiterzugeben.
Sign up for one of these workshops which will be conducted by our resident subject matter experts. There is nomimal fee (payable at the camp) for some workshops to cover the cost of materials.
Fortified Wine in Emerging Markets to 2015: Market GuideReportLinker.com
SynopsisCanadean's, "Fortified Wine in Emerging Markets to 2015: Market Guide" provides in-depth detail on the trends and drivers of the Fortified Wine market in Emerging Markets. The report includes quantitative information (historic and forecast market values).The report provides data, analyses and opinion to help companies in the Alcoholic Drinks industry better understand the changes in their environment, seize opportunities and formulate crucial business strategies.SummaryThis report is the result of Canadean's extensive market research covering the Fortified Wine market in Emerging Markets. The report provides a top-level overview and detailed insight into the operating environment for the Fortified Wine market in Emerging Markets. It is an essential tool for companies active across the Alcoholic Drinks value chain and for new players that are considering entering the market.Scope' Overview of the Fortified Wine market in Emerging Markets. ' Analysis of the Fortified Wine market and its categories (where applicable), including full year 2010 consumption value and forecasts until 2015' Historic and forecast consumption values for Fortified Wine for the period 2006 through to 2015Reasons
This presentation explained the competitive advantages between various Wine making countries. Our group conducted SWOT, Porters 5 forces on the industry, and also recommendations for each country's goal.
GOTTES WORT ... durch Bertha Dudde.
Für die gegenwärtige Zeit sind aus christlicher Sicht die Offenbarungen durch Bertha Dudde hochaktuell. Zeitgeist und Weltgeschehen bestätigen fast täglich die Erfüllung dieser Prophezeiungen.
— Herausgegeben von Freunden der Neuoffenbarung -Weiterführende Informationen, Bezug aller Kundgaben, CD-ROM, Bücher, Themenhefte usw. im Internet unter:
http://www.bertha-dudde.info
bzw. http://www.bertha-dudde.org
- kein copyright - Die Verbreitung der Kundgaben ist sehr erwünscht.
Es sind nur ganze Kundgaben ohne jegliche Veränderung weiterzugeben.
Sign up for one of these workshops which will be conducted by our resident subject matter experts. There is nomimal fee (payable at the camp) for some workshops to cover the cost of materials.
Did you know that Argentina is the #1 exporter of natural honey, pears, lemon juice and soybean oil?
This publication will help you understand the Food & Beverage industry in Argentina, a leading economic sector in the country due to its available natural resources, experience and qualified human resources.
This document was produced by ProsperAr, Argentina´s Investment Development Agency.
If you need further assistance contact us at info@prosperar.gov.ar or use our website www.prosperar.gov.ar
This document contains a useful overview of Argentina´s wine industry that thru its unique terroir, tradition and innovative culture has been growing for the last decade due to the advantegous international market needs.
This document was produced by ProsperAr, Argentina´s Investment Development Agency.
If you need further assistance contact us at info@prosperar.gov.ar or use our website www.prosperar.gov.ar
The Brussels Policy Briefing n. 53 on ”The next generation of farmers: successes and new opportunities” took place on 20th November 2018 (ACP Secretariat). It was co-organised by CTA, the European Commission (DG Devco and DG Agri), the ACP Secretariat and CONCORD.
The Caribbean Community (CARICOM) is celebrating its Fortieth Anniversary as a regional integration grouping this year. July 4th 1973 consolidated the Integration Movement with the establishment of the Common Market predicated upon economic integration, functional cooperation and foreign policy coordination. A critical element of the objectives of the community is the expansion of trade intra-regionally and with third states.
Changes in the global environment that have occurred during the past forty years would have had some measure of impact on the performance of the integration movement including trade performance. This presentation serves to examine that performance. (Website - www.caricomstats.org)
Similar to OTN - Private Sector Trade Note - vol 2 2011 (20)
The Global Competitiveness Report 2014-2015, produced and published online by the World Economic Forum (WEF), assesses the competitiveness landscape of 144 economies based on a review of twelve broad factors that affect competitiveness. The twelve are the Institutional Environment; Infrastructure; Macroeconomic Environment; Health and Primary Education; Higher Education and Learning; Goods Market Efficiency; Labour Market Efficiency; Financial Market Development; Technological Readiness; Market Size; Business Sophistication; and Innovation. The report includes an assessment of the economies of Barbados, the Dominican Republic, Guyana, Haiti, Jamaica, and Trinidad and Tobago.
The 2014 Annual Report is split into three main sections. The first contains a message from the WTO Director-General. The second section provides a brief overview of 2013 and some background information on the WTO, while the third has more in-depth information.
The European Commission’s assessment of the likely benefits of the Transatlantic Trade and Investment Partnership
(TTIP) is based on analysis carried out by the Centre for Economic Policy Research, a leading
independent pan-European economic research organization. Given the significance of TTIP, this analysis
has been widely discussed in policy debates, in the press, on social media. The material provided in this
document attempts to answer some of the questions that have been raised in those contexts.
The Office of the United States Trade Representative (USTR) is responsible for the preparation of this report. U.S. Trade Representative Michael Froman gratefully acknowledges the contributions of all USTR staff to the writing and production of this report and notes, in particular, the contributions of Brittany Bauer, Colby Clark, and Michael Roberts. Thanks are extended to partner Executive Branch agencies, including the Environmental Protection Agency and the Departments of Agriculture, Commerce, Health and Human Services, Justice, Labor, State, and Treasury. In preparing the report, substantial information was solicited from U.S. Embassies around the world and from interested stakeholders. The draft of this report was circulated through the interagency Trade Policy Staff Committee. March 2014Wto2014 0918a
This guide helps businesses take advantage of the WTO Trade Facilitation Agreement. The agreement simplifies customs procedures, allowing businesses to become more competitive. This jargon-free guide explains the provisions with a focus on what businesses need to know to take advantage of the agreement. It will also help policy makers identify their needs for technical assistance to implement and monitor it. - See more at: http://www.intracen.org/wto-trade-facilitation-agreement-business-guide-for-developing-countries/#sthash.UA1o6V3G.dpuf
This Working Paper was published by United Nations University Maastricht Economic and social Research Institute on Innovation and Technology (UNU-MERIT). It seeks to provide insights about the main characteristics of innovative firms and to gather new evidence with regard to the nature of the innovation process in the Latin American and Caribbean region. This Paper analyses data from a number of CARICOM countries.
Details for persons who are interested in attending the Caribbean Festival of the Arts (CARIFESTA) scheduled for Suriname from 16-25 August 2013 under the theme “CULTURE FOR DEVELOPMENT, Celebrating our Diversity and Promoting the Central Role of Culture in Economic, Social and Human Development”
The Panel on Defining the Future of Trade was established in 2012. The Panel was mandated to: “….examine and analyse challenges to global trade opening in the 21st century” against the background of profound transformations occurring in the world economy, looking “at the drivers of today’s and tomorrow’s trade, […] at trade patterns and at what it means to open global trade in the 21st century, bearing in mind the role of trade in contributing to sustainable development, growth, jobs and poverty alleviation.” This is the Report of the Panel.
The 2013 National Trade Estimate Report on Foreign Trade Barriers (NTE), which is prepared by the United States Trade Representative (USTR), surveys significant foreign barriers to U.S. exports. Although the emphasis is on foreign barriers to U.S exports, the information in the Report is a source of useful insights with respect to research and analysis regarding a number of issues and countries including, inter alia, Canada, the Dominican Republic, India and the European Union.
1. A product of the Private Sector Outreach of the Office of Trade Negotiations (OTN), formerly the
+ CRNM
Private Sector
Trade Note
CARICOM Sauces & Mixed
Condiments Trade
GLOBAL SAUCES/MIXED CONDIMENTS somewhat between 2008 and 2009. The
TRADE OVERVIEW level of global import expenditure on
sauces/mixed condiments indicates that
Sauces/Mixed condiments1 trade is there is strong demand for these products.
another robust international business The global sauces/mixed condiments sector
opportunity for a number of reasons. This includes trade in soya sauce; tomato outturn represented a strong growth trend
industry represents what can arguably be ketchup; prepared mustard; and sauces and in import expenditure with an average
seen as one success story of value preparations/mixed increase in global spending on
condiments and
retention with the region making some seasonings. sauces/mixed condiments of 11.9% since
achievements at migrating to the higher 2001, (see figure 1 below), compared to a
value layers of production. Additionally, In 2009, US$8.1bn was spent on worldwide total global import spending increase of
exporters in this industry have been imports of sauces/mixed condiments. This 9% annually between 2001 and 2009.
accessing more non‐traditional markets,
an indicator of growing levels of In 2009, the top 10 markets for spending
internationalization. However, amidst the on imported sauces/mixed condiments
global possibilities, there are some were: the United Kingdom (US$831mn);
regional challenges which will need to be the USA (US$728mn); France (US$562mn);
addressed for the realization of the true Germany (US$456mn);
potential of the industry. Some of these Canada(US$411mn); The
challenges are detailed below. Netherlands(US$291mn);
Japan(US$259mn); Belgium(US$234mn);
Global Sauces/mixed condiments trade Australia(US$202mn); and Sweden
has exhibited significant dynamism since (US$177mn).
2001, however sales have flattened
www.crnm.org
2. The markets that exhibited the greatest whilst CARICOM economies spent importers of sauces/mixed condiments
dynamism in import expenditure on US$62.8mn on imports of these products. between 2005 and 2009 were Haiti (55%
sauces/mixed condiments between 2005 CARICOM member state’s expenditure on annual growth rate in import
and 2009 included The Philippines (62% imported sauces/mixed condiments did expenditure), Guyana (24%), and Trinidad
growth per annum‐ p.a.); Haiti (55% growth not outpace the growth in sauces/mixed & Tobago (18%).
p.a.); Algeria (51% growth p.a.); Romania condiments exports sales between 2001
(37% growth p.a.); Cambodia (32% growth and 2009. Based on mirror statistics, Belize overtook
p.a.); Ghana (32% growth p.a.); Brazil (29% Jamaica as the top sauces/mixed
growth p.a.); The Cayman Islands (25% However, the region lost international condiments exporting member state in
growth p.a.); Guatemala (23% growth p.a.); competitiveness which was reflected in an 2009 with Belizean firms generating over
Argentina (22% growth p.a.); and Trinidad expansion of the trade deficit from a third (33.9%) of regional export
and Tobago (18% growth p.a.).
Figure 1: Global Sauces/Mixed condiments Import Spending (US$bn).
In 2009, sauces and preparation and mixed 9 8.1 8.1
condiments and seasonings (HS 210390) 8
6.8
were the largest sub‐group traded globally 7
5.9
with 72% of global import sales. Tomato 6 5.4
5
ketchup (HS 210320) was the second largest 5 4.3
3.7
sub category of sauces/mixed condiments 4 3.3
etc traded in 2009 representing 20% of 3
global import sales, and soya sauce and 2
mustard accounted for the remainder of 1
global import sales. 0
2001 2002 2003 2004 2005 2006 2007 2008 2009
Between 2001 and 2009 the fastest growing
Source: TradeMAP. Retrieved January 5, 2011.
sauces/mixed condiments sub‐group was
tomato ketchup with average annual sales
growth of 11.5%. This sub group outpaced US$18mn in 2001 to over US$27mn in revenue. Other top exporters were
global merchandise import sales growth 2009 (see figure 2 below). Furthermore, Jamaica and Trinidad & Tobago who
between 2001 and 2009. This showed that between 2001 and 2009, CARICOM’s jointly with Belize accounted for 95% of
tomato ketchup could be a viable sauce/mixed condiments export sales regional sauces/mixed condiments export
international business opportunity. grew more slowly than the global import sales in 2009. Belize was the most
growth rate of these products between dynamic major regional exporter of
2001 and 2009. This shows that the region sauces/mixed condiments between 2005
CARICOM SAUCES/MIXED CONDIMENTS may have lost global market share in the and 2009, (i.e. with export sales in excess
TRADE OVERVIEW sauce/mixed condiments industry. of US$100, 000) growing export sales by
118% annually. Antigua & Barbuda was
Even though CARICOM has negligible global The Bahamas was the top CARICOM the second most dynamic CARICOM
market share, the sauces industry still has importer of sauces/mixed condiments in exporter between 2005 and 2009,
tremendous opportunity based on the 2009, spending some US$13.8mn in recording 77% growth in export sales of
dynamism in import expenditure observed import spending. Other CARICOM sauces/mixed condiments. Suriname and
between 2001 and 2009. In 2009, CARICOM member states with significant Barbados also exhibited dynamism in
sauce/mixed condiments exporters sauces/mixed condiments import sauces/mixed condiments exports
generated US$34.2mn in international sales, spending in 2009 were Jamaica between 2005 and 2009, however their
(US$9.6mn), Haiti (US$8.9mn) Trinidad export share was negligible.
and Tobago (US$8.2mn), and Barbados
(US$7.7mn). The most dynamic CARICOM
In 2009, sauces and preparation and mixed condiments and seasonings (HS
210390) was the largest sub-group traded globally with 72% of
global import sales
1
Sauces/Mixed condiments here refer to sauces, mixed condiments and mixed seasonings classified under
Harmonised Tariff System (HS) 2103. All data from the International trade Centre (ITC) tradeMAP database.
www.trademap.org . Retrieved January 5, 2011
www.crnm.org
3. top markets from which CARICOM
Figure 2: CARICOM Sauce/Mixed condiments Trade.
importers sourced sauces/mixed
120 condiments were the USA, Trinidad &
100 Tobago; The Dominican Republic; Mexico;
and Costa Rica. The USA, the Dominican
80 Republic, Mexico, Hong Kong and The
60 Netherlands gained tremendous import
share between 2001 and 2009. Again,
40 these trends show the growing
20 internationalization in the trade of
sauces/mixed condiments between 2001
0 and 2009.
2001 2002 2003 2004 2005 2006 2007 2008 2009
Import expenditure (US$mn) 34.9 34.8 35.7 37.3 43 45.8 52.9 61.6 62.8
export sales (US$mn_ 16 15.7 16.9 15.5 16.9 19.6 20.4 24.5 34.2 CARICOM’s sauces/mixed condiments
industry is at a maturing stage of
Source: TradeMAP. Retrieved January 5, 2011. internationalization, signaled by the large
number of export markets that are
In 2009 CARICOM mainly exported major non‐traditional market in Africa currently serviced. There is also evidence
sauces and preparations (HS 210390) since 2008 (see figure 3 below). of involvement of some regional sauces
with this category of sauces/mixed Interestingly, the most dynamic markets manufacturers in licensing arrangements
condiments generating 79% of the between 2001 and 2009 for exports of with major multinational firms (e.g. Kraft).
region’s export sales. Tomato ketchup CARICOM sauces/mixed condiments were There are other metrics of
and other tomato sauces (HS 210320) Nigeria; the Netherlands (45% growth in internationalization which have not been
was the other dominant sauces/mixed export sales per annum); Japan(18% discussed (such as level of foreign
condiments sub group exported growth annually); and Canada (13% growth investment, etc). But it is also publicly
traditionally between 2001 and 2009. annually). This indicates that regional known that there are great possibilities
sauces/mixed condiments exporters for inflows of Foreign Direct Investment
In 2009, CARICOM sauces/mixed focused on penetrating extra‐regional into the region’s sauce industry to
condiments suppliers found international markets between 2001 and 2009. capitalize on the intellectual property and
markets for their products in 36 Additionally, export sales to the traditional global brand recognition. It is however
countries. Also, Nigeria overtook the USA markets such as the USA and the UK grew also noted that this industry continues to
to become the top export market for more slowly at 3% and 5% annually suffer from intellectual property
regional sauces/mixed condiments respectively between 2001 and 2009, challenges internationally, with
generating over one third of total showing some shift in the strategic infringements being alleged in many
regional export sales. Export sales are marketing focus even within extra regional export markets.
concentrated in a few markets as in markets to more non‐traditional
2009, Nigeria, the USA, the UK, geographical regions such as Africa. The
Barbados, Guyana, Canada and Jamaica
jointly accounted for approximately 90% Figure 3: CARICOM Export markets for Sauces/mixed condiments Trade
of total export revenue. However, this
also indicates that even amidst the
global recession, the region’s exports of
sauces/mixed condiments have been
somewhat internationalized, finding a
Source: TradeMAP. Retrieved January 5, 2011.
www.crnm.org
4. In examining the region’s exports to Nigeria more closely CARICOM based firms are mainly exporting sauces to that market.
CARICOM supplied approximately one‐fifth of Nigeria’s import spending on sauces in 2009. Nigeria was the 27th largest importer of
sauces in 2009, accounting for 1% of global import spending. However, with average import sales growth at 27% annually between
2005 and 2009, this economy was second only to the Philippines as a dynamic major sauce importer, and as such, a seemingly robust
strategic market.
Belize was the top global exporter of sauces to Nigeria in 2009 with one fifth of the import share. Belize’s exporters paid
approximately 17% duties to access the Nigerian market as there is no trade arrangement amongst the parties. However, Belize’s
exporters are penetrating Nigeria’s market based on significant price competitiveness as the average export price for sauces was
almost 50% cheaper than Nigeria’s average import price in 2009. Therefore, Nigerian retailers of Belizean sauces are able to absorb
the tariffs. However, where the price margin erodes, then the tariff may become more of an issue for Belizean sauce exporters. There
is no discussion towards the negotiation of a trade agreement between CARICOM and Nigeria at the moment.
*************
Produced by the OTN Information Unit, 2011
DIRECT ALL COMMENTS OR QUERIES
Mr. Lincoln Price
Private Sector Liaison
lincoln.price@crnm.org
www.crnm.org