Bioeconomic products and goods are traded across all stages of the value creation process. For the purposes of the subsequent analysis, a fundamental distinction is made between the following market types along the value creation system:

• Factor markets:trade in production factors (inputs)
• Intermediate product markets:trade in intermediate goods for further processing by other companies (B2B), e.g. industrial sugar
• Final product markets:trade in consumer goods or capital goods

Depending on the analytical focus and objectives, it may be appropriate to concentrate the analysis on specific markets. In addition, a shortlist of relevant products may be defined for each market.

 

 

Application example: "Exclusion of factor markets and restriction of final product markets to bio-based insulation materials and their by-products."