Post by Trade facilitator on Nov 19, 2021 16:02:00 GMT 1
Snails are hermaphrodites meaning they can all lay eggs, and just one snail can lay many eggs at a time. Which indicates massive productivity if you can do the mathematics but still, with this productive rate, the demand for snail in current times, is higher than the supply, which is an indication that the market potential of snail is inexhaustible, both locally and internationally.
Snail is a very lucrative export commodity, which has value next to gold in other countries.
It is a foreign exchange income earner of our days. Nigeria's climate is one of the best climates for breeding snail. It is a great money-spinning business.
snails are highly-valued export commodities for Nigerian farmers and exporters who have the foresight to tap into a lucrative business opportunity. You do not necessarily need to be a snail farmer, you can export snails by sourcing snails from farmers in Nigeria, and selling them to clients both locally and internationally. The international trade in snails is flourishing in Europe and North America. The United States of America imports more than $4million worth of snails annually from all over the world, including Nigeria.
African traditional restaurants in Diaspora demand for snail in high quantity because of the demand from Africans living abroad. Not to mention Pharmaceutical companies. And also, snail is used in Asian countries to make herbs. So it is evident that snail export business is one that can guarantee huge profit. And luckily, West Africa (of which Nigeria is part of) boasts of a lot of snails.
There are many things that one could consider before going into business:
Passion is one but profit is also very important. If you want to be your own boss or you are thinking of where to invest, snail export is a great place to invest as it is a very lucrative exporting business.
And it is worthy of note that the global snail export business is worth over $1billion.
However, if you want to start exporting snails from Nigeria, there are a few things you must know and do
First is your readiness. Snail export is lucrative but just like any other business, you need to be ready to work. And working means checking all that entails readiness.
Readiness is not just about financial readiness, the mental readiness is more important. As you have to understand the rudiments before starting the business. And we at THE THY CONSULTING LTD. can help you get ready.
Equip yourself with any and all information that would help your business. Luckily, we are in the information age now and there is practically no information you cant get on the internet.
All you need is good network and a gadget. The information you need is a click away. However, whether we like it or not, some things are better experienced because experience really is the best teacher, so you will need to acquaint yourself with people who know all about the business.
Ask any and every question you need to know concerning exportation.
Then, to fully get started, you will need to register your business. If you want to make your business big and you want to ensure trust with your international partners, then they need the assurance of a registered business. You can visit the Corporate Affair Commission (CAC) for more information on how to go about registering a business.
After getting the registration with CAC, you will also need to get export certificate from the Nigeria Export Promotion Council (NEPC). You need to get licensed as an exporter before you are allowed to export.
When all the legalities are all taken care of, you will need to find suppliers for your snail. Suppliers for snail are quite easy to come by, especially here in Nigeria because as mentioned earlier, Nigeria is a large producer of snails.
All you will need to do is find the suppliers and that you can do by either going online to source for them yourself or consulting with professionals who know and have been in the business.
It is not advisable to go to a supplier at first glance, unless of course, they are recommended by or from a trusted source. But you need to be sure they will give you quality products and services before deciding to go with them.
Remember that the export business is based on trust or you could lose customers due to errors from your suppliers, supply or carelessness. So you need to check with some questions like;
How are their services
How are their products
Are they trustworthy?
What are their charges?
Are they conversant with the export business?
These and more are some of the questions you need to ask before committing to a supplier.
On the other hand, you could also start your own farm. Starting a snail farm is not so expensive, luckily, and when you learn all the ropes, it would serve you as well.
Understand, however, that you should only consider starting a snail farm if you are sure you will have the time and energy to it. If not, buying from other snail farmers for export is a better option for you as it is less capital and labour intensive
After you have gotten suppliers, you need to find foreign buyers. Which may be difficult for a newbie because of so many factors like;
Getting legitimate buyers and not scammers,
Getting them to do business with you since they haven`t dealt with you before,
Getting them to trust that you will deliver as agreed,
Getting the right prices so you're not cheated,
Business securities etc
Because as earlier stated, the demand for snail in the international market currently is relatively higher than supply. So you can find your way in quite easily and start cashing out!
On your own, you can check for buyers on the internet like restaurants, especially African restaurants in these foreign countries and contact them.
You may also seek for herbal companies, especially in Asian countries, who would need the snails as part of their mixture. Or you can simply just find snail buyers in different countries.
But we strongly advice against these methods, for your own safety, to avoid fraudsters from taking advantage of you. It's always best to consult export firms and organizations. It's better to be safe than sorry!
Another way of getting buyers is through international trade fairs and fairs organized by organizations like the NEPC (Nigeria Export Promotion Council),that is why it is important to identify with them.
Once you have gotten your suppliers and you have contacted them and all is in place for supply. Find a freight forwarder for shipment. They are well informed about the requirements and procedures as well as the all the payments and duties required at the air and seaport.
So you will not have to go through the stress of possibly making mistakes when you need to supply your goods.
Remember that before shipping, you need to package your products well to avoid spoilage while in transit.
From the above, it is clear how lucrative snail export and even more interesting is that, it is not too expensive to start.
Health benefits of snails
Snails provide an important source of animal protein—being naturally loaded with vitamins E, A, K, and B12—as well as pharmaceutical properties for the production of certain drugs because of their therapeutic constituents and also providing beauty benefits for the cosmetic industry. The importance of the snail is well acknowledged in European countries like France, Italy, United Kingdom and Germany, also in America and Asia. It has low fat and cholesterol, which is widely accepted for special needs medical patients, and also helps in fighting cancer and preventing heart disorders.
Requirements For Starting an Export Business In Nigeria
Register The Business with CAC
Open a business account
Register With The Nigerian Export Promotion Council (NEPC).
Obtain Special Licences and Permits For The Goods You’re Dealing In.
Verify Your Products Are Not On The Prohibited Goods List.
Get Your Insurance Covere.
Partner With A Freight Forwarding Service Company To Ship Your Goods.
Required export documents
For formal exports the following documents will be required at different stages of the export process:
Exporter Registration Documents
Export Contract Documents
Quality Assurance Documents
Commercial Documents etc.
The good news is, THE THY CONSULTING LTD can walk you through every process and or help you with these registration process and also link you with buyers and sellers if you want.
Snail is a very lucrative export commodity, which has value next to gold in other countries.
It is a foreign exchange income earner of our days. Nigeria's climate is one of the best climates for breeding snail. It is a great money-spinning business.
snails are highly-valued export commodities for Nigerian farmers and exporters who have the foresight to tap into a lucrative business opportunity. You do not necessarily need to be a snail farmer, you can export snails by sourcing snails from farmers in Nigeria, and selling them to clients both locally and internationally. The international trade in snails is flourishing in Europe and North America. The United States of America imports more than $4million worth of snails annually from all over the world, including Nigeria.
African traditional restaurants in Diaspora demand for snail in high quantity because of the demand from Africans living abroad. Not to mention Pharmaceutical companies. And also, snail is used in Asian countries to make herbs. So it is evident that snail export business is one that can guarantee huge profit. And luckily, West Africa (of which Nigeria is part of) boasts of a lot of snails.
There are many things that one could consider before going into business:
Passion is one but profit is also very important. If you want to be your own boss or you are thinking of where to invest, snail export is a great place to invest as it is a very lucrative exporting business.
And it is worthy of note that the global snail export business is worth over $1billion.
However, if you want to start exporting snails from Nigeria, there are a few things you must know and do
First is your readiness. Snail export is lucrative but just like any other business, you need to be ready to work. And working means checking all that entails readiness.
Readiness is not just about financial readiness, the mental readiness is more important. As you have to understand the rudiments before starting the business. And we at THE THY CONSULTING LTD. can help you get ready.
Equip yourself with any and all information that would help your business. Luckily, we are in the information age now and there is practically no information you cant get on the internet.
All you need is good network and a gadget. The information you need is a click away. However, whether we like it or not, some things are better experienced because experience really is the best teacher, so you will need to acquaint yourself with people who know all about the business.
Ask any and every question you need to know concerning exportation.
Then, to fully get started, you will need to register your business. If you want to make your business big and you want to ensure trust with your international partners, then they need the assurance of a registered business. You can visit the Corporate Affair Commission (CAC) for more information on how to go about registering a business.
After getting the registration with CAC, you will also need to get export certificate from the Nigeria Export Promotion Council (NEPC). You need to get licensed as an exporter before you are allowed to export.
When all the legalities are all taken care of, you will need to find suppliers for your snail. Suppliers for snail are quite easy to come by, especially here in Nigeria because as mentioned earlier, Nigeria is a large producer of snails.
All you will need to do is find the suppliers and that you can do by either going online to source for them yourself or consulting with professionals who know and have been in the business.
It is not advisable to go to a supplier at first glance, unless of course, they are recommended by or from a trusted source. But you need to be sure they will give you quality products and services before deciding to go with them.
Remember that the export business is based on trust or you could lose customers due to errors from your suppliers, supply or carelessness. So you need to check with some questions like;
How are their services
How are their products
Are they trustworthy?
What are their charges?
Are they conversant with the export business?
These and more are some of the questions you need to ask before committing to a supplier.
On the other hand, you could also start your own farm. Starting a snail farm is not so expensive, luckily, and when you learn all the ropes, it would serve you as well.
Understand, however, that you should only consider starting a snail farm if you are sure you will have the time and energy to it. If not, buying from other snail farmers for export is a better option for you as it is less capital and labour intensive
After you have gotten suppliers, you need to find foreign buyers. Which may be difficult for a newbie because of so many factors like;
Getting legitimate buyers and not scammers,
Getting them to do business with you since they haven`t dealt with you before,
Getting them to trust that you will deliver as agreed,
Getting the right prices so you're not cheated,
Business securities etc
Because as earlier stated, the demand for snail in the international market currently is relatively higher than supply. So you can find your way in quite easily and start cashing out!
On your own, you can check for buyers on the internet like restaurants, especially African restaurants in these foreign countries and contact them.
You may also seek for herbal companies, especially in Asian countries, who would need the snails as part of their mixture. Or you can simply just find snail buyers in different countries.
But we strongly advice against these methods, for your own safety, to avoid fraudsters from taking advantage of you. It's always best to consult export firms and organizations. It's better to be safe than sorry!
Another way of getting buyers is through international trade fairs and fairs organized by organizations like the NEPC (Nigeria Export Promotion Council),that is why it is important to identify with them.
Once you have gotten your suppliers and you have contacted them and all is in place for supply. Find a freight forwarder for shipment. They are well informed about the requirements and procedures as well as the all the payments and duties required at the air and seaport.
So you will not have to go through the stress of possibly making mistakes when you need to supply your goods.
Remember that before shipping, you need to package your products well to avoid spoilage while in transit.
From the above, it is clear how lucrative snail export and even more interesting is that, it is not too expensive to start.
Health benefits of snails
Snails provide an important source of animal protein—being naturally loaded with vitamins E, A, K, and B12—as well as pharmaceutical properties for the production of certain drugs because of their therapeutic constituents and also providing beauty benefits for the cosmetic industry. The importance of the snail is well acknowledged in European countries like France, Italy, United Kingdom and Germany, also in America and Asia. It has low fat and cholesterol, which is widely accepted for special needs medical patients, and also helps in fighting cancer and preventing heart disorders.
Requirements For Starting an Export Business In Nigeria
Register The Business with CAC
Open a business account
Register With The Nigerian Export Promotion Council (NEPC).
Obtain Special Licences and Permits For The Goods You’re Dealing In.
Verify Your Products Are Not On The Prohibited Goods List.
Get Your Insurance Covere.
Partner With A Freight Forwarding Service Company To Ship Your Goods.
Required export documents
For formal exports the following documents will be required at different stages of the export process:
Exporter Registration Documents
Export Contract Documents
Quality Assurance Documents
Commercial Documents etc.
The good news is, THE THY CONSULTING LTD can walk you through every process and or help you with these registration process and also link you with buyers and sellers if you want.
