Exporting Shelled Groundnut (Peanut)From Nigeria

Exporting GroundNuts From Nigeria 

Groundnuts, also known as peanuts, 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 cultivated in the semi-arid tropical and sub-tropical regions of nearly 100 countries in the world. Nigeria. produces about two million Metric Tons of groundnut annually representing 5% of world production.

Groundnut is the 13th most important food crop of the world. It is the world’s 4th most important source of edible oil and 3rd most important source of vegetable protein. Groundnut seeds contain high quality edible oil (50%), easily digestible protein (25%) and carbohydrate (20%).

Groundnut apart from being a good snack for human consumption, is also used  as an ingredient in production of confectionery products. After the extraction of oil, the residual cake is processed for animal feeds. 

Groundnut and its derivatives are used in the manufacturing of . cosmetics,  Paint, varnish, lubricating oil, leather dressings, furniture polish, insecticides, Soap, textile fabric, plastic, wallboard, abrasives, etc  

Anyone interested in exporting groundnuts must make sure  the aflatoxin level meets the acceptable standard  of the importing country  before exporting otherwise, the commodity may be rejected at the port of entry. What are Aflatoxins ? These  are naturally occurring mycotoxins that are produced by many species of Aspergillus, a fungus, the most notable ones being Aspergillus flavus and Aspergillus parasiticus. Aflatoxins are toxic and among the most carcinogenic substances known.

Harvest: Groundnuts have a growing period of approximately 5 months. Seeding typically occurs mid-April to mid-May, and harvesting is done between August and September

Locations: In Nigeria, Groundnut is produced in almost all the northern states. The leading producing states include: Niger, Kano, Jigawa, Zamfara, Kebbi, Sokoto, Kastina, Kaduna, Adamawa, Yobe, Plateau, Bauchi, Borno, Taraba, Gombe and Nassarawa

 Specification

According to Food and Agriculture Organization (FAO), Indian Standard Institute (ISI) categories groundnuts, into three grades using different specifications as stated in the table below.

 Grades of groundnuts required for milling % by weight (max)

S/n       Characteristics                                 Grade 1            Grade 2            Grade 3

1          Damaged and weevil kernels                0.5                 1.5                    3.0

2          Slightly damaged kernels                      1.0                 2.0                    4.0

3          Shriveled and immature kernels            1.0                 3.0                    6.0

4          Split and broken kernels                        5.0                10.0                  15.0

5          Nooks, % by weight (max)                    1.0                  2.0                    3.0

6          Impurities                                               1.0                  2.0                    3.0

7          Admixture with other types                   1.0                  2.0                   5.0

8          Total of 1-7 above (max)                       6.0                 12.0                 30.0

9          Moisture content                                    6.0                   6.0                   6.0

10        Oil content on moisture free basis        48.8                46.0                  42.0

11        Acid value of extracted oil (max)           2.0                  4.0                    6.0

Uses

1.     Edible groundnuts account for two-thirds of the total groundnut use in the United States.

2.     Popular confections include salted groundnuts, groundnut butter (sandwiches, candy bars, and cups), groundnut brittle, and shelled nuts (plain/roasted).

3.     Salted groundnuts are usually roasted in oil and packed in retail size, plastic bags or hermetically sealed cans. Dry roasted, salted groundnuts are also marketed in significant quantities.

4.     Groundnuts are often a major ingredient in mixed nuts because of their inexpensiveness compared to Brazil nuts, cashews, walnuts, and so on.

5.     The primary use of groundnut butter is in the home, but large quantities are also used in the commercial manufacture of sandwiches, candy, and bakery products.

6.     Boiled groundnuts are a preparation of raw, unshelled green groundnuts boiled in brine and typically eaten as a snack in the southern United States where most groundnuts are grown.

7.     More recently, groundnuts can be fried, where they can be eaten both shell and nut.

8.     Also groundnuts are used in cosmetics, nitroglycerin, plastics, dyes and paints

Export market: The major groundnut importers are the European Union (EU), Canada, and Japan. These three areas account for 78% of the world's imports.

 Export price: Groundnut unlike cashew nut is usually exported as kernel (i.e shelled groundnut) The export free on board (fob) price of groundnut varies from about USD 800-1,100/MT depending on the grade.

We have researched into the processes and requirements of exporting groundnuts from Nigeria to other part of the world and come out with a report.

The highly informative report / E-book on Groundnuts export from Nigeria cost only five thousand Naira and is available electronically for anyone interested in groundnut export business.

To place order for the export report / e-Book

Visit a branch of Access bank Plc nearest to you and  pay the sum of N5000 only to:
A/C. Number:0051386690
A/C. Name; Gravy Seed Ventures

You can also make transfer via mobile banking Apps or on ATM machines

After payment text  the followings:

1. Your Full name
2. The e-mail address you will prefer to receive the e-Book 
3. Bank teller  / transaction number 

to: 07052168220.
A copy of the export e-Book(PDF) will be sent to your email box as soon as your payment is confirmed within 24 hours