Investing in a palm oil processing plant in Ghana
Ghana is ideal for starting a palm oil processing plant. Opening a palm oil processing plant requires not only palm fruit raw materials, but also mature palm oil processing technology. Ghana is undoubtedly the most suitable place to open a palm oil processing plant in terms of its rich palm fruit raw materials, huge palm oil demand and mature palm oil crushing process, or in terms of low competition environment and government policy support one of the countries.
1. Rich palm fruit raw materials
Ghana is the eighth largest palm fruit producer in the world with a total production of 2.65 million tons. Ghana is located in West Africa, close to the equator, with high temperature and abundant sunshine throughout the year. This climate is suitable for the growth of palm fruit. Therefore, Ghana has many large-scale palm fruit plantations, which provide a rich raw material base for opening palm oil processing plants in Ghana.
2. Huge demand for palm oil
According to relevant information, due to insufficient production, Ghana imports about 52,000 tons of palm oil every year to meet market demand, especially in the healthcare, pharmaceutical and shower gel industries. In 2021, the global palm oil consumption will be 73.743 million tons, and as of August 2022, the global palm oil consumption will be 76.422 million tons. It can be seen that the demand for palm oil is not only in short supply in Ghana, but the international demand is also increasing year by year. Therefore, setting up a palm oil processing plant in Ghana is easy to sell.
3. Mature palm oil pressing process
The palm oil pressing process originated in Africa, and was later introduced to Southeast Asia, where it gradually developed and matured. After long-term research and exploration, Southeast Asia has formed a set of relatively mature palm oil pressing technology specifically for the characteristics of palm oil pressing. The palm oil pressing production line of Huatai is improved on the basis of the palm oil pressing process in Southeast Asia, and after many tests, the palm oil production line equipment can ensure the integrity of the palm kernel while maintaining a low residual oil rate.
4. Low competition
It is understood that the palm oil industry in Ghana is mainly dominated by small farmers whose production cannot meet market demand. These small farmers account for about 80% of the entire industry. On top of that, only 2 tons of palm oil can be produced per hectare as small farmers do not have the technical knowledge and production equipment to increase yields. Compared to big companies, which can produce 20 tons of palm oil per hectare. If you want to quickly gain a foothold in the palm oil processing industry in Ghana and occupy the local market, investing in a relatively large palm oil processing plant is a relatively good choice.
4. Government policy support
Ghana has introduced a series of policies to support agriculture, including the palm oil processing industry. These policies mainly include tax cuts, subsidies, scientific research support and other measures. The former vice president of Ghana once said that it is very necessary to increase the production of palm oil, because in addition to being used as raw materials for Ghana’s domestic soap and other commodities, it can also be used for export and earn more foreign exchange for the country. Therefore, investing in a palm oil processing plant in Ghana can be supported by local government policies, reducing your barriers to joining the palm oil processing industry in Ghana.
Henan Huatai Cereals and Oils Machinery Co.,Ltd supply palm oil processing, palm oil press, palm kernel oil press, any need please email to [email protected]
