Monday, May 9, 2011

PACKAGING AND EXPORT OF PALM KERNEL SHELL {PKS} IN NIGERIA, THE OPPORTUNITY

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PACKAGING AND EXPORT OF PALM KERNEL SHELL {PKS} IN NIGERIA, THE OPPORTUNITY.

Ask any farmer in southern Nigeria which cash crop that has no useless part or derivatives puts cash in his pocket, and enriches the soil, he/she'll probably say "Oil Palm."

Oil Palm trees grows in the coastal belt in Nigeria which varies in depth from 100 to 150 miles and a riverine belt which follows the valleys of the Niger and Benue for a distance of about 450 miles from the sea. The main palm oil producing states includes Ogun, Ondo, Oyo, Edo, Cross River, Anambra, Enugu, Imo, Abia, Ekiti, Akwa-Ibom, Delta and Rivers.

Palm oil, a product gotten from the processing of fresh fruit bunch {oil palm tree} forms an important part of the local diet in Nigeria because animal fats such as milk and butter are hardly consumed. It is used both as a cooking material and as an ingredient in soups, sauces and a variety of local dishes. Consequently, there had long been a thriving market for palm oil both within the main areas of production in eastern and western Nigeria and between these regions and the non-palm oil producing northern region.

Other product gotten from oil palm tree includes palm kernel oil and palm kernel cake can be gotten from the oil palm tree.

Palm kernel Shell {PKS} is gotten from the cracking of the palm kernel shell to release the nut after the palm oil has been extracted from fresh fruit bunch {FFB}.

The market for Palm kernel Shell {PKS} in Nigeria is well developed since the industries that requires them as raw materials is not well developed in the country. Orders are usually from overseas buyers that require them as raw materials majorly in the production of biofuel and road construction.

The quality specification from an interested buyer is stated below

Element Analysis (wt %)

Moisture 15% to 20% (Maximum)
Fiber 2% to 3% (Maximum)
Foreign Matter 2% (Maximum)
Hard Nut Shell 95%
Kcal 3500 to 4000

Industry analysis (wt %)

Carbon (C) 52.95
Hydrogen(H) 6.29
Nitrogen (N) 0.52
Oxygen (O) 38.51
Sulfur(S) 0.07

Packaging is usually in 50 Kg PP bags for easy containerization.

To export palm kernel shell {pks}, the exporter would have to register with Nigerian Export Promotion Council {NEPC} with office in Lagos and other major cities in Nigeria.


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PACKAGING AND EXPORT OF PALM KERNEL SHELL {PKS} IN NIGERIA, THE OPPORTUNITY.

Do you know you can access to over 50 market intelligence reports and our monthly E- Magazine for 12 months for just N 5,000?

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Can you supply palm kernel shell from Nigeria and you are seeking for export contract? Then use our business process outsourcing service. Contact us with the details given below with the subject line as PALM KERNEL SHELL EXPORT IN NIGERIA: PALM KERNEL SHELL EXPORT CONTRACT.

At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for beginners and exporters already in the commodity export market.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies. 

You can order our detailed feasibility report on the export of palm kernel shell in Nigeria by clicking on the link below.

Report Code: FORA/08/2011/11

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