Wednesday, 24 June 2015

Nigeria's fast-growing demand for packaging


Over the past five years, with Nigeria increasing number of medium-sized retail market, along with the rapid growth in demand for packaging.

According to the latest data show that sales of the flexible packaging market in Nigeria was $ 245 million, second only to South Africa's second-largest flexible packaging market. Imported products has been dominated by a large proportion, currently about 60%. As monosodium glutamate, chicken, soup block the world's largest consumer market, Nigeria's monthly consumption of up to more than 10,000 tons; biscuits, candy, instant noodles and other products on the market is also popular; Nigeria every year about 12,000 tons of tea to be imported to meet domestic needs of the market; beverages mainly varieties with hot weather thirst-quenching drink based, such as mineral water, tea drinks, fast-growing youth population also led to carbonated drinks, fruit juices and functional beverages imported in large quantities.

According to industry analysts, the current Nigerian food-related industry output accounted for 4.6% of Nigeria's GDP, food and beverage manufacturing sector accounted for 22 percent of Nigeria's total manufacturing output, is Nigeria's largest manufacturing sub-sectors, increasing the number of plastic packaging business to nearly 3000. Food processing and packaging machinery imports increased from 198 million pounds in 2010 to 2013 of 331 million pounds, of which packaging machinery imports increased from 86 million pounds in 2010 to 2013 of 182 million pounds. Although in recent years, Nigeria's food packaging industry has been developing rapidly, but locally manufactured products are still only meet 66% of the Nigerian market demand.

The future, as the middle class grows, improve and popularize the retail market, food packaging industry in Nigeria will continue to maintain a rapid growth momentum.

According to statistics, in recent years, trade between China and Africa has maintained a steady growth. Africa's trade with China has exceeded $ 200 billion, of which trade with South Africa reached $ 50 billion. Due to historical reasons, the West's products in the African region accounted for the major markets. Now, with the increase from Chinese products, Chinese products in the local has a certain awareness.

As we all know, Africa is a region rich in natural resources, but the resources are always exhausted one day, the local government and people actually recognize this. Many countries in Africa have developed a long-term economic development plan, including the establishment of a diversified industrial system, vigorously develop the textile industry, manufacturing and information industries. Currently, some of these programs have been implemented. The planning and implementation process for Chinese enterprises create a lot of opportunities.

It is reported that agriculture is the main industry in the development of the West African country's economy, to overcome the preservation of crops, to improve the current state of the backward agricultural products distribution, vigorously develop the food processing industry in West Africa. It expects huge demand for machinery local preservation potential. Our vendors want to expand the West African market, can machinery for food preservation, such as dehydration preservation of machinery and equipment, vacuum packaging equipment, noodles machine, candy machine, pasta machine, food processing machinery and equipment and other packaging equipment to strengthen the sales efforts.

    Source: Chinese food

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