Market forecasting & prediction
Contact us

PURPOSE

Consolidating multiple datasets already used by the International Trade Council, with additional overlays, into a single database for use for analytics of markets and supply chains, forecasting and prediction of market behaviour


USERS

  • Companies seeking to validate their supply chains, understand market pricing, monitor competitors and forecast the market
  • Governments seeking to assist their exporters to find new markets, locate priority investment (FDI) targets, model future market demand / growth / customers / suppliers

QUESTIONS EVERY EXPORTER NEEDS TO KNOW


• Who will buy my product(s)?

  • Who is the decision maker(s) that I need to reach to sell my product(s)?

• What is the market price? (lowest, average, highest – and % difference between)


• What is the demand for my product(s)? (number of potential buyers / average order size / demand per X period)


• Who are my competitors?

  • Who are they / how many?
  • Typical terms of trade o What are the differentiators between products? (origin, type, brand)

• What tariffs are applied to my product(s)

  • Tariff by target country
  • What is the overall pricing differential of my product including tariff

• What other regulatory controls are applied to my product(s)?

  • Standards
  • Registrations
  • Certifications
  • Packaging
  • Labelling

• What are the risks of doing business in a certain market, with certain customers or suppliers etc


• Who are my competitors, what are their actions, what do their supply chains look like?


• Is my supply chain “clean”? (re: supply chain transparency laws – many with personal liability on the directors)


• Am I compliant? (regulatory, sanctions etc)


• What will the future market look like?


• What are my competitive advantages when entering into future markets?


• How do I monitor for counterfeit, fraud, future actions by my competitors and other risks?

  • ITC already has members (government trade and investment agencies, chambers of commerce and corporations) who are users
  • Low entry point for customers to use the service
  • Multiple use-cases (government, exporters, importers, trade finance, trade insurance, logistics, supply chain firms etc)
  • No other organization has the depth of existing data