If you’ve landed on this article page, you’re probably searching for a
good business idea—an idea that’s light on the pocket but heavy on
returns, promising both a fulfilling journey and potential profit.
| How To
Profit From Cashew Processing
for exportation In Nigeria
Nigeria is a leading exporter of premium quality raw cashew
nuts, with an average 48 kernel yield out-turn. Nigeria
guarantees a reliable and sustainable supply base in their
cashew offer. Our large production base with 19 producing states
makes us the fourth largest producer of cashew nuts worldwide
If you are a new business owner and are looking for ways to make
money in new innovative field, you can set up your own cashew
nut processing business. While this may not be the easiest
business venture, it will require a high level of skill and
knowledge of the industry. Your cashew processing business will
require both physical and human resources. You will need a large
space for your cashew factory, a reliable staff and access to
equipment and supplies.
A ton of processed
cashew costs $14,200 right now, while a ton of raw cashew costs
$1,932. “You can see a significant difference.”
This means that for every dollar earned in raw cashew exports,
Nigeria would have made roughly seven times the amount currently
made.
Cashew nuts
have to be farmed, harvested, separated from the false fruit,
roasted, cooled, cracked open, peeled, sundried and sorted – and
only then can you sell them as raw nuts. The amount of value
added is incommensurate to the amount of labour that goes into
it.
The amount of raw nuts required to break even for a small
processing facility is 35 tons.
Nigeria currently processes less than 5% of its total
cashew exports, resulting in an annual estimated loss of N1.5
billion to the country. This means that the country exports
approximately 95 percent of its total cashew nut output
unprocessed. The cashew industry’s biggest opportunity is
processing, and the industry is ready to be tapped.
The cashew nut processing industry will never be out of work.
Every year, Nigeria produces 120,000 tonnes of cashew. Cashew
has a high return on investment of up to 55 percent and a
payback time of only 12 months, according to experts
Here are the main cashew grades * W-180 is the “King of
Cashews,” because they are bigger and cost more. * W-210 nuts are called
“Jumbo” nuts by most people. * W-240 is an attractive
grade that costs a fair amount. * W-320 Cashew kernels with
the number W-320 are the most popular and easiest to find around
the world. * W-450 is the most popular
low-cost whole grade because it has the smallest and least
expensive white kernels.
Get our information on how to start a profitable cashew processing factory. Our menthoship guide will assist you to get the right equipment based on your budget
|
Process1.jpeg)
Process2.jpeg)
Process3.jpeg)
