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Over the course of the next week an Irish trade mission will seek to create new channels and strengthen existing links between Ireland, Algeria and Egypt.
Bord Bia is using the Government-led trade mission to leverage further opportunities for Irish companies to meet the rising import demand for dairy and livestock produce in the region.
North Africa has for a long time now consumed Irish product and will continue to do so as population grows even further. A fifth of Africa’s 1.2bn people reside in north Africa and consume 40% of all dairy imported into the continent.
By 2030, both countries are estimated to have a combined population of some 164m
Algeria and Egypt have a combined import requirement of 730,000t of dairy. The projected rise in population coupled with a deficit in domestic dairy production reinforce the requirement for continuing trade between the countries.
Speaking in Algiers on the first day of the trade mission, Bord Bia CEO Tara McCarthy said: “Bord Bia is increasing its focus on Algeria and Egypt, markets which offer growth opportunities at a time when our food and drink industry is energised in unlocking potential in diverse locations.
“By 2030, both countries are estimated to have a combined population of some 164m people and a requirement for close to 800,000t of dairy ingredient products, indicating a significant opportunity for Irish dairy companies, particularly milk and protein powder manufacturers and suppliers, to further their commercial success.”
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