On the demand side, exporters and strategic planners focusing on cut-to-size cigarette paper in Malaysia face a number of questions. Which countries are supplying cut-to-size cigarette paper to Malaysia? How important is Malaysia compared to others in terms of the entire global and regional market? How much do the imports of cut-to-size cigarette paper vary from one country of origin to another in Malaysia? On the supply side, Malaysia also exports cut-to-size cigarette paper. Which countries receive the most exports from Malaysia? 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 cut-to-size cigarette paper in Malaysia. 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 Nor can managers be contented with out-of-date statistics which appear several years after the fact.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 cut-to-size cigarette paper for those countries serving Malaysia via exports, or supplying from Malaysia 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 Malaysia fits into the world market for imported and exported cut-to-size cigarette paper. The total level of imports and exports on a worldwide basis, and those for Malaysia 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 Malaysia is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Malaysia 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.
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Purchase includes free access to book updates online and a free trial membership in the publisher's book club where you can select from more than a million books without charge. Not illustrated. Excerpt: Karen Carter Peterson (born November 1, 1969) is a Democratic member of the Louisiana State Senate, representing the 5th District since 2010. She previously served as the representative from District 93 (1999-2010), in the Louisiana House of Representatives and as Speaker Pro Tempore (2008-2010). Peterson was born and raised in New Orleans, Louisiana, the daughter of Ken and Gwen Carter. Her father was one of New Orleanss first black property tax assessors and a prominent political figure in the city. Peterson graduated from Mercy Academy, and received a bachelors degree in international business and marketing from Howard University in Washington, D.C., in 1991. Peterson then returned to New Orleans to receive a law degree from Tulane University in 1995. She is a practicing attorney with the firm the Davillier Law Group Peterson is a political protégé of Jim Singleton, a former city councilman and the leader of the powerful Black Organization for Leadership Development (BOLD), which has repeatedly aligned itself in opposition to William J. Jefferson and his Progressive Democrats. With the help of BOLD, Peterson was elected in 1999 to the Louisiana state legislature as a representative for the 93rd district, which encompasses New Orleanss CBD, the upper French Quarter, and parts of Central City and Mid-City. In the state legislature, she was one of the most vocal supporters of a plan to reform the New Orleans public school system by putting it under state control, and was a backer of the levee board consolidation bill. Peterson is a member of the moderate Democratic Leadership Council. Peterson was a candidate for U.S. Congress in Louisiana's 2nd congressional district (map) in the mid-term election of November 2006. She, alo... More: http://booksllc.net/?id=7839962
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WHAT IS LATENT DEMAND AND THE P.I.E.?The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).The latent demand for filter-tip tobacco and non-tobacco cigarettes is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market.For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e., a calculation of price times quantity is never made, though one is implied). The units used in this report
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This study covers the latent demand outlook for cigarettes across the states and cities of the United States. Latent demand (in millions of U.S. dollars), or potential industry earnings (P.I.E.) estimates are given across some 12,900 cities in the United States. For each city in question, the percent share the city is of it’s state and of the United States is reported. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. This statistical approach can prove very useful to distribution and/or sales force strategies. Using econometric models which project fundamental economic dynamics within each state and city, latent demand estimates are created for cigarettes. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
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