Growing the future of agribusiness

agribusinessBased on the encouraging market conditions in Nigeria, the sixth agrofood & plastprintpack Nigeria 2020 is getting ready to continue its success story

Organised by the German trade show specialists fairtrade, the event is scheduled for 24-26 March 2020 at the Landmark Centre in Lagos.

Nigerian economy

Africa’s largest economy is on the growth track as Nigeria’s GDP is expected to increase from US$397bn in 2018 to US$445bn in 2019 and US$496bn in 2020. And due to high and sustained investments in its agrofood and plastprintpack industry and its enormous expected population growth from 200mn in 2019 to 400mn in 2050 (United Nations), it is all too likely that Nigeria will very soon become the number one in Africa for imports of any technology. A position the country is likely to take in the long term.

Agrofood 2020

The trade show provides a platform for valuable interaction and networking between exhibitors from within Nigerian and all over the world. Global leaders and official country pavilions already confirmed Many global leaders have already renewed their participation for the 2020 event, according to organisers. The national group pavilions of Belarus, China, Germany, France, Italy, Kuwait, the Netherlands, Switzerland and Turkey have again confirmed their presence.

Conference programme

agrofood & plastprintpack Nigeria 2020 will again be supplemented by a three day programme. It covers the entire process chain - consisting of the following brands: agro AgroTech Nigeria 2020 is organised by fairtrade in cooperation with the German Agricultural Society DLG. Main topics are agricultural technology, animal production, flori- and horticulture and hothouse technology. The companies exhibiting are from a range of industries including:

-Agricultural machines, farming tractors, harvesting equipment

-Analytical equipment

-Dryers, cleaner, silos and storage systems

-Feeding equipment

-Fish farming equipment

-Grains, grain systems

-Greenhouse and greenhouse plastics and equipment

-Irrigation systems

food + bev tec

Nigeria 2020 Double-digit growth: According to the German Food Processing and Packaging Machinery Association VDMA, Nigeria’s imports of food & beverage technology increased by 13 per cent in 2018.

As such Nigeria is the second largest importer of food and beverage technology in sub-Saharan Africa, Nigeria’s imports increased by an average of 10 per cent per year over the same period. Nigeria’s imports of packaging technology, between 2015 and 2018, increased by 10.2 per cent annually in 2018. Double-digit growth is also forecasted for 2019 and 2020.

Food ingredients Nigeria

With 200mn inhabitants, Nigeria has long been the largest food market on the African continent. Expenditure in the F&B sector is growing steadily and F&B production is by far the largest segment of the Nigerian processing industry. Accordingly, the demand for food and beverage ingredients is rising continuously.

So it was only natural that more and more leading international ingredients companies took part in agrofood Nigeria. With food ingredients Nigeria, fairtrade is responding to the request of these exhibitors for their own partial tradeshow under the umbrella of agrofood Nigeria plastprintpack Nigeria 2020.

The exhibitor profile includes:

-Process technology

-Bakery technology

-Confectionery technology

-Refrigeration and air-conditioning technology

-Packaging technology

-Conveying,transport and storage installations

In 2019 the topics included three main sessions on

-Skills development and the value chain approach

-Circular economy and

-Finance, Start-ups and Digitalisation

plastprintpack Nigeria 2020

Nigeria is Africa’s third largest importer of plastics in primary forms. With 72 per cent of raw materials imported (mainly from the Middle East, Europe and Asia) and only 28 per cent produced locally, the Nigerian market has great potential for exporters of plastics in primary forms.

In the years 2008-2017, for example, imports of plastic raw materials increased annually by 5.2 per cent from 464 kt to 729 kt, +57 per cent. This makes Nigeria, after Egypt and Algeria, Africa’s third largest importer of plastics in primary forms! With 115mn euros in 2018 (+21per cent compared to 2017), Nigeria is the second largest importer of plastics technology in Sub-Sahara Africa, just behind South Africa (125mn euros). Nigeria’s imports increased by an average of 7.2 per cent per year between 2014 and 2018.

Nigeria is the second largest importer of printing and paper processing technology in sub-Saharan Africa (in million Euro). With 158 million euros in 2018, Nigeria is the second largest importer of packaging technology in sub-Saharan Africa, just behind South Africa (175mn euros). But while South Africa‘s imports failed to grow, Nigeria‘s imports increased by an average of 10.2 per cent per year between 2015 and 2018.

German exhibitors

A German Pavilion will be presented at agrofood & plastprintpack Nigeria featuring German exhibitors displaying their solutions and products. The German Pavilion is presented by the Federal Ministry for Economic Affairs and Energy in cooperation with the Association of the German Trade Fair Industry AUMA and supported by VDMA Food Processing and Packaging Machinery Association.

Many global leaders and official country pavilions already confirmed

Many global leaders have already renewed their participation for the 2020 event. Concerning official national group pavilions, China, Flanders / Belgium, Germany and Italy and will again present themselves officially. Kuwait, on the other hand, will be represented for the first time with an official pavilion organised by PAI Public Authority for Industry. Ten Kuwaiti exhibitors will show their products, solutions and technologies on 192 sqm. And the Jordan Chamber of Commerce also joins in for the first time.

Opportunities in the agrofood industry

-Recession caused revival of local food production and “Made-in-Nigeria” trend; political will to expand local food production

-Massive investments in agricultural technology and processing and packaging equipment

-Increase of yields - Reduction of immense post-harvest losses - Reduction of import bill

-Experts foresee Nigeria to become the region’s main food supplier

-Medium-term development extremely promising

-Biggest market for food products in Africa - still undersupplied

According to fairtrade, with almost 200mn inhabitants, Nigeria has long been the largest food market on the African continent. Expenditure in the F&B sector is growing steadily and F&B production is by far the largest segment of the Nigerian processing industry. Accordingly, the demand for food and beverage ingredients is rising continuously. So it was only natural that more and more leading international ingredients companies took part in agrofood Nigeria.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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