Why agrofood plastpack Ethiopia?
Ethiopia’s agrofood and plastpack market is expected to grow tremendously
Ethiopia is East and Central Africa’s …
… largest importer of food processing and packaging machinery with an annual growth rate of 38% between 2010 and 2014. Global players like Heineken, Nestlé, Unilever and others are entering the Ethiopian market and invest hundreds of million US $ in new food and beverage production facilities.
… 2nd largest importer of plastics and packaging machinery with an annual growth rate of 23% and 27% between 2010 and 2014.
… largest importer of plastics in primary forms with a phenomenal annual growth rate of 46% between 2010 and 2014, reaching 527 million Euros in 2014.
… 2nd largest importer of agricultural machinery. According to figures from the World Bank, the Ethiopian Agriculture accounts for about 48% of gross domestic product (GDP) and 85% of exports, making it the cornerstone of the economy and the largest potential source of growth and prosperity. The Ethiopian agriculture has increased in the years 2011 to 2014 by 4.9% until 9.0% annually.
… hub for the food trade. During the past few years Ethiopian food imports have increased with an annual rate of 21%, from 0.866 billion US $ in 2009 to 2.738 billion US $ in 2015. Thanks to successful export products such as vegetables and fruits, coffee and tea, Ethiopian food exports over the same period increased by 13% annually, to now more than 2.4 billion US $.
agrofood plastpack Ethiopia aims to become Ethiopia’s must-attend annual meeting point for the agrofood industry. The event gathers industry leaders, investors, experts, policy makers, academia and journalists to discuss latest technologies and conclude business.