Subscribe
Call Us : +234 80337 82 777

Dried Hibiscus Flower Export In Nigeria: The Feasibility Report

Dried Hibiscus Flower Export In Nigeria: The Feasibility Report

10,000.00

Hibiscus flowers are used in the production of tea and other medicinal uses. Hibiscus tea is a caffeine free herbal tea from a special type of hibiscus, called Roselle, the scientific name is Hibiscus sabdarrifa. Specifically, the tea is made out of the dried fruit part of Roselle, called calyx. It is in red color and tastes like berries.

Description

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 ninety percent (90%) of the Gross Domestic Product (GDP) of the country as against the less than forty percent (40%) it now contributes with crop production accounting for an estimated eighty-five percent (85%), livestock ten percent (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 seventy percent (70%) of the entire land mass of the country is arable.

Nigeria has comparative advantage in the production hibiscus flower in Africa over her counterparts due to the large arable land available for production and the condusive climatic condition.

Hibiscus (or bissap, as it is called in Senegal) is a valuable and versatile crop whose brightly coloured, star-shaped flowers are prized for their tart flavor, and can be made into a long list of by-products. Hibiscus jellies, jams, fruit pastes, traditional medicines, teas, syrups and refreshing drinks can be found in almost every market stall in West Africa. These beautiful flowers have a high concentration of vitamin C and have been proven to medically reduce high blood pressure.

Hibiscus (or bissap, as it is called in Senegal) is a valuable and versatile crop whose brightly coloured, star-shaped flowers are prized for their tart flavor, and can be made into a long list of by-products. Hibiscus jellies, jams, fruit pastes, traditional medicines, teas, syrups and refreshing drinks can be found in almost every market stall in West Africa. These beautiful flowers have a high concentration of vitamin C and have been proven to medically reduce high blood pressure.

Hibiscus flowers are multi colored and varied. About 200 species of hibiscus are known to exist, and each species has its own unique kind of flower. Hibiscus flowers are alternate, ovate to lanceolate leafs, often with a toothed or lobed margin.

The flowers are large, conspicuous, trumpet-shaped, with five or more petals, color from white to pink, red, orange, purple or yellow, and from 4–18 cm broad. Flower color in certain species, such as H. mutabilis and H. tiliaceus, changes with age. The fruit is a dry five-lobed capsule, containing several seeds in each lobe, which are released when the capsule dehisces (splits open) at maturity. It is of red and white colours.

In Nigeria, Hibiscus flower grows nearly throughout the year, though its peak production is during the dry season of November to April of the following year.

Dried hibiscus flower is used in the production of hibiscus tea. Hibiscus tea is a caffeine free herbal tea from a special type of hibiscus, called roselle, the scientific name is Hibiscus sabdarrifa. Specifically, the tea is made out of the dried fruit part of Roselle, called calyx. It is in red color and tastes like berries.

Hibiscus is perhaps most commonly known for its use as a decorative flower, with its characteristic dark red petals and mild fragrance. In addition, the tropical plant is celebrated for its medicinal properties, and has recently seen an increase in demand worldwide. A potent extract derived from the flower can be used to make a tart tasting tea, which has good antioxidant properties, and may play a role maintaining good health.

This report seeks to examine the financial viability or otherwise of packaging and exporting dry hibiscus flower from Nigeria.

The products would be shipped in twenty (20) FT container and twelve (12) tons would fill twenty (20) FT container for dry hibiscus flower.

Packaging would be in Polypropylene (PP) woven sacks of twenty-five (25) kilogramme for dry hibiscus flower.

Report Details

Report Type: Feasibility Report
Formats of Delivery: MS WORD
No. of Pages: 21
Product Code: FORA/08/2011/050
Publisher: Foraminifera Market Research
Release Date: 02/10/2013; Updated Every 3- Months
Language: English
Delivery time: 24– 48hours

Table of Contents

EXECUTIVE SUMMARY

1.0 Business Overview
1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Critical Success Factor of the Business
1.5Current Status of Business
1.6 Description of the Business Industry
1.7 Contribution to Local and National Economy
2. Marketing Plan
2.1 Description of product
2.2 Product Packaging and delivery
2.3 The Opportunity
2.4 Pricing Strategy
2.5 Target Market
2.6 Distribution and Delivery Strategy
2.7 Promotional Strategy
2.8 Competition
3. Technical Analysis
3.1 Description of the Location
3.2 Raw Materials
3.3 Production Process
3.3.1 Pre-Export Documentations in Nigeria
3.3.2 Post-Export Documentations (Exchange Control Documents)
3.4 Production Cost
3.5 Stock Control Process
3.6 Pre-Operating activities and expenses
3.6.1 Operating activities and expenses
3.7 Project Implementation Schedule
4.0 Organizational and Management Plan
4.1 Ownership of the business
4.2 Profile of the promoters
4.3 Key Management Staff
4.3.2 Management Support Units
4.4 Details of salary schedule
5. Financial Plan
5.1 Financial Assumption
5.2 Start – Up Capital Estimation
5.3 Source of Capital
5.4 Profit and Loss Account

5.5 Cash Flow Analysis

5.6 Viability Analysis

6.0 Business Risk and mitigation factor
6.1 Business Risks
6.2 SWOT Analysis

Get This Report

Are you interested in purchasing this report?

Please do pay N 10,000 into

United Bank for Africa (UBA)
Account Name: Foraminifera Market Research Limited
Account Number: 101 76 603 95

Eco Bank Plc
Account Name: Foraminifera Market Research Limited
Account Number: 274 20 569 37

After payment call us on 01 -29 52 413 / 08033782777 or email us at foraminiferamarketresearch@yahoo.com with the payment details.

After payment confirmation, the soft copy of the report would be sent to you within 24 hours.

Reviews

There are no reviews yet.

Be the first to review “Dried Hibiscus Flower Export In Nigeria: The Feasibility Report”

Your email address will not be published. Required fields are marked *

Our vision is to be a strong and visible global brand in the industries we operate in by providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand.

Follow Us On Social Media