PROFILE ON PRODUCTION OF EDIBLE OIL Addis Ababa
Ethiopia's demand for cooking oil has been growing at a rate of 6.8 % per annum. The national demand for edible oil is projected to reach over 1,395,685MT in 2020 up from 671,076 MT in
are the second major export product. Despite Ethiopia being a major producer and exporter of oilseeds, it imports more than three-fourths of its domestic edible oil consumption. The sector has
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According to financial analysis made, the envisage project will be profitable and viable. 1.1.Background of the project In Ethiopia edible oil has been in its lowest mode of production for a
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- What are the challenges facing the edible oil processing plant in Ethiopia?
- The major challenges of the edible oil processing plant in Ethiopia today is the ever increasing cost of raw materials (oils seeds) and the stagnant selling price of the final products.
- Is edible oil a viable business idea in Ethiopia?
- Economic feasibility investigation result also shows the profitability of the business idea, since, the net present value is positive which mean acceptable and viable for implementation. The Ethiopian government is aiming to achieve self-sufficiency in edible oil by 2015.
- Does cooking oil need to be refined in Ethiopia?
- According to the Ethiopia standard all edible oil must be refined, although a number pf specific oil seed must be semi refining. Several efforts geared towards addressing the growing demand for cooking oil with locally produced oil is well underway. CHAPTER THEREE - MARKET AND DEMAND ANALYSIS 3.1. Market Investigation 3.1.1.
- What is the capacity utilization rate of edible oil plant?
- Considering the existing high demand for edible oil in the market, the plant is proposed to start at capacity utilization rate of 70% in the initial year and with 5% increment per annum the project is expected to reach maximum attainable capacity of 95% in the sixth year. 10.1.1.
- What is Ethiopian edible oil company's policy?
- The company`s policy is to command high reputation from its clients by rendering fast, compressive and most efficient service. According to the Ethiopia standard all edible oil must be refined, although a number pf specific oil seed must be semi refining.
- Is avocado oil production feasible in Ethiopia?
- The aim of this work is to investigate the feasibility of oil production from Avocado in Ethiopia. Being the soil nature, and the weather condition and of course the seasonality is ideal for Avocado cultivation, there is a wide production of Avocado in different area in Ethiopia.