Top Banner
www.icongrouponline.com ©2011 ICON Group Ltd. The 2011 Import and Export Market for Silk Worm Cocoons and Silk Waste in China By Professor Philip M. Parker, Ph. D. Chaired Professor of Management Science INSEAD (Singapore & Fontainebleau, France)
25

58893367

Dec 05, 2014

Download

Documents

sreedharm

 
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: 58893367

www.icongrouponline.com ©2011 ICON Group Ltd.

The 2011 Import and Export Market for Silk Worm

Cocoons and Silk Waste in China

By Professor Philip M. Parker, Ph. D.

Chaired Professor of Management Science INSEAD (Singapore & Fontainebleau, France)

Page 2: 58893367

ii

www.icongrouponline.com ©2011 ICON Group Ltd.

COPYRIGHT NOTICE 00030658-5G

All of ICON Group Ltd. publications are copyrighted. Copying our publications in whole or in part, for whatever reason, is a violation of copyrights laws and can lead to penalties and fines. Should you want to copy tables, graphs or other materials from our publications, please contact us to request permission. ICON Group Ltd. often grants permission for very limited reproduction of our publications for internal use, press releases, and academic research. Such reproduction requires, however, confirmed permission from ICON Group Ltd. Please read the full copyright notice, disclaimer, and user agreement provisions at the end of this report.

IMPORTANT DISCLAIMER

Neither ICON Group Ltd. nor its employees can be held accountable for the use and subsequent actions of the user of the information provided in this publication. Great efforts have been made to ensure the accuracy of the data, but we can not guarantee, given the volume of information, accuracy. Since the information given in this report is forward-looking, the reader should read the disclaimer statement and user agreement provisions at the end of this report.

Page 3: 58893367

iii

www.icongrouponline.com ©2011 ICON Group Ltd.

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.

Acknowledgements 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.

Page 4: 58893367

iv

www.icongrouponline.com ©2011 ICON Group Ltd.

About ICON Group Ltd. ICON Group Ltd.’s primary mission is to assist managers with their international information needs. U.S.-owned and operated, ICON Group has field offices in Paris, Hong Kong and Lomé, Togo (West Africa). Created in 1994, ICON Group has published hundreds of multi-client databases, and global/regional market data, industry and country publications. Global/Regional Management Studies. Summarizing over 190 countries, management studies are generally organized into regional volumes and cover key management functions. The human resource series covers minimum wages, child labor, unionization and collective bargaining. The international law series covers media control and censorship, search and seizure, and trial justice and punishment. The diversity management series covers a variety of environmental context drivers that effect global operations. These include women’s rights, children’s rights, discrimination/racism, and religious forces and risks. Global strategic planning studies cover economic risk assessments, political risk assessments, foreign direct investment strategy, intellectual property strategy, and export strategies. Financial management studies cover taxes and tariffs. Global marketing studies focus on target segments (e.g. seniors, children, women) and strategic marketing planning. Country Studies. Often managers need an in-depth, yet broad and up-to-date understanding of a country’s strategic market potential and situation before the first field trip or investment proposal. There are over 190 country studies available. Each study consists of analysis, statistics, forecasts, and information of relevance to managers. The studies are continually updated to insure that the reports have the most relevant information available. In addition to raw information, the reports provide relevant analyses which put a more general perspective on a country (seen in the context of relative performance vis-à-vis benchmarks). Industry Studies. Companies are racing to become more international, if not global in their strategies. For over 2000 product/industry categories, these reports give the reader a concise summary of latent market forecasts, pro-forma financials, import competition profiles, contacts, key references and trends across 200 countries of the world. Some reports focus on a particular product and region (up to four regions per product), while others focus on a product within a particular country.

Orders & Customer Service ICON Group International, Inc. 7404 Trade St. San Diego, CA 92121 USA Tel: (858) 635 9410 Fax: (858) 635 9414 E-mail: [email protected] www.icongrouponline.com

Page 5: 58893367

Contents v

www.icongrouponline.com ©2011 ICON Group Ltd.

Table of Contents 1 INTRODUCTION AND METHODOLOGY 7

2 CHINA AND THE WORLD MARKET 9 2.1 Imports in China in 2011 9 2.2 Exports from China in 2011 10

3 IMPORTS IN CHINA 11 3.1 Asia 11

3.1.1 India 11 3.1.2 North Korea 11 3.1.3 South Korea 11 3.1.4 Thailand 12 3.1.5 Vietnam 12

3.2 Latin America 12 3.2.1 Brazil 12 3.2.2 Paraguay 13

3.3 the Middle East 13 3.3.1 Azerbaijan 13 3.3.2 Iran 13 3.3.3 Kyrgyzstan 13 3.3.4 Tajikistan 14 3.3.5 Turkey 14 3.3.6 Turkmenistan 14 3.3.7 Uzbekistan 14

4 EXPORTS FROM CHINA 15 4.1 Africa 15

4.1.1 South Africa 15 4.2 Asia 15

4.2.1 Hong Kong 15 4.2.2 India 15 4.2.3 Japan 16 4.2.4 Singapore 16 4.2.5 South Korea 16 4.2.6 Taiwan 17 4.2.7 Thailand 17

4.3 Europe 18 4.3.1 France 18 4.3.2 Germany 18 4.3.3 Italy 19 4.3.4 Spain 19 4.3.5 Switzerland 20 4.3.6 the United Kingdom 20

4.4 Latin America 20 4.4.1 Peru 20

4.5 North America & the Caribbean 21 4.5.1 Canada 21 4.5.2 the United States 21

4.6 Oceana 21 4.6.1 New Zealand 21

4.7 the Middle East 22

Page 6: 58893367

Contents vi

www.icongrouponline.com ©2011 ICON Group Ltd.

4.7.1 Saudi Arabia 22 5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 23

5.1 Disclaimers & Safe Harbor 23 5.2 ICON Group Ltd. User Agreement Provisions 24

Page 7: 58893367

Silk Worm Cocoons and Silk Waste in China 7

www.icongrouponline.com ©2011 ICON Group Ltd.

1 INTRODUCTION AND METHODOLOGY On the demand side, exporters and strategic planners focusing on silk worm cocoons and silk waste in China face a number of questions. Which countries are supplying silk worm cocoons and silk waste to China? How important is China compared to others in terms of the entire global and regional market? How much do the imports of silk worm cocoons and silk waste vary from one country of origin to another in China? On the supply side, China also exports silk worm cocoons and silk waste. Which countries receive the most exports from China? 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 silk worm cocoons and silk waste in China. 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 silk worm cocoons and silk waste for those countries serving China via exports, or supplying from China 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 China fits into the world market for imported and exported silk worm cocoons and silk waste. The total level of imports and exports on a worldwide basis, and those for China 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 China is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize China 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 silk worm cocoons and silk waste, Chapter 3 goes into detail on imports, but for each major country of origin serving China. A “major” market is defined as a country where China represents a substantially large share of either imports or exports. For each major country exporting to China, one can thus observe how important China is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of silk worm cocoons and silk waste originating from China, for each major country of destination. In doing so, one can discover the share that China has in each major market; this share value is often used as a measure of competitiveness for China. In all cases, the total dollar volume and percentage share values by major trading

Page 8: 58893367

Silk Worm Cocoons and Silk Waste in China 8

www.icongrouponline.com ©2011 ICON Group Ltd.

partner are provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of silk worm cocoons and silk waste to and from China to and from all other major countries in the world. "Silk Worm Cocoons and Silk Waste" 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 "silk worm cocoons and silk waste" is 2614 . For more information on this definition, please refer to the following web site: http://unstats.un.org/unsd/cr/registry/regcs.asp?Cl=14&Lg=1&Co=261 . 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 www.icongrouponline.com. 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.

Page 9: 58893367

Silk Worm Cocoons and Silk Waste in China 9

www.icongrouponline.com ©2011 ICON Group Ltd.

2 CHINA AND THE WORLD MARKET 2.1 IMPORTS IN CHINA IN 2011

Imported Silk Worm Cocoons and Silk Waste in China, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Kyrgyzstan 1 1,482 26.19 26.19 North Korea 2 979 17.30 43.50 Uzbekistan 3 873 15.43 58.93 India 4 758 13.40 72.32 Vietnam 5 592 10.46 82.79 Brazil 6 417 7.37 90.16 Turkmenistan 7 201 3.55 93.71 Iran 8 75 1.33 95.03 Azerbaijan 9 59 1.04 96.08 Paraguay 10 55 0.97 97.05 Tajikistan 11 52 0.92 97.97 Turkey 12 44 0.78 98.75 Thailand 13 43 0.76 99.51 South Korea 14 28 0.49 100.00 Total 5,658 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 10: 58893367

Silk Worm Cocoons and Silk Waste in China 10

www.icongrouponline.com ©2011 ICON Group Ltd.

2.2 EXPORTS FROM CHINA IN 2011 Silk Worm Cocoons and Silk Waste Exports from China, 2011

Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Italy 1 9,110 29.40 29.40 Japan 2 6,508 21.00 50.40 Germany 3 5,838 18.84 69.23 India 4 3,940 12.71 81.95 South Korea 5 1,666 5.38 87.32 the United Kingdom 6 1,070 3.45 90.77 Switzerland 7 999 3.22 94.00 Taiwan 8 430 1.39 95.39 Hong Kong 9 420 1.36 96.74 Singapore 10 249 0.80 97.54 Spain 11 230 0.74 98.29 the United States 12 111 0.36 98.64 France 13 104 0.34 98.98 Peru 14 98 0.32 99.30 Thailand 15 91 0.29 99.59 South Africa 16 49 0.16 99.75 New Zealand 17 42 0.14 99.88 Saudi Arabia 18 28 0.09 99.97 Canada 19 8 0.03 100.00 Total 30,991 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 11: 58893367

Silk Worm Cocoons and Silk Waste in China 11

www.icongrouponline.com ©2011 ICON Group Ltd.

3 IMPORTS IN CHINA 3.1 ASIA 3.1.1 India

Silk Worm Cocoons and Silk Waste Exports from India, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Thailand 1 2,485 41.41 41.41 Italy 2 2,359 39.31 80.72 China 3 758 12.63 93.35 the United States 4 142 2.37 95.72 the United Kingdom 5 136 2.27 97.98 Spain 6 107 1.78 99.77 Saudi Arabia 7 7 0.12 99.88 Singapore 8 4 0.07 99.95 Hong Kong 9 3 0.05 100.00 Total 6,001 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.1.2 North Korea

Silk Worm Cocoons and Silk Waste Exports from North Korea, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 979 98.79 98.79 Japan 2 12 1.21 100.00 Total 991 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.1.3 South Korea

Silk Worm Cocoons and Silk Waste Exports from South Korea, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 28 100.00 100.00 Total 28 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 12: 58893367

Silk Worm Cocoons and Silk Waste in China 12

www.icongrouponline.com ©2011 ICON Group Ltd.

3.1.4 Thailand

Silk Worm Cocoons and Silk Waste Exports from Thailand, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Japan 1 230 52.51 52.51 Italy 2 165 37.67 90.18 China 3 43 9.82 100.00 Total 438 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.1.5 Vietnam

Silk Worm Cocoons and Silk Waste Exports from Vietnam, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 592 60.16 60.16 Thailand 2 315 32.01 92.17 Japan 3 77 7.83 100.00 Total 984 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.2 LATIN AMERICA 3.2.1 Brazil

Silk Worm Cocoons and Silk Waste Exports from Brazil, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Thailand 1 486 46.64 46.64 China 2 417 40.02 86.66 Japan 3 139 13.34 100.00 Total 1,042 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 13: 58893367

Silk Worm Cocoons and Silk Waste in China 13

www.icongrouponline.com ©2011 ICON Group Ltd.

3.2.2 Paraguay

Silk Worm Cocoons and Silk Waste Exports from Paraguay, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 55 84.62 84.62 Brazil 2 10 15.38 100.00 Total 65 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.3 THE MIDDLE EAST 3.3.1 Azerbaijan

Silk Worm Cocoons and Silk Waste Exports from Azerbaijan, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 59 100.00 100.00 Total 59 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.3.2 Iran

Silk Worm Cocoons and Silk Waste Exports from Iran, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Pakistan 1 118 37.94 37.94 Thailand 2 118 37.94 75.88 China 3 75 24.12 100.00 Total 311 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.3.3 Kyrgyzstan

Silk Worm Cocoons and Silk Waste Exports from Kyrgyzstan, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 1,482 96.42 96.42 South Korea 2 55 3.58 100.00 Total 1,537 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 14: 58893367

Silk Worm Cocoons and Silk Waste in China 14

www.icongrouponline.com ©2011 ICON Group Ltd.

3.3.4 Tajikistan

Silk Worm Cocoons and Silk Waste Exports from Tajikistan, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Iran 1 92 47.67 47.67 China 2 52 26.94 74.61 Thailand 3 49 25.39 100.00 Total 193 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.3.5 Turkey

Silk Worm Cocoons and Silk Waste Exports from Turkey, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 44 100.00 100.00 Total 44 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.3.6 Turkmenistan

Silk Worm Cocoons and Silk Waste Exports from Turkmenistan, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 201 100.00 100.00 Total 201 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

3.3.7 Uzbekistan

Silk Worm Cocoons and Silk Waste Exports from Uzbekistan, 2011 Country of Destination Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 873 54.73 54.73 Azerbaijan 2 488 30.60 85.33 Iran 3 220 13.79 99.12 Japan 4 14 0.88 100.00 Total 1,595 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 15: 58893367

Silk Worm Cocoons and Silk Waste in China 15

www.icongrouponline.com ©2011 ICON Group Ltd.

4 EXPORTS FROM CHINA 4.1 AFRICA 4.1.1 South Africa

Imported Silk Worm Cocoons and Silk Waste in South Africa, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 49 100.00 100.00 Total 49 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.2 ASIA 4.2.1 Hong Kong

Imported Silk Worm Cocoons and Silk Waste in Hong Kong, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 420 99.29 99.29 India 2 3 0.71 100.00 Total 423 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.2.2 India

Imported Silk Worm Cocoons and Silk Waste in India, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 3,940 100.00 100.00 Total 3,940 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 16: 58893367

Silk Worm Cocoons and Silk Waste in China 16

www.icongrouponline.com ©2011 ICON Group Ltd.

4.2.3 Japan

Imported Silk Worm Cocoons and Silk Waste in Japan, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 6,508 93.24 93.24 Thailand 2 230 3.30 96.53 Brazil 3 139 1.99 98.52 Vietnam 4 77 1.10 99.63 Uzbekistan 5 14 0.20 99.83 North Korea 6 12 0.17 100.00 Total 6,980 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.2.4 Singapore

Imported Silk Worm Cocoons and Silk Waste in Singapore, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 249 98.42 98.42 India 2 4 1.58 100.00 Total 253 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.2.5 South Korea

Imported Silk Worm Cocoons and Silk Waste in South Korea, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 1,666 92.30 92.30 Australia 2 84 4.65 96.95 Kyrgyzstan 3 55 3.05 100.00 Total 1,805 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 17: 58893367

Silk Worm Cocoons and Silk Waste in China 17

www.icongrouponline.com ©2011 ICON Group Ltd.

4.2.6 Taiwan

Imported Silk Worm Cocoons and Silk Waste in Taiwan, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 430 100.00 100.00 Total 430 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.2.7 Thailand

Imported Silk Worm Cocoons and Silk Waste in Thailand, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ India 1 2,485 67.75 67.75 Brazil 2 486 13.25 81.00 Vietnam 3 315 8.59 89.59 Japan 4 124 3.38 92.97 Iran 5 118 3.22 96.18 China 6 91 2.48 98.66 Tajikistan 7 49 1.34 100.00 Total 3,668 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 18: 58893367

Silk Worm Cocoons and Silk Waste in China 18

www.icongrouponline.com ©2011 ICON Group Ltd.

4.3 EUROPE 4.3.1 France

Imported Silk Worm Cocoons and Silk Waste in France, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Germany 1 277 42.88 42.88 Italy 2 110 17.03 59.91 China 3 104 16.10 76.01 the United Kingdom 4 89 13.78 89.78 Spain 5 62 9.60 99.38 Belgium 6 4 0.62 100.00 Total 646 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.3.2 Germany

Imported Silk Worm Cocoons and Silk Waste in Germany, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 5,838 96.53 96.53 Switzerland 2 98 1.62 98.15 Italy 3 95 1.57 99.72 the United Kingdom 4 17 0.28 100.00 Total 6,048 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 19: 58893367

Silk Worm Cocoons and Silk Waste in China 19

www.icongrouponline.com ©2011 ICON Group Ltd.

4.3.3 Italy

Imported Silk Worm Cocoons and Silk Waste in Italy, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 9,110 55.47 55.47 Germany 2 4,225 25.73 81.20 India 3 2,359 14.36 95.57 the United Kingdom 4 474 2.89 98.45 Thailand 5 165 1.00 99.46 Switzerland 6 86 0.52 99.98 Spain 7 2 0.01 99.99 Japan 8 1 0.01 100.00 Total 16,422 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.3.4 Spain

Imported Silk Worm Cocoons and Silk Waste in Spain, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ Germany 1 291 39.06 39.06 China 2 230 30.87 69.93 France 3 114 15.30 85.23 India 4 107 14.36 99.60 Italy 5 3 0.40 100.00 Total 745 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 20: 58893367

Silk Worm Cocoons and Silk Waste in China 20

www.icongrouponline.com ©2011 ICON Group Ltd.

4.3.5 Switzerland

Imported Silk Worm Cocoons and Silk Waste in Switzerland, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 999 51.23 51.23 Germany 2 601 30.82 82.05 the United Kingdom 3 277 14.21 96.26 Italy 4 73 3.74 100.00 Total 1,950 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.3.6 the United Kingdom

Imported Silk Worm Cocoons and Silk Waste in the United Kingdom, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 1,070 80.27 80.27 India 2 136 10.20 90.47 Japan 3 104 7.80 98.27 Germany 4 16 1.20 99.47 Italy 5 7 0.53 100.00 Total 1,333 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.4 LATIN AMERICA 4.4.1 Peru

Imported Silk Worm Cocoons and Silk Waste in Peru, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ China 1 98 100.00 100.00 Total 98 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 21: 58893367

Silk Worm Cocoons and Silk Waste in China 21

www.icongrouponline.com ©2011 ICON Group Ltd.

4.5 NORTH AMERICA & THE CARIBBEAN 4.5.1 Canada

Imported Silk Worm Cocoons and Silk Waste in Canada, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ the United States 1 12 60.00 60.00 China 2 8 40.00 100.00 Total 20 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.5.2 the United States

Imported Silk Worm Cocoons and Silk Waste in the United States, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ India 1 142 55.04 55.04 China 2 111 43.02 98.06 the United Kingdom 3 5 1.94 100.00 Total 258 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

4.6 OCEANA 4.6.1 New Zealand

Imported Silk Worm Cocoons and Silk Waste in New Zealand, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ the United Kingdom 1 63 60.00 60.00 China 2 42 40.00 100.00 Total 105 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 22: 58893367

Silk Worm Cocoons and Silk Waste in China 22

www.icongrouponline.com ©2011 ICON Group Ltd.

4.7 THE MIDDLE EAST 4.7.1 Saudi Arabia

Imported Silk Worm Cocoons and Silk Waste in Saudi Arabia, 2011 (Structure of Foreign Import Competition)

Country of Origin Rank Value (000 US$) % Share Cumulative % _________________________________________________________________________________________________________ the United States 1 50 58.82 58.82 China 2 28 32.94 91.76 India 3 7 8.24 100.00 Total 85 100.00 100.00 _________________________________________________________________________________________________________

Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com

Page 23: 58893367

Silk Worm Cocoons and Silk Waste in China 23

www.icongrouponline.com ©2011 ICON Group Ltd.

5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS

5.1 DISCLAIMERS & SAFE HARBOR Summary disclaimer. This publication ("Report") does not constitute legal, valuation, tax, or financial consulting advice. Nor is it a statement on the performance, management capability or future potential (good or bad) of the company(ies), industry(ies), product(s), region(s), city(ies) or country(ies) ("Topics") discussed. It is offered as an information service to clients, associates, and academicians. Those interested in specific guidance for legal, strategic, and/or financial or accounting matters should seek competent professional assistance from their own advisors. Information was furnished to ICON Group Ltd. ("ICON Group"), and its subsidiaries (ICON Group International, Inc.), by its internal researchers and/or extracted from public filings, or sources available within the public domain, including other information providers (e.g. EDGAR filings, national organizations and international organizations). ICON Group does not promise or warrant that we will obtain information from any particular independent source. Published regularly by ICON Group, this and similar reports provide analysis on cities, countries, industries, and/or foreign and domestic companies which may or may not be publicly traded. ICON Group reports are used by various companies and persons including consulting firms, investment officers, pension fund managers, registered representatives, and other financial service professionals. Any commentary, observations or discussion by ICON Group about Topic does not constitute a recommendation to buy or sell company shares or make investment decisions. Further, the financial condition or outlook for each Topic may change after the date of the publication, and ICON Group does not warrant, promise or represent that it will provide report users with notice of that change, nor will ICON Group promise updates on the information presented. Safe Harbor for Forward-Looking Statements. ICON Group reports, including the present report, make numerous forward-looking statements which should be treated as such. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995 and similar local laws. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a Topic's actual results or outlook in future periods to differ materially from those forecasted. These risks and uncertainties include, among other things, product price volatility, exchange rate volatility, regulation volatility, product demand volatility, data inaccuracies, computer- or software-generated calculation inacuracies, market competition, changes in management style, changes in corporate strategy, and risks inherent in international and corporate operations. Forward-looking statements can be identified in statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate,'' "estimate," "expect,'' "project,'' "intend,'' "plan,'' "feel", "think", "hear," "guess," "forecast," "believe," and other words and terms of similar meaning in connection with any discussion of future operating, economic or financial performance. This equally applies to all statements relating to a Topic, economic variable or company financial situation. ICON Group recommends that the reader follow the advice of Nancy M. Smith, Director of SEC's Office of Investor Education and Assistance, "Never, ever, make an investment based solely on what you read in an online newsletter or Internet bulletin board, especially if the investment involves a small, thinly-traded company that isn't well known … Assume that the information about these companies is not trustworthy unless you can prove otherwise through your own independent research." Similar recommendations apply to decisions relating to industry studies, product category studies, corporate strategies discussions and country evaluations. In the case of ICON Group reports, many factors can affect the actual outcome of the period discussed, including exchange rate volatility, changes in accounting standards, the lack of oversight or comparability in accounting standards, changes in economic conditions, changes in competition, changes in the global economy, changes in source data quality, changes in reported data quality, changes in methodology and similar factors. Information Accuracy. Although the statements in this report are derived from or based upon various information sources and/or econometric models that ICON Group believes to be reliable, we do not guarantee their accuracy, reliability, quality, any such information, or resulting analyses, may be incomplete, rounded, inaccurate or condensed. All estimates included in this report are subject to change without notice. This report is for informational purposes only and is not intended as a recommendation to invest in a city, country, industry or product area, or an offer or solicitation with respect to the purchase or sale of a security, stock, or financial instrument. This report does not take into account the investment objectives, financial situation or particular needs of any particular person or legal entity. With respect to any specific Topic that might be discussed in this report, investors should obtain individual financial advice based on their own particular circumstances before making an investment decision on the basis of the information in this report. Investing in either U.S. or non-U.S. securities or markets entails inherent risks. In addition, exchange rate movements may have an effect on the reliability of the estimates provided in this report. ICON Group is not a registered Investment Adviser or a Broker/Dealer.

Page 24: 58893367

Silk Worm Cocoons and Silk Waste in China 24

www.icongrouponline.com ©2011 ICON Group Ltd.

5.2 ICON GROUP LTD. USER AGREEMENT PROVISIONS Ownership. User agrees that ICON Group Ltd. ("ICON Group") and its subsidiaries (ICON Group International, Inc.) retains all rights, title and interests, including copyright and other proprietary rights, in this report and all material, including but not limited to text, images, and other multimedia data, provided or made available as part of this report ("Report"). Restrictions on Use. User agrees that it will not copy nor license, sell, transfer, make available or otherwise distribute the Report to any entity or person, except that User may (a) make available to its employees electronic copies of Report, (b) allow its employees to store, manipulate, and reformat Report, and (c) allow its employees to make paper copies of Report, provided that such electronic and paper copies are used solely internally and are not distributed to any third parties. In all cases the User agrees to fully inform and distribute to other internal users all discussions covering the methodology of this Report and the disclaimers and caveats associated with this Report. User shall use its best efforts to stop any unauthorized copying or distribution immediately after such unauthorized use becomes known. The provisions of this paragraph are for the benefit of ICON Group and its information resellers, each of which shall have the right to enforce its rights hereunder directly and on its own behalf. No Warranty. The Report is provided on an "AS IS" basis. ICON GROUP DISCLAIMS ANY AND ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, RELATING TO THIS AGREEMENT, PERFORMANCE UNDER THIS AGREEMENT, AND THE REPORT. ICON Group makes no warranties regarding the completeness, accuracy or availability of the Report. Limitation of Liability. In no event shall ICON Group, its employees or its agent, resellers and distributors be liable to User or any other person or entity for any direct, indirect, special, exemplary, punitive, or consequential damages, including lost profits, based on breach of warranty, contract, negligence, strict liability or otherwise, arising from the use of the report or under this Agreement or any performance under this Agreement, whether or not they or it had any knowledge, actual or constructive, that such damages might be incurred. Indemnification. User shall indemnify and hold harmless ICON Group and its resellers, distributors and information providers against any claim, damages, loss, liability or expense arising out of User's use of the Report in any way contrary to this Agreement. © ICON Group Ltd., 2010. All rights reserved. Any unauthorized use, duplication or disclosure is prohibited by law and will result in prosecution. Text, graphics, and HTML or other computer code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission. Permission is granted to quote small portions of this report with proper attribution. Media quotations with source attributions are encouraged. Reporters requesting additional information or editorial comments should contact ICON Group via email at [email protected]. Sources: This report was prepared from a variety of sources including excerpts from documents and official reports or databases published by the World Bank, the U.S. Department of Commerce, the U.S. State Department, various national agencies, the International Monetary Fund, the Central Intelligence Agency, the United Nations, ICON Group International, Inc. and ICON Group Ltd.

E N D

Page 25: 58893367

Copyright of Country Trade Reports is the property of ICON Group International, Inc. and its content may not

be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written

permission. However, users may print, download, or email articles for individual use.