The following data is just for reference: A complete palm oil processing mill plant with a capacity of 50 ton/day is about $ 60,0000, while a full complete palm kernel oil production line with capacity of 10 ton/day is $ 60,000 around.
How much does an oil palm processing machine cost in Nigeria?
Factory oil palm processing machines are at the prices of $1000 to $1,000,000. These machines are used mostly for large scale production of palm oil in oil factories. In the Nigerian currency, it amounts to around N355,000 to N355,000,000. The machines are priced according to their functions and capabilities.
Why palm oil processing machine is not available in Africa?
Since many Africa customers, especially in Ghana, Nigeria, and other countries, requires relatively small scale palm oil making machine. But, most of the Palm Oil Machinery Manufacturers can’t supply the palm oil processing machine with such small scale capacity.
Should you set up a palm oil processing mill in Nigeria?
Setting up a palm oil processing mill in Nigeria would minimize the cost on raw material purchase and transportation. What’s more, Nigeria has great demand of crude palm oil. It would be very convenient to produce and sell palm oil in Nigeria, which must be a profitable business.