Market research in Ethiopia
Ethiopia is one of the continent’s fastest growing economies, in great part thanks to its large population and strong international trade network. From 2006 to 2016, the GDP sustained growth between 8 and 11%, mainly driven by large investment projects in infrastructure and progress in the agricultural and service sectors.
Ethiopia is home to a mixed market economy, with a very large public sector. However, the country is moving towards the privatization of some key government-owned enterprises. Government-owned companies operate across fields from telecommunications, transportation, and banking. Most of the population is distributed among the highlands in and around the capital of Addis Ababa. The city is both the economic and geographic centre of the country. The country is also home to the second-largest population in Africa.
Why conduct market research
The country has managed to foster strong ties to China, allowing for trade and an inflow of capital in the form of FDI. Development in the country has caused a sharp increase in demand for consumer goods.
Thanks to its geographical location, and the liberalization of its aviation industry, Ethiopia and Addis Ababa has recently become a local hub in transport for the Horn of Africa and beyond.
Ethiopia is becoming increasingly attractive as a market for businesses. It has a strong record in sustained growth and poverty reduction, with the ongoing liberalization of key sectors. Its geographical location makes its market attractive as it links the Middle East and Eurasia to Sub-Saharan Africa. As infrastructure investment comes to fruition, your business can leverage an early and effective strategy to maximize its potential in the emerging market.
Representative market data
Market research is key in allowing you to effectively implement your strategy. However, conducting a research program in Ethiopia can prove difficult due to ongoing tensions in the north of the country. However, we at Sagaci Research are able to provide accurate and representative data in very short time frames. Here are some of the services we can provide you with:
Market research methods in Ethiopia
An online panel across Ethiopia available for your needs. Receive access to our online panel and get answers to your questions from your target demographic in an incredible turnaround time. Learn more here.
Choose a category from a list of over 140, and get regular in-depth reports about your target consumers in Ethiopia. You can track the consumption habits of different demographics and regions or cities in each category. Gain access here.
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