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Gum Arabic Export In Nigeria; The Feasibility Report.

Gum Arabic Export In Nigeria; The Feasibility Report.

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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.

Description

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 Gum Arabic in Africa over her counterparts due to the large arable land available for production and conducive climatic condition.

Presently Nigeria is the second largest producer and export of Gum Arabic in the world and Foraminifera Market Research seeks to expose the investment opportunity in the export of the product through this feasibility report.

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.

Gum Arabic is used as thickeners, suspender, emulsifier, stabilizer, flavour carrier, binder and encapsulating material and there is constant need for the product.

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

Table of Content

Table of Contents

1. Introduction
1.1 Executive Summary
1.2 Business Opportunity
1.3 Country Background

2. Technical Analysis
2.1 The Project
2.2 Product Description
2.3 Product Location and Distribution
2.4 Legal Considerations
2.4.1 Pre-Export Documentations in Nigeria
2.4.2 Post-Export Documentations (Exchange Control Documents)

3. Opportunity

3.1 Market Overview
3.2 Demand and Supply
3.3 Customer Profile
3.4 Primary Competition
3.5 Competitive Advantage

4. Managing Contract Negotiations and Export Operations

5. Socio- Economic and SWOT Analysis of the Project
5.1.1 Generation of Employment
5.1.2 Source of Government Revenue
5.1.3 Foreign Exchange Generation
5.1.4 Technological Transfer
5.1.5 Increase in Gross Domestic Product (GDP)
5.2 SWOT Analysis

6. Risk Identification and Mitigation Strategy
6.2 Critical Success Factor

7. Financial Analysis

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Report Details

Report Type: Feasibility Report
Formats of Delivery: MS WORD
No. of Pages: 29
Product Code: FORA/08/2011/031
Publisher: Foraminifera Market Research
Release Date: 02/10/2013; Updated Every 3- Months
Language: English
Delivery time: 24– 48hours

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