Ethiopia Agrofood Plastpack 2019
Ethiopia’s 2nd International Trade Show on Agriculture, Food, Beverage
and Plastics & Packaging Solutions and Technology
9 – 11 May 2019
Millenium Hall Addis Ababa
Ethiopia – The largest economy in East and Central Africa
One of the fastest growing economies in the world.
The largest economy in East and Central Africa.
6 to 10% economic growth between 2004 and 2018
Forecast of real GDP growth of 7.5% in 2017 and 201.8 (IMF).
Registering robust GDP growth of 6 to 10% between 2004 and 2017 (IMF).
The real GDP growth is likely to be around 7.5% in 2017-18, driven by public investment in road and power networks, which benefit both industry and agriculture. Long-term growth potential is enhanced by untapped reserves of coal, gold, oil, and gas. FDI is set to continue growing, through investments in agriculture and manufacturing.
102 million Population (World Bank for 2016).
27th largest country in the world.
2nd most populous nation in Africa and the 12th most populous country in the world.
The most populous landlocked country in the world.
Ethiopia is a multilingual nation.
Some of the oldest evidence for anatomically modern humans has been found in Ethiopia, which is widely considered the region from which Homo sapiens first set out for the Middle East and points beyond.
Ethiopia wants to achieve middle-income status by 2025.
Ethiopia is a land of natural contrasts, with its vast fertile West, jungles, and numerous rivers, the world‘s hottest settlement of Dallol in its north, Africa‘s largest continuous mountain. ranges and the largest cave in Africa at Sof Omar.
Ethiopia has the most UNESCO World Heritage Sites in Africa.
Ethiopia‘s ancient Ge‘ez script, also known as Ethiopic, is one of the oldest alphabets still in use in the world.
A slight majority of the population adheres to Christianity (mainly the Ethiopian Orthodox Tewahedo Church and Pentay), while around a third follows Islam (primarily the Sunni denomination).
Rain-fed agriculture (accounting for almost 50% of GDP) remains Ethiopia’s main source of employment and export earnings.
Ethiopia is one of the founding members of the UN, the Group of 24 (G-24), the Non-Aligned Movement, G-77 and the Organisation of African Unity, with Addis Ababa serving as the headquarters of the African Union, the Pan African Chamber of Commerce and Industry, the UNECA, African Aviation Training HQ, the African Standby Force and much of global NGOs focused on Africa.
Opportunities in the Agrofood Industry
Ethiopia is the origin of the coffee bean. With an annual production exceeding 380,000 t, the country is the largest coffee producer in Africa and the 5th largest in the world.
Ten sugar cane factories are at the planning stage. Once they start their production, Ethiopia should develop into one of the ten biggest exporters of sugar cane in the world.
Food trade with Ethiopia: a 5.155 billion US Dollar business!
During the past 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 increased by 13% annually, to now more than 2.4 billion US $.
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 main producing products are coffee (the largest producer of Africa), maize (second largest producer of Africa), dwarf millet (Teff, the largest producer in the world), wheat, sorghum and other cereals, legumes (such as beans), oilseeds, potatoes, sugar cane, and vegetables.
The Ethiopian agricultural output has grown by between 5% and 9% annually in the years 2011 to 2017.
Global players entering the Ethiopian market
East African Bottling S.C (EABSC) started the construction of a new plant in April 2015. The plant is a part of a 500 million US $ investment including three new plants, implementation will be completed by 2020. EABSC produces and bottles beverages including Fanta, Coca-Cola, Sprite, Schweppes, Coke Light and Dasani bottled water. Over the past two years alone, Coca-Cola has invested 200 million US $ in Ethiopia. In addition, it plans to invest more than 350 million US $ in the coming three years. It has registered 47pc growth in terms of gross sale for the current year so far, which is the highest growth rate in sales in the Coca-Cola franchise and 15pc achievement of last year. The new plant is expected to be inaugurated within 18 months’ time and it will have one production line with a capacity of 15 million cases a year. (Food Business Africa)
Heineken inaugurated its largest factory in Ethiopia with an investment of 110 million euros outside Addis Ababa in January 2015. The factory has a capacity of producing 1.5 million hectoliters a year. The total investment of Heineken in Ethiopia now already stands at more than US $ 400 million.
Other international companies such as Unilever and Nestlé are reportedly on the go. The drinks giant Diageo has already purchased a local brewery.
The US Wal-Mart Stores Inc. is interested in entering the market through its South African subsidiary Massmart Holdings.
For manufacturers of food and packaging machines, Ethiopia is a market of the future that is just about to unfold.
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