Post by Ismail AbdulAzeez on Jan 21, 2019 15:19:00 GMT 1
Walnut is an edible seed of a deciduous tree, consisting of two halves,contained within a hard shell, enclosed in a green husk.
Walnuts is consumed and traded around the world. The popularity of walnut has grown well in recent years due to its many health benefits.
Increasing consumer inclination towards maintaining a healthy lifestyle has led to the higher consumption of healthy food products like walnut.
Due to an increasing preference and lactose intolerant population acrossthe globe, demand is shifting more from cow's milk to nut based milk, thus leading to increase in the consumption of walnut milk, because of its lactose-free characteristics.
Walnuts are being used widely as ingredient in the food industry,pharmaceutical industry, personal care and cosmetics industry which is boosting the market growth of walnuts. In Europe, walnuts are much more often consumed as an ingredient in home cooking and in food production than as a snack.
Global market opportunities for exporters of walnuts
Most countries are not self-sufficient in production of walnuts and so demand is satisfied through imports. Walnut business continues to grow, driven by both export demand and an increased consumption of the produce. Europe is the largest world market for walnuts, representing almost half of the total world imports.
Also, Italy, Germany and Spain are large import markets for walnuts and they offer good opportunities for developing country exporters. Further market opportunities can be found in markets with high consumption per capita, such as the Netherlands and Austria. Opportunities can also be found in the growing markets of Central Europe, such as Poland and the
Basic Requirements For Exporting Walnut
The recommendation is that the product should be properly packaged to meethe set standard of the importing country. Walnuts may be kept in air-tight bags to reduce the risk of contamination and maintain freshness during shipping and storage.
Information on product name, variety, class, size and crop year, expirationdate, storage instructions etc should appear on the label.
All export registration requirements must be duly met and documents required intact.
Exporting walnuts is a good business that does not require large capitalfor startup yet guarantees huge profits. Nigeria is blessed with walnut vegetations, so sourcing for the produce will not be a difficult thing. What it requires for the business to kick off, is within reach for willing investors.
How to get buyers, where to get quality yet cheap produce is one of ourareas of specializations. We provide global and up-to-date business information reports and services.