Post by Trade facilitator on Dec 30, 2017 20:36:35 GMT 1
Nigeria is the third world’s largest producer of cassava tubers after Zaire and Brazil, with total annual output of over 15 million metric tons per annum. There has also been an improvement in cassava varieties in Nigeria which has led to this phenomenal growth in its production.
No doubt, the lifting of ban on export of cassava products by the federal government of Nigeria in 1997 is a laudable step in its right direction.
Cassava chips and pellets are the acceptable form through which cassava can be exported. Cassava chips/pellets are used in producing ethanol, glucose, flour, livestock feed, starch, biscuits, bread, adhesives etc.
The demand for cassava chips and pellets is worldwide. The first stage scale commercial user of cassava chips as livestock farmers of the United Kingdom; the federal republic of Germany (FRG), Netherlands, and France. The products are also widely demanded in Taiwan, Asia and USA (Details will be provided when one enquires from the writer.)
The local market demand is also very encouraging.
Research findings indicated that demands for cassava chips and pellets are high as over 10 million metric tons annually. Supply of the product on the other hand is inadequate and falls short of the above demand figure.
This is because there are very few companies producing these products in Nigeria and world-wide presently. Precisely supply of cassava chips and pellets is just 30 percent of the total demand. In 2006 ending, a shortfall in the supply of 13.5 million tones existed and this increased to 15.6 million as at mid-2008. The figure has doubled in the year 2010 and bound to increase further as demand increases everyday all over the world, this point to the fact that there are large opportunities existing for investors in the country.
Investment in commercial cassava farming is encouraging not only that it can generate employment opportunities. It is crop that can grow very well in all parts of the country. With the present Government of President Mahammadu Buhari and Minister of Agriculture, Chief Audu Ogbe determination to generate employment through Agriculture and increase the export base, it becomes important that growing of those crops in which Nigeria has comparative advantage should be considered.
Processing of cassava into cassava chips & pellets for export is also considered.
The main machinery / equipment required for this project consists of cassava peeling machine, automatic washing machine, cassava grater, motorised machine, grinding and dryer, automatic chipping system machine, automatic pelletising machine, weighing scales, washing tanks and packaging bags.
The only raw materials are cassava tubers (which is 100 percent available and abundantly found in the country) and water.
The required machinery for this project is locally available. The spare parts can also be procured locally. We provide the required plants and machinery with guaranteed after-sales-services.
The normal capacity of the plant in over five tones of chip per day and five tones of pellet per day in one shift of eight hours. The plant will at full capacity process 1500 tons of chips and pellets per annum, working for 300 days in a year.
It is important to mention that this project can be sited in any part of the country preferably where accessibility of cassava is assured.
The production process is very simple. The raw cassava tubers are automatically peeled, washed and then followed by chipping or palleting and drying to required moisture level.
Weighing and bagging complete the processing. The finished product can be bagged in 50kg jute bag. Since the products are always demanded in metric tons by the end user, it is advisable to package as such.
The packaging materials are 100 percent locally available.
The international prices for chips & pellets fluctuate between US$2,200 and US$2,500 per metric ton. It should be noted that this price keeps on fluctuating. It is pertinent to mention that it is very important to adhere strictly to the international standard. Failure to do so may result to rejection of the processed products by foreign buyers.
For details of the addresses and contact of the foreign buyers please contact the writer. Locally, it is sold for N1800,000 per ton. Since the machine will process 1500 tons of pellets and chips per annum, working for 300 days, the total sales revenue is US$93.6 million from which total inputs of N15,100 million is deducted, thus realising a gross profit of N87.5 million in the first year operation. For further clarification contact the writer.
In conclusion, this project has been found to be socially desirable, economically worthwhile, technically, feasible and highly profitable.
For detailed information on the project in the areas of comprehensive & bankable feasibility studies/reports, export information’s in respect of foreign buyers and international standard required, packaging requirements etc. please contact The Thy Global Investment Limited.
No doubt, the lifting of ban on export of cassava products by the federal government of Nigeria in 1997 is a laudable step in its right direction.
Cassava chips and pellets are the acceptable form through which cassava can be exported. Cassava chips/pellets are used in producing ethanol, glucose, flour, livestock feed, starch, biscuits, bread, adhesives etc.
The demand for cassava chips and pellets is worldwide. The first stage scale commercial user of cassava chips as livestock farmers of the United Kingdom; the federal republic of Germany (FRG), Netherlands, and France. The products are also widely demanded in Taiwan, Asia and USA (Details will be provided when one enquires from the writer.)
The local market demand is also very encouraging.
Research findings indicated that demands for cassava chips and pellets are high as over 10 million metric tons annually. Supply of the product on the other hand is inadequate and falls short of the above demand figure.
This is because there are very few companies producing these products in Nigeria and world-wide presently. Precisely supply of cassava chips and pellets is just 30 percent of the total demand. In 2006 ending, a shortfall in the supply of 13.5 million tones existed and this increased to 15.6 million as at mid-2008. The figure has doubled in the year 2010 and bound to increase further as demand increases everyday all over the world, this point to the fact that there are large opportunities existing for investors in the country.
Investment in commercial cassava farming is encouraging not only that it can generate employment opportunities. It is crop that can grow very well in all parts of the country. With the present Government of President Mahammadu Buhari and Minister of Agriculture, Chief Audu Ogbe determination to generate employment through Agriculture and increase the export base, it becomes important that growing of those crops in which Nigeria has comparative advantage should be considered.
Processing of cassava into cassava chips & pellets for export is also considered.
The main machinery / equipment required for this project consists of cassava peeling machine, automatic washing machine, cassava grater, motorised machine, grinding and dryer, automatic chipping system machine, automatic pelletising machine, weighing scales, washing tanks and packaging bags.
The only raw materials are cassava tubers (which is 100 percent available and abundantly found in the country) and water.
The required machinery for this project is locally available. The spare parts can also be procured locally. We provide the required plants and machinery with guaranteed after-sales-services.
The normal capacity of the plant in over five tones of chip per day and five tones of pellet per day in one shift of eight hours. The plant will at full capacity process 1500 tons of chips and pellets per annum, working for 300 days in a year.
It is important to mention that this project can be sited in any part of the country preferably where accessibility of cassava is assured.
The production process is very simple. The raw cassava tubers are automatically peeled, washed and then followed by chipping or palleting and drying to required moisture level.
Weighing and bagging complete the processing. The finished product can be bagged in 50kg jute bag. Since the products are always demanded in metric tons by the end user, it is advisable to package as such.
The packaging materials are 100 percent locally available.
The international prices for chips & pellets fluctuate between US$2,200 and US$2,500 per metric ton. It should be noted that this price keeps on fluctuating. It is pertinent to mention that it is very important to adhere strictly to the international standard. Failure to do so may result to rejection of the processed products by foreign buyers.
For details of the addresses and contact of the foreign buyers please contact the writer. Locally, it is sold for N1800,000 per ton. Since the machine will process 1500 tons of pellets and chips per annum, working for 300 days, the total sales revenue is US$93.6 million from which total inputs of N15,100 million is deducted, thus realising a gross profit of N87.5 million in the first year operation. For further clarification contact the writer.
In conclusion, this project has been found to be socially desirable, economically worthwhile, technically, feasible and highly profitable.
For detailed information on the project in the areas of comprehensive & bankable feasibility studies/reports, export information’s in respect of foreign buyers and international standard required, packaging requirements etc. please contact The Thy Global Investment Limited.