Post by Trade Coach on May 18, 2019 19:39:35 GMT 1
You can earn outstanding income by reliably supplying high quality carrots to international markets. The export sector is hugely organized. Although generally, export business demands an adequate knowledge about foreign markets.
You have to carry out adequate research so as to gain enough knowledge about the industry you intend to enter, so that you don't find yourself losing money instead of making money.
One of the beneficial parts of this business is that, you can start this venture from your home location.
Product Description
The carrot (Daucus carota subsp. sativus) is a root vegetable , usually orange in colour, though purple, black, red, white, and yellow cultivars exist.
The most commonly eaten part of the plant is the taproot, although the stems and leaves are eaten as well.
The roots contain high quantities of alpha- and beta-carotene , and are a good source of vitamin K and vitamin B6. Carrots are widely used in many cuisines, especially in the preparation of salads, and carrot salads are a tradition in many regional cuisines.
Global market for carrot
Major export markets for carrot are UAE, Saudi Arabia, South Korea, Russia, Indonesia, Qatar and Bahrain. Exports to Singapore and Malaysia have also increased.
Because of carrot's many uses and benefits, it is widely sought after. It is commonly used in cuisines, for essential oils, in cosmetic product etc. A good number of European countries rely on imports from other countries. This presents huge financial and profit opportunities in the export of the produce. It is a business worth investing in, with an assurance of good returns on investment.
Starting Carrot Export
One thing you would require before starting this business is to engage the services of a business consultant to help you look through your business concept and determine if exporting a produce will be a lucrative business for you. Another important aspect that cannot be overlooked is a business plan.
You have to do an extensive research about the product and the foreign markets that are ready to buy your product, as finding the right market for the specific product is important in getting success. Also, you will need to have a fair amount of ideas about different currency.
Regardless of the size of your startup capital, as your business grows, you will definitely expand.
Product Requirements for export
When exporting your product, you must ensure the produce are:
Whole and sound - firm and fresh in appearance.
Clean - practically free of any visible foreign matter.
Free of damage caused by pests that may affect the general appearance of the fruit.
Free of any foreign smell and/or taste.
Free of abnormal external moisture.
Proper labelling: Consumer package labelling must be in accordance with the rules and regulations that apply in the European market. Labels must contain adequate information like, the name of the product, shelf life, etc. Labels, usually are not allowed to contain any toxic ink or glue.
Good Packaging: Package must ensure proper protection for the produce. The packaging should be new, clean and of sufficient quality to prevent damage to the product.