While this is the common norm for the commodity trading business, there are some advantages and disadvantages. The most common way for buyers looking for how to buy cashew nuts in Nigeria is to buy cashew nuts from cashew nuts exporters in Nigeria. Buy From A Cashew Nuts Export Company In Nigeria: There are two major ways international buyers of cashew nuts can buy cashew nuts in Nigeria. This way, the cashew kernel processing facility will always be in use and generating profits at all times. When a local cashew kernel processing facility is set up in Nigeria, the profit margins increase for the international buyer because the first step of shipping and reprocessing are cut off already, and now, the product can be exported directly to the real exit buyer in a different country for a higher profit margin.Īnother way to profit from the cashew kernel processing business is to process for local companies looking to export cashew kernels from Nigeria to international buyers. If you're looking for how to buy cashew kernels in Nigeria from local producers, you may need to either find a processor in a rural community, which is very hard to find, or you could partner with a local company to set up a cashew kernel processing facility in Nigeria, buy raw cashew nuts at the lowest possible local price, process the cashew nuts to cashew kernels, and then export to the exit buyer. While Nigeria is a major producer of raw cashew nuts, the country exports very little cashew kernels as there are few cashew kernels processing facilities in Nigeria, with most selling locally to supermarkets, branding their own products, or even trying to export at ridiculously high prices. See Also: How To Start The Lucrative Export Of Sesame Seeds From Nigeria To International Buyers What About Cashew Kernels? International buyers of cashew nuts in Nigeria can also get 47 to 53 outturns, but only at the start of the harvest season in February. This raw cashew nuts specification is the most common in Nigeria, with the easiest outturns to get being between 40 to 47 outturns. Nut Count: between 170 to 205 per kilogram.Outturn: between 40 to 51 (with 47 to 53 outturns only available at the start of the harvest in February).While international buyers looking for how to buy cashew nuts in Nigeria may have very high specifications for the cashew nuts they intend to purchase, here's the most common specifications for raw cashew nuts that you can buy in Nigeria: The Common Cashew Nuts Specifications In Nigeria This doesn't discredit the other parts of the state producing cashew nuts.Īnother state in Nigeria that produces cashew nuts of up to 50 outturns at the start of the harvest season is Kogi state. Now, it's key to know that Oyo state produces cashew nuts in many parts of the state, but Ogbomosho is simply the part with large volumes of the high quality. The most popular area in Nigeria producing the highest cashew nuts outturns is the Ogbomosho area of Oyo state. However, some areas produce very high-quality cashew nuts that can have outturns ranging from 47 to 53 at the beginning of the harvest. See Also: How To Start The Lucrative Export Of Cashew Nuts From Nigeria To International Buyers What To Know FirstĬashew nuts are produced in over 19 Nigerian states, with the average quality being between 40 to 51 outturns, meaning that no single area in the country is responsible for the bulk raw cashew nuts being produced. But in Nigeria, raw cashew nuts and cashew kernels are sold by local companies, and so, this makes buying or looking for information on how to buy cashew nuts in Nigeria so much easier for international buyers from Vietnam, India, China, and many more places around the world. In several other African countries like Tanzania, the government is responsible for the sale of cashew nuts, and so, buying raw cashew nuts from those countries can be very difficult for many cashew nuts buyers from around the world. Nigeria, being one of the worlds' largest producers and exporters of cashew nuts to over 54+ countries around the world is a hot destination for cashew nuts buyers already buying cashew nuts from Nigeria and others looking for information on how to buy cashew nuts in Nigeria.
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