Ireland’s leading dairy ingredient suppliers are set to strengthen business ties with key Egyptian retailers and food manufacturers through a dairy forum hosted by the Irish Food Board.

Bord Bia (The Irish Food Board) is the Irish government agency charged with the promotion, trade development and marketing of the Irish food, drink and horticulture industry. Headquartered in Dublin, Bord Bia has a network of 15 overseas offices, including Africa. Following on from a successful Irish government-led trade mission to Algeria in 2020, Bord Bia is hoping to use the virtual Egypt Ireland Dairy Ingredients Forum to connect Irish dairy suppliers with new and existing Egyptian business partners.

In response to a demand for dairy products, Egypt has witnessed a 47% growth in total dairy imports over the past 10 years, of which Ireland has been a key supplier. The total value of Irish dairy exports to Africa for 2020 was €658m, meanwhile, Irish dairy exports to Egypt were worth €52 million during the same year; one that witnessed a 3% uplift in the value of international dairy exports from Ireland to €5.2bn.

Speaking about the Dairy Ingredients Forum, which is set to be a matchmaking event and a quick and easy way to meet potential cooperation partners, Bord Bia’s Regional Director for Africa, Nicolas Ranninger, said this current wave of trade activity will aim to build on Ireland’s reputation as a safe, trustworthy and sustainable supplier of dairy to Egypt. “The Irish Dairy industry continues to innovate, investing in almost US$3bn in the last 5-10 years on world class production facilities with an emphasis centered on quality, safety and production of superior dairy products to meet customer applications and consumer needs,” he said. As far as market status is concerned, Ranninger went on to add that “Egypt has witnessed a 47% growth in total dairy imports over the past 10 years and has one of the highest dairy consumptions in Africa, at 98 litres per capita.”  The specific demand for Irish dairy in Egypt has doubled in value over the last five years, driven by demand for cheese which accounts for two thirds of this trade. According to the annual Performance and Prospects report for the Irish food and drink industry for 2020, Ireland stands as the largest supplier of cheddar cheese to Egypt with cheese accounting for half of total exports. 

Food is Ireland’s number one indigenous industry and we are extremely proud that our food and drink industry is a solutions-driven industry,” Ranninger clarified, “Our natural grass-based farming methods, our competitive and innovative dairy processing industry, together with our rigorous system of food safety controls, have allowed Ireland to develop a strong, internationally-recognised dairy sector. Despite the Covid-19 crisis with production and logistics challenges, our industry has been resilient and committed to supply the Egyptian market with our best quality products through 2020 and will remain a privileged partner for the Egyptian industry”. 

The Egypt Ireland Dairy Ingredients Forum is the second forum to be hosted by Bord Bia in the market in two years and will include detailed contributions from research agency GIRA on market trends, and how Covid-19 is influencing consumer behaviour. The seminar will culminate with a schedule of targeted business meetings for Egyptian processors with Irish dairy companies.

-Ends- 

About Bord Bia/The Irish Food Board

Bord Bia/Irish Food Board was established by an act of the Irish parliament (the Dáil) on 1 December 1994. It brought together the former CBF (Córas Beostoic agus Feola - the Irish Meat and Livestock Board) and the food promotion activities of An Bord Tráchtála/the Irish Trade Board, now part of Enterprise Ireland. In July 2004 responsibility for the development of the horticultural industry in Ireland, which rested with the former Bord Glas, was integrated into Bord Bia. On the 1 June 2009 the responsibility for seafood promotion in domestic and international markets was transferred from BIM (Bord Iascaigh Mhara) to Bord Bia. Headquartered in Dublin, Bord Bia supports the national and international ambitions of Irish food, drink and horticulture businesses through its highly focused organisational structure and its network of offices in EMEA, Asia and the USA. For more information visit: https://egyptian-irish-dairy-ingredients-digital.b2match.io/ 

For more information, please contact:
Media Waves
20822039 – 93
01222185452
Ms. Sara El Gendy
Mobile: 01001078221
Email: sara.elgendy@mediawaves.net 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.