Côte d‘Ivoire’s investments in food & beverage technology show an annual increase of 14.4%, from €68 million in 2017 to €152 million in 2023. As such, Côte d’Ivoire is the second-largest investor in food and packaging technology in West Africa, after Nigeria. (VDMA)
- More and more locally produced, higher quality and modern packaged fresh products, drinks, snacks and specialities are coming onto the Ivorian market. Due to the numerous start-ups in the food sector, the demand for machinery and equipment as well as ingredients and preliminary products is growing. In addition to the new companies, there is also a number of established Ivorian food producers that are continuing to invest in the expansion of local value and supply chains.
- Packaging technology: Ivorian imports of packaging technology have risen from €24 million in 2020 to €58 million in 2023.
West Africa imported packaging technology worth €392 million in 2022, an annual increase of 7.2% compared to €240 million in 2016. (VDMA)
Food & beverage technology imports into West Africa have risen from €496 million in 2015 to €750 million in 2022, corresponding to an annual increase of 6.1%. (VDMA)
