HARDWOOD CHARCOAL PACKAGING AND EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

Charcoal is a dark grey residue consisting of Carbon and any remaining ash, produced by the slow process of heating wood and other substances in the absence of xygen,called Pyrolysis. It is an impure form of Carbon, which contains ash.

However, it is an excellent domestic fuel, and can be made from virtually any organic material like wood, coconut shells rice husks and bones. Usually hardwood species like Acacia, Mangroves, Oaks and Prosopis are preferred for Charcoal production.

Charcoal though an old source of energy, is as well still a modern source of energy for Cooking in both rural and urban centres. Charcoal in addition, is now an export commodity in Nigeria, with a large market in the EU, USA and Asia. The prices range from $170 -$300/ton depending on the packaging. Tropical Africa accounts for 70% of the exports and the market is all year round with a slight drop between July and September.

Indeed the charcoal industry is a multibillion dollar global industry. According to The Food and Agricultural Organization (FAO) of the United Nations, over 40million metric tonnes of charcoal are consumed globally and approximately 2.4billion people rely on wood and charcoal for their daily fuel.

Nigeria currently ranks second to Brazil in the production of charcoal. The western countries particularly prefer Nigeria’s charcoal, as the country is rich in tropical hardwood, which burns slower and is hotter. Nigeria currently exports 380,000 metric tonnes of charcoal annually.

This report seeks to examine the financial viability or otherwise of packaging and exporting hardwood charcoal in 5 Kg from Nigeria.

Report Details:

Report Type: Pre- Feasibility Report

Formats of Delivery: PDF / MS WORD

No. of Pages: 34 Pages

Publisher: Foraminifera Market Research

Release Date: 30/08/2015

Language: English

Delivery time: 24– 48hours

Table of Contents:

EXECUTIVE SUMMARY

1.0 Business Overview

1.1 Description of the Business

1.2 Vision and Mission Statement

1.3 Business Objective

1.4 Critical Success Factor of the Business

1.5 Current Status of Business

1.6 Description of the Business Industry

1.7 Contribution to Local and National Economy

2. Marketing Plan

2.1 Description of product

2.2 Product Packaging and delivery

2.3 The Opportunity

2.4 Pricing Strategy

2.5 Target Market

2.6 Distribution and Delivery Strategy

2.7 Promotional Strategy

2.8 Competition

3. Technical Analysis

3.1 Description of the Location

3.2 Raw Materials

3.3 Production Process

3.3.1 Pre-Export Documentations in Nigeria

3.3.2 Post-Export Documentations (Exchange Control Documents)

3.4 Production Cost

3.5 Stock Control Process

3.6 Pre-Operating activities and expenses

3.6.1 Operating activities and expenses

3.7 Milestones      

                           

4.0 Organizational and Management Plan

4.1 Ownership of the business

4.2 Profile of the promoters

4.3 Key Management Staff

4.3.2 Management Support Units

4.4 Details of salary schedule

5. Financial Plan

5.1 Financial Assumption

5.2 Start up Capital Estimation

5.3 Source of Capital

5.4 Security of Loan

5.5 Loan Repayment Plan

5.6 Profit and Loss Account
5.7 Cash Flow Analysis
5.7 Viability Analysis

6.0 Business Risk and mitigation factor

6.1 Business Risks
6.2 SWOT Analysis


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