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FMCG, pharma trade in Jafza posts 20% growth

Published on June 2 2014

Fast Moving Consumer Goods (FMCG) and pharmaceutical companies based in Jafza generated trade worth Dh13.3 billion in 2010 compared to Dh2.8 billion in 2001, registering a Compound Annual Growth Rate (CAGR) of 20 per cent in the last decade.

The figures reflect trade generated by sales in food products, toiletries, cosmetics, pharma products and other similar goods.

Jafza officials announced these figures at the 6th Strategic Customer Forum held specifically for Free Zone customers in the FMCG and Pharmaceutical Sectors. In 2000 there were 105 companies in the FMCG segment operating in Jafza. That number has since grown rapidly to 444 companies in July 2011.The number of Pharmaceutical companies during the same period has grown more than four folds rising from 59 in 2000 to 259 in July, 2011.