In the past 19 years Azerbaijan has been developing as an independent country, and managed to guarantee its significant place in the region and international scene.
Azerbaijan has 39 bilateral treaties on the mutual protection of investments and 39 treaties on exemption of double taxation.
Azerbaijan, a top reformer in World Bank’s “Doing Business” previous report, ranks 38th now while it jumped to 33 on the list from 97 last year after having completed 7 out of 10 regulatory reforms by which Doing Business ranks countries. Now the country is one of the most rapidly recovering economies in the world.
Azerbaijan is one of the world’s oldest agricultural centres. The country’s climatic diversity allows a very broad range of crops to be cultivated. At the moment agriculture accounts for approximately 15% of domestic product. The sector is growing rapidly. Agriculture and related sectors are the principle employers in the country. Following almost full denationalization of the sector (at the moment circa 99% of the sector is in private ownership) a number of steps were taken by the government to support the farmers as well as producers of processed a/c products. Azerbaijani fruits, vegetables, wines and brandy have become brands of Azerbaijan in the region.
Azerbaijan’s economy has grown by more than 1000% over the last 10 years. It is one of the most effective recoveries among transition economies.
In 2011 in Azerbaijan is expected to increase agricultural output by six percent compared with last year. In 2010, the total volume of agricultural products amounted to actual prices 4.85 billion doll.
About the exhibition
The World Food Azerbaijan Exhibition is an important and significant event in the regional food industry. In past years, the event became an effective business gathering where professionals can establish new relationships and find new partners, and adopt new technology.
Facts from the exhibition in 2011:
The exhibition area spanned 2,100 sq. m;
Participants attended from 100 companies from 19 countries;
4514 professional visitors were present.
WFA will present 4 expositions under 1 roof:
WORLDFOOD
WORLDFOODTECH
WORLDDRINK
HALALFOOD
WORLDFOOD
Meat and fowl
Dairy products, ice-cream
Fat-and-oil products
Canned food
Confectionery and baked products
Groceries
Vegetables and fruits
Frozen products
Children’s and dietetic food
Tobacco products
Food adjuncts and ingredients
Fish and seafood
Delicacies and exotic seafood
WorldFoodTech
Meat- and fish-processing equipment
Laboratory analysis equipment
Equipment for macaroni and ravioli
production
Canning equipment
Bread-making equipment
Dairy industry equipment
Fat-and-oil industry equipment
Confectionary industry equipment
Bottling equipment
Packages and packing equipment
Refrigerating equipment
Supermarket equipment
Processing, refrigeration and freezing equipment for the fishing industry
Storage, transport and packing equipment for seafood
WorldDrink
Soft drinks
Alcoholic drinks
Tea
Coffee
Natural juices
Exotic drinks
Energy drinks
HalalFood
It is estimated that 70% of Muslims worldwide follow halal food standards, and that the global halal market is currently a $580 billion USD industry.
95% population of Azerbaijan is Muslim. During the period of country’s independence there is increasing attention from population to the consumption of Halal products. Large number of specialized Halal companies was established.
In spite of huge growth of enterprises in this sector, production doesn’t cover growing demand.
Azerbaijan’s profit from the sale of oil products will amount to $400 billion over the next 20 Years
Azerbaijan fully satisfies domestic demand for the majority of food products. In addition, the country’s geographical location makes possible the profitable export of agricultural products not only to the neighboring markets of Russia, Iran, Turkey and Georgia, but also to world markets.
Don’t loose rare opportunity to grab your market share!