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Four Top selling Agro export products you can start selling to foreign buyers now through Cokodeal

Four Top selling Agro export products you can start selling to foreign buyers now through Cokodeal

Cocoa Farmers

So you want to go into export business in Nigeria? And you’re wondering how you want to go about finding foreign buyers for your products? i would show you on this post how cokodeal can be your gateway to new markets beyond the shores of this country and how you can get started.

Before we go into how cokodeal can help find you foreign buyers, lets look at some top selling export products from Nigeria that are  in demand in countries in the Europe and other parts of the world:

Sesame seeds

Overview

Sesame seed, sesamum indicum is a flowering plant.  The world over, there are about 4.8 million tonnes of sesame seed produced. While Myanmar is the largest producer, India and China are the largest exporters. The largest importers of this seed are Japan and China. In Africa, Nigeria is the seventh largest producer after Ethiopia and Sudan.

In Nigeria, Sesame seeds thrive well in the Northern part of Nigeria and some parts of the West as a result of the drought-resistant nature of the plant.

It can also be grown in some part of the South East and South South as it has been successfully grown in Ebonyi and Northern part of Cross River States and as well as Delta state.

Nigeria currently produces about 300,000 tonnes of Sesame Seed with the largest producing states being Jigawa, Nassarawa, Benue and Taraba. About a total of 26 States grow sesame presently and the production is expected to increase given the good prices obtained by farmers and increased demand worldwide.

Harvest period: August and October

Largest producing states: Jigawa, Nassarawa, Benue and Taraba

Local sourcing price: around N170,000/ MT

International market Price:  around 900 USD(price dropped from 2000)/ MT

Country market: China, Turkey, Japan and India, Netherland, Polland

Cocoa

Overview:

The cocoa tree (Theobroma cacao) grows in tropical environments, within 15-20 degrees latitude north and south of the equator. The main cocoa-growing regions are Africa, Asia and Latin America. After extraction from the pod, cocoa seeds are fermented and then sun dried. A producing cocoa tree can yield an average of 0.5-2 kg of dried seeds per year.

The cocoa market distinguishes three main varieties of cocoa beans:

  1. High-grade, Criollo cocoa (the original cocoa tree) Originally grown in Venezuela, Central America and Mexico, but now also cultivated in Ecuador, Colombia, Peru, Bolivia, Nicaragua, Honduras, Guatemala and Sri Lanka, Criollo beans account for 5%–10% of all global cocoa production. The beans have a delicately bitter, aromatic flavour and are easily processed.
  2. Common grade, Forastero cocoa Originally grown in the high Amazon region, these beans are now the predominant cocoa variety cultivated in Africa, representing around 80% of all global cocoa production. The beans have a flatter flavour than the more frutal and citric Criollo or Trinitario beans.
  3. High-grade, Trinitario cocoa Originally grown in Trinidad, but now also cultivated in Venezuela, Ecuador, Honduras, Nicaragua, El Salvador, Costa Rica, Cameroon, Samoa, Sri Lanka, Indonesia and Papua New Guinea, Trinitario beans account for 10% to 15% of all global cocoa production. The beans are a hybrid between the Criollo and Forastero trees.

Harvest period In Nigeria: Sep-Mar (Main crop), June-Aug(Mid -Crop)

Largest producing states:  Ondo, Cross River, Ogun, Akwa Ibom, Edo, Ekiti, Delta, Osun and Oyo.

Local sourcing price:  Around N350,000-N360,000/ MT

International market Price:  Around 2015.86 USD / MT

Country market:  Netherlands, Germany, Belgium, USA, France, Maylsia

Groundnut

Overview

Groundnuts, also known as peanuts, either in the pod or in the form of kernels, are obtained from varieties of the species Arachis hypogaea L. The name groundnut is derived from the fact that peanut pods develop under the ground, which is uncommon as most nuts grow on trees.

Groundnuts are classified as both a grain legume and an oil crop due to their high oil content. Although the botanical definition of groundnuts is legumes, groundnuts are usually referred to nuts in trade and culinary classification.

Groundnuts are cultivated in the semi-arid tropical and sub-tropical regions of nearly 100 countries in six continents between 40° latitude north and south of the equator.

Harvest Period in Nigeria: 5-6 months after planting

Largest Producing states In Nigeria: Kano, Katsina, Kaduna, Jigawa, Sokoto, Zamfara and Kebbi in the Northwest; Adamawa, Bauchi, Yobe and Borno in the Northeast; and Benue, Plateau, Taraba, Nasarawa, FCT Abuja, Kogi, Niger and Kwara in the Central Zone.

Local sourcing price: N185,000

International market Price: 1200 USD / MT

Country Market: Netherlands, Germany, United Kingdom

Garlic

Overview

Ginger has a long history of use for relieving digestive problems such as nausea, loss of appetite, motion sickness and pain. The root or underground stem (rhizome) of the ginger plant can be consumed fresh, powdered, dried as a spice, in oil form or as juice.

Ginger has been used for years in resolving the following issues:

1) Digestive issues

The phenolic compounds in ginger are known to help relieve gastrointestinal irritation, stimulate saliva and bile production and suppress gastric contractions and movement of food and fluids through the GI tract.

2) Nausea

Chewing raw ginger or drinking ginger tea is a common home remedy for nausea during cancer treatment.

See Also
IATF

Ginger tea can help relieve nausea and aid cold recovery.

Pregnant women experiencing morning sickness can safely use ginger to relieve nausea and vomiting, often in the form of ginger lozenges or candies.

During cold weather, drinking ginger tea is good way to keep warm.

Period of cultivation – November-April

Largest producing states In Nigeria: Kano, Sokoto,jigawa, Bauchi, Katsina, Zamfara.

International market price: 1500- 2000 USD / MT(FOB)

How you can use Cokodeal in Finding Foreign buyers across Africa and Europe?

Cokodeal is a fore-runner in the Africa’s local content cross-border trade. If you ever need a platform where you can grow your African produce, then Cokodeal is your tool. So what ways can Cokodeal help your business find foreign buyers and grow your business globally.

  1. Cokodeal online publications

Cokodeal provides market insights and trade secrets to keep you abreast with latest information in your export business. Their expert reports help you see opportunities in your trade.

Blog, magazines, E-books

2) Cokodeal trade connection world wide

For beginners, finding your first foreign buyers can be a hectic job. Luckily for you, Cokodeal does a lot to match-make sellers and buyers across the world.

Cokodeal is one of the fore-runners in anything Africa local content. It is getting recognition across Africa and globally for helping businesses connect for trade with African businesses.

3) Cokodeal’s digital marketing Expertise

Cokodeal is gaining grounds in African ecommerce for made in Africa products

What you can do to leverage cokodeal’s resources

      • Create an online store with cokodeal
      • Sign up for ad package
      • Follow Cokodeal Online Publications and activities

Reference

Local Sourcing Prices are based on the indicative world commodity price list as released February 2016. By NEPC

https://www.cbi.eu/market-information/processed-fruit-vegetables-edible-nuts/groundnuts-peanuts-europe/

 

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