Import/Export, Wholesale And Retail Trade

RAW CASHEW NUT EXPORT IN NIGERIA; NON-OIL EXPORT OPPORTUNITY IN NIGERIA.

Cashew is the common name for a tropical and subtropical evergreen tree, Anacardium occidentale L., in the flowering plant family Anacardiaceae.

It is also the name for the commercially important kidney-shaped, nut like seed of this plant, which is edible when roasted or cooked (New World Encyclopaedia, 2008). The plant is a native of Tropical Central and South America, notably North Eastern Brazil, from where the Portuguese explorers introduced it into Nigeria in the 15th/16th century.

In Nigeria, Cashew nuts are produced in 28 states of the Federation and the Federal Capital Territory (FCT). In 2004, Nigeria’s production of cashew amounted to 60,660 tonnes out of which, 30,510 tonnes were exported at a value of US$22.27 million.

Worldwide, trade in cashews exceeds US$2 billion and demand is increasing. Of the total world supply, 110 000 tonnes are traded on international markets. There is great investment opportunity for the processing and export of the commodity in Nigeria.

Nigeria is the 6th largest producer of cashew in the world after India, Brazil, Vietnam, Guinea Bissau and Tanzania. Like most African producers, most of Nigeria’s production are exported in raw form to India and Vietnam for processing and export with added value and benefits to those economies. Vietnam, for example entered the field of cashew production for export in the early 80’s about the same time Nigerians became aware of the commercial significance of cashew.

The United States is the largest importer of cashew kernels, accounting for over 50 percent of world imports. Other importers include the Netherlands (ten percent), Germany (seven percent), Japan (five percent) and the United Kingdom (five percent). The former Soviet Union was previously a major importer of cashew kernels, but with recent economic changes, trade to this part of the world has diminished. Other emerging markets include the Middle East, South East Asia and Australia.

There is an urgent need for the injection of more funds by the Government into the Nigerian cashew processing sector in order to add value to the products such that processed kernels are exported. The Nigerian cashew nuts are of high quality and its processed kernels have wide acceptability in European and American markets.

The return on investment on the export of raw cashew nuts is estimated between 10%- 15%.

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Foraminifera Market Research Limited (www.foramfera.com) is part of a family of businesses, which includes several brands such as

Hausworth Nigeria Limited owners of

365 Home Improvement — www.365homeimprovement.com (Nigeria’s One Stop Home Improvement Portal)
365 Property Portal — www.365propertyportal.com (Property listing, building materials sales and movers in Nigeria)

Kyneli Business Support Services owners of

www.365campaigner.com

365 Campaigner is a complete suite of social collaboration, communication and management tools for your team. From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals.
———————————————————————————————————————

At Foraminifera Market Research (www.foramfera.com), we provide bespoke and up to date market research reports. Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our detailed feasibility report on the export of raw cashew nuts in Nigeria by clicking on the link below.

Report Title: RAW CASHEW NUTS EXPORT IN NIGERIA

RAW CASHEW SUPPLY TO LOCAL INDUSTRY IN NIGERIA
CASHEW KERNEL AND CASHEW NUT SHELL LIQUID PRODUCTION IN NIGERIA; THE FEASIBILITY REPORT.
GALLSTONE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
GUM ARABIC EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HARDWOOD CHARCOAL EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
COCOA BEANS TRADING AND EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HIBISCUS FLOWER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HOW TO MAKE HUGE PROFIT SUPPLYING COWPEA {BEANS} TO LOCAL INDUSTRIES IN NIGERIA.
COLUMBITE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
RAW CASHEW NUTS EXPORT IN NIGERIA
RAW CASHEW SUPPLY TO LOCAL INDUSTRY IN NIGERIA
GROUND NUTS EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
DRY SPLIT GINGER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

Access our other Market Research Reports or investment opportunities in Nigeria by clicking on the link below

MARKET RESEARCH REPORTS IN NIGERIA
INVESTMENT OPPORTUNITIES IN NIGERIA

Do you require a business plan or feasibility report on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 (Monday – Saturday; 8 am – 5 pm)

Mobile Number: +234 (0) 8033782777;+ 234 (0) 908 335 7733 (Monday – Saturday; 8 am – 6 pm)

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

GALLSTONE PROCESSING AND EXPORT IN NIGERIA; THE OPPORTUNITIES.

Gallstone is a crystalline concretion formed within the gallbladder by accretion of bile components. These calculi are formed in the gallbladder, but may pass distally into other parts of the biliary tract such as the cystic duct, common bile duct, pancreatic duct, or the ampulla of Vater.

Presence of gallstones in the gallbladder may lead to acute cholecystitis, an inflammatory condition characterized by retention of bile in the gallbladder and often secondary infection by intestinal microorganisms, predominantly Escherichia coli and Bacteroides species. Presence of gallstones in other parts of the biliary tract can cause obstruction of the bile ducts, which can lead to serious conditions such as ascending cholangitis or pancreatitis. Either of these two conditions can be life-threatening, and are therefore considered to be medical emergencies.

Though a life threaten disease to rumirants, gallstone is a source of wealth for the rearers. This clay like solid substance, golden brown coloured when dry and fully processed. It is about the size of a peanut or a medium size bitter kola and could be as big as a pigeon’s egg. Sometimes, it can be up to the size of ordinary eggs and weigh between 18 to 20 grammes if wet and unprocessed.

Gallstones are used for medical research in developed countries like USA, Canada, UK and Asian countries. They are usually collected by pharmaceutical companies for further processing.

Gallstone has an established market in developed countries where they are used in the pharmaceutical industry. The market is guaranteed and can take as much quantity as supplied and to encourage more supplies from the exporter, buyers usually offer higher prices with a time –line to supply to desired quantity.

As an example, special prices offer of $16.50 per gramme for whole gallstone, 2/3 the price for broken or slightly calcified stones and 1/3 for tiny, powder like stones. Rough surface stone, completely calcified stone, very poor quality stones and even pippings that are normally rejected were offered to be paid for at a price of $5.5 per gramme and a deadline for the supply of the product was given.

It is pertinent to also say at this stage that the business of gallstone export has been going on for quite sometime throughout the world, although only very few people know about this lucrative business in Nigeria.

The market is large, expanding and sustainable as the price keeps increasing throughout the world. Those few Nigerians that are aware of it have made their cool millions doing the business. Be part of it.

The return on investment on the export of gallstone ranges from 10% to 15%.

———————————————————————————————————————
Foraminifera Market Research Limited (www.foramfera.com) is part of a family of businesses, which includes several brands such as

Hausworth Nigeria Limited owners of

365 Home Improvement — www.365homeimprovement.com (Nigeria’s One Stop Home Improvement Portal)
365 Property Portal — www.365propertyportal.com (Property listing, building materials sales and movers in Nigeria)

Kyneli Business Support Services owners of

www.365campaigner.com

365 Campaigner is a complete suite of social collaboration, communication and management tools for your team. From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals.
———————————————————————————————————————

At Foraminifera Market Research (www.foramfera.com), we provide bespoke and up to date market research reports. Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our detailed feasibility report on the export of gallstone in Nigeria by clicking on the link below.

GALLSTONE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
GUM ARABIC EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HARDWOOD CHARCOAL EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
COCOA BEANS TRADING AND EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HIBISCUS FLOWER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HOW TO MAKE HUGE PROFIT SUPPLYING COWPEA {BEANS} TO LOCAL INDUSTRIES IN NIGERIA.
COLUMBITE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
RAW CASHEW NUTS EXPORT IN NIGERIA
RAW CASHEW SUPPLY TO LOCAL INDUSTRY IN NIGERIA
GROUND NUTS EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
DRY SPLIT GINGER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

Access our other Market Research Reports or investment opportunities in Nigeria by clicking on the link below

MARKET RESEARCH REPORTS IN NIGERIA
INVESTMENT OPPORTUNITIES IN NIGERIA

Do you require a business plan or feasibility report on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 (Monday – Saturday; 8 am – 5 pm)

Mobile Number: +234 (0) 8033782777;+ 234 (0) 908 335 7733 (Monday – Saturday; 8 am – 6 pm)

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

GUM ARABIC EXPORT IN NIGERIA; NON-OIL EXPORT OPPORTUNITY IN NIGERIA.

Though the second leading exporting nation for Gum Arabic in the world, Nigeria is yet to take advantage of the vast opportunity that exist in the export and value addition of Gum Arabic.

Nigeria’s actual production of gum Arabic which is estimated at over 19,000 does not reflect her potentials which can be harnessed by harvesting more products from the wild.

Gum Arabic (Acacia Senegal) Gum Acacia, also known as Gum Arabic, is a natural gum harvested from the exterior of Acacia trees in the form of dry, hard nodules up to 50 mm in diameter, and ranging from almost colourless to brown.

FACTS ABOUT GUM ARABIC

History: In most of history, Gum Arabic has been used for cooking and medicinal purposes, as well as for making of ink used in illuminated manuscripts.

Estimated National Production: Nigeria produces about 19,000 MT of Gum Arabic annually.

Export from Nigeria: Nigeria is the second leading exporter of Gum Arabic in the world.

Types: There are there grades of Gum Arabic, Grade 1, 2, and 3.

Uses: Gum Arabic is used as thickener, suspender, emulsifier, stabilizer, flavour carrier, binder and encapsulating material. In addition, it is used in confectionaries, food, beverages, pharmaceuticals and chemical industries.

Areas of Production: Production of Gum Arabic covers 14 States of the Federation namely Borno, Yobe, Jigawa, Bauchi, Gombe, Taraba, Plateau, Adamawa, Sokoto, Kebbi, Katsina, Zamfara, Nasarawa and Niger with an estimated population of 4 million Nigerians engaged in its cultivation and trade.

There are over 1,100 Acacia species worldwide. However Acacia Senegal and Acacia Seyal are the most commercially exploited species.

Nigeria has three grades of Gum Arabic namely;

Acacia Senegal (grade 1)
Acacia seyal (Grade 2)and
Combretum (Grade 3).

The major Acacia utilized for commercial Gum Arabic production in Nigeria are Acacia Senegal and Acacia seyal. Nigeria is the 2nd largest producer of the crop in the world after Sudan with average production of 20,000 metric tonnes of all grades of Gum Arabic.

In the year 2004, world production of Gum Arabic was put at 70,000 metric tonnes while Nigeria’s production amounted to 18,935 metric tonnes with export earnings of US$88.08 million.

Gum Arabic is used for its properties as an emulsifier, thickener, binder, stabilizer and adhesive. It is believed that soft drinks and confectionary represent 70 percent of the demand for gum arabic.

Gum arabic is generally used as an additive which represents a small portion of the cost of the finished product. It is regarded by end users as having technical advantages which makes it difficult to replace completely in many applications.

This makes demand for gum quite price inelastic; supply is the key factor on the demand side.

Demand for gum arabic is driven up by the increasing world consumption of soft drinks and sweets. It is reinforced by the attention given by consumers to food products’ quality and naturalness. Because of its high fiber content, gum arabic has recently found a new range of applications in the dietetic food and health sub-sectors.

Four processors account for about 70 percent of the world trade of raw gum. Based in Europe and the USA, they buy raw gum for further transformation and re-sale as additive for the industry. The USA is the largest single market for gum arabic, accounting for approximately 30 percent of the total trade. Europe is around 20 percent of the world trade.

Confectionary represents the major use for gum in Europe while soft drinks production is the largest in the USA. Japan accounts for a little less than 10 percent of world trade. India, South Korea and China are emerging markets; it is believed that the demand from these countries is mainly for talha.

The return on investment on the export of Gum Arabic is estimated between 10 %- 15% per transaction .

———————————————————————————————————————
Foraminifera Market Research Limited (www.foramfera.com) is part of a family of businesses, which includes several brands such as

Hausworth Nigeria Limited owners of

365 Home Improvement — www.365homeimprovement.com (Nigeria’s One Stop Home Improvement Portal)
365 Property Portal — www.365propertyportal.com (Property listing, building materials sales and movers in Nigeria)

Kyneli Business Support Services owners of

www.365campaigner.com

365 Campaigner is a complete suite of social collaboration, communication and management tools for your team. From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals.
———————————————————————————————————————

At Foraminifera Market Research (www.foramfera.com), we provide bespoke and up to date market research reports. Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our detailed feasibility report on the export of gum arabic export in Nigeria by clicking on the link below.

GUM ARABIC EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
GUM ARABIC PROCESSING IN NIGERIA, THE FEASIBILITY REPORT.
GUM ARABIC LOCAL SUPPLY TO INDUSTRIES IN NIGERIA
GALLSTONE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
GUM ARABIC EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HARDWOOD CHARCOAL EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
COCOA BEANS TRADING AND EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HIBISCUS FLOWER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HOW TO MAKE HUGE PROFIT SUPPLYING COWPEA {BEANS} TO LOCAL INDUSTRIES IN NIGERIA.
COLUMBITE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
RAW CASHEW NUTS EXPORT IN NIGERIA
RAW CASHEW SUPPLY TO LOCAL INDUSTRY IN NIGERIA
GROUND NUTS EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
DRY SPLIT GINGER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

Access our other Market Research Reports or investment opportunities in Nigeria by clicking on the link below

MARKET RESEARCH REPORTS IN NIGERIA
INVESTMENT OPPORTUNITIES IN NIGERIA

Do you require a business plan or feasibility report on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 (Monday – Saturday; 8 am – 5 pm)

Mobile Number: +234 (0) 8033782777;+ 234 (0) 908 335 7733 (Monday – Saturday; 8 am – 6 pm)

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

HARDWOOD CHARCOAL EXPORT IN NIGERIA; NON-OIL EXPORT OPPORTUNITY IN NIGERIA.

Until the late 1970’s when hydrocarbon was discovered in commercial quantity in Oloibiri, present day Bayelsa state, Agriculture remained the mainstay of the economy contributing over 90% of the Gross Domestic Product (GDP) of the country as against the less than 40% it now contributes with crop production accounting for an estimated 85%, livestock 10% and the balance made up by fisheries and forestry.

Any nation that requires economic development must look inwards to identify areas where it has comparative advantage over other nations and seek to develop the identified areas.

Apart from hydrocarbon, Nigeria has comparative in the Agricultural sector where a variety of products are produced due to the favorable climatic condition ,good soil condition and the fact that over 70% of the entire land mass of the country is arable.

Nigeria has comparative advantage in the production and export of hardwood charcoal in Africa over her counterparts due to the large arable land available and the conducive climatic condition for the production of hardwoods.

The cry for alternative energy sources due to the effects of global warming has put charcoal in the forefront of the global market. A large market exists in Europe and Asia with prices ranging from $170 to $300 per MT depending on the mode of packaging. The charcoal production industry is a multi-billion dollar industry and a money spinner for savvy investors to position themselves.

FACTS ABOUT HARDWOOD CHARCOAL

History: Historically, production of wood charcoal in districts where there is an abundance of wood dates back to a very ancient period and generally, consist of pilling billets of wood on their ends so as to form a conical pile, openings being left at the bottom to admit air with a central shaft to serve as a flue { Wikepedia}

Estimated National Production: There is no exactly figure of the national production of charcoal in Nigeria. It is however estimated between 1 million – 1.5 million MT {Foraminifera Market Research}

Export from Nigeria: Though the history charcoal production in Nigeria is not properly documented but it is not until the enthronement of democracy in 1999 that reinforced the implementation of many export policies that charcoal was first exported in Nigeria. At the moment, Nigeria exports hundreds of thousands of charcoal annually.

Types: Commercial charcoal is found in either lump, briquette or extruded form. Charcoal can also be classified as sparkling or non- sparklingly.

Uses: Though charcoal is commonly used as fuel, they are also used in purification / filtration, art, medicine and horticulture.

Areas of Production: In Nigeria, charcoal is produced in every state of the federation.

Production of charcoal is one that transforms raw logs into black coloured coal-like materials after disposing off the moisture and organic substances within. The remnant solid will retain the heat giving combustible materials.

Charcoal is mainly produced from tropical hardwood, although there are other sources. The process of production is called PYROLYSIS. This entails burning of wood under high temperature in the absence of air.

Charcoal is used as fuel in cooking, barbeque and heating and casting bronze and other metals.

Hard wood charcoal can be produced year round. However it generally advised that charcoal production and export should be done during the dry season (from November to May).

Production and export of charcoal during the raining season could be rejected by buyers because of the high moisture content (more than 10%) that usually characterized the charcoal produced during this period.

Charcoal is available in virtually every part of Nigeria as many local communities have perfected the act of charcoal production.

Some known depot in Nigeria includes Isheyin, Ogbomosho, Saki Igbo-Ora all in Oyo state, Minna in Niger State, Jos in Plateau State, Kaduna in Kaduna State, Kabba in Kogi State and Makurdi in Benue State.

Charcoal, because of it uses, is a seasonal product in some clime while in others they require it all year round.

In Europe, the sales season starts from May to August because this is their summer time. The Europeans starts giving order from September to May. Though some big time importers in Europe buy all year round.

In countries like Kuwait, Israel and some other Asia countries, it is all year round and orders are placed from January to December.

For the purpose of this write-up, the international standard specification of hardwood charcoal if given below

Ash content:                          3% -4%max

Volatile matter:                     5-10% max

Wood matter:                        2-4% max

Size:                                       20-120mm

Carbon:                                 65%-80%

Moisture content:                 8% max

The return on investment on the export of hardwood charcoal ranges from 10% to 25% per transaction.

———————————————————————————————————————
Foraminifera Market Research Limited (www.foramfera.com) is part of a family of businesses, which includes several brands such as

Hausworth Nigeria Limited owners of

365 Home Improvement — www.365homeimprovement.com (Nigeria’s One Stop Home Improvement Portal)
365 Property Portal — www.365propertyportal.com (Property listing, building materials sales and movers in Nigeria)

Kyneli Business Support Services owners of

www.365campaigner.com

365 Campaigner is a complete suite of social collaboration, communication and management tools for your team. From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals.
———————————————————————————————————————

At Foraminifera Market Research (www.foramfera.com), we provide bespoke and up to date market research reports. Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our detailed feasibility report on the export of charcoal in Nigeria by clicking on the link below.

HARDWOOD CHARCOAL EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
Hardwood Charcoal Packaging And Export In Nigeria;The Feasibility Report.
Sawdust Briquettee Production In Nigeria For The Local And Export Market; The Feasibility Report.
GALLSTONE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
GUM ARABIC EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
COCOA BEANS TRADING AND EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HIBISCUS FLOWER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HOW TO MAKE HUGE PROFIT SUPPLYING COWPEA {BEANS} TO LOCAL INDUSTRIES IN NIGERIA.
COLUMBITE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
RAW CASHEW NUTS EXPORT IN NIGERIA
RAW CASHEW SUPPLY TO LOCAL INDUSTRY IN NIGERIA
GROUND NUTS EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
DRY SPLIT GINGER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

Access our other Market Research Reports or investment opportunities in Nigeria by clicking on the link below

MARKET RESEARCH REPORTS IN NIGERIA
INVESTMENT OPPORTUNITIES IN NIGERIA

Do you require a business plan or feasibility report on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 (Monday – Saturday; 8 am – 5 pm)

Mobile Number: +234 (0) 8033782777;+ 234 (0) 908 335 7733 (Monday – Saturday; 8 am – 6 pm)

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

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