Is it a big investment to start a palm kernel oil processing business in Nigeria, and is the return on investment quick?

Nigeria produces nearly one million tons of palm oil, but Nigeria consumes nearly 2.7 million tons locally, leaving a gap between supply and demand of about 1.7 million tons. 90% of the self-produced palm oil is used in noodles, cooking oil, biscuits, French fries, margarine, Cereal food, baking and other food production, 10% is used in non-food industries such as washing and cosmetics.

Nigeria has unique advantages in palm planting. The country has a palm planting area of 3 million hectares. Do you want to open a palm oil factory?

The size of the investment in the palm kernel oil processing business is related to the scale and degree of automation of your palm kernel oil processing plant. If your funds are limited, you can choose to start with a small-scale palm kernel oil processing plant and a small palm kernel oil press. It can process 500kg palm kernel per hour. Calculated based on the oil content of palm kernel, you can get 215-240kg of palm kernel oil per hour. If you work 10 hours a day, it means that you can get 2.15-2.4 tons of palm kernel oil, and your palm kernel oil can Sales to residents nearby. If you have enough funds and want to invest in a large-scale palm kernel oil processing business, it is recommended that you choose a professional palm kernel oil processing equipment manufacturer and let them customize the most suitable palm kernel oil processing business solution for you.

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