Analysis Of Ethiopian Plastic Chemical Industry And Printing And Packaging Market

- Aug 22, 2019-

Ethiopia, with a population of 102.4 million, is the second most populous country in Africa.The capital, Addis Ababa, is just like a growing teenager. Both the construction market and the energy market have huge demands.Ethiopia is at the center of the Horn of Africa and is landlocked.It borders Djibouti and Somalia in the east, Sudan in the north, Eritrea in the north, and Kenya in the south. Its geographical location is very important.We attach importance to strengthening friendly cooperation with neighboring countries, strive to develop relations with western and Arab countries, and strive for economic assistance.Agriculture and animal husbandry are the main industries and the industrial base is weak. At a time when African countries are paying more attention to infrastructure and sustainable development, entering and exploiting the Ethiopian market will mean multiple returns. 

Since the establishment of diplomatic relations between China and Ethiopia more than 40 years ago, economic and trade cooperation has been mutually beneficial and has continuously improved.In recent years, Ethiopia has made great efforts to implement the policy of opening up to the outside world, implement the policy of market economy and privatization, encourage foreign investors to invest in Ethiopia, actively improve the investment environment and increase the investment policy. 

In recent years, Ethiopia's manufacturing and retail industries have developed rapidly, attracting global attention.Accordingly, the rubber chemical industry and the packaging and printing industry, which provide supporting services, have also become the focus of attention. 

According to Girma Regassa, acting general manager of the pulp, paper, printing and packaging industry, Ethiopia's plastics industry faces a huge supply gap.As the packaging industry is in its infancy, the 4 billion bill industry faces a serious shortage of raw materials.