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- Can Ethiopia scale up its production of edible oil?
- Ethiopia has a huge potential for scaling up its production of edible oil; favorable agro-climatic condition for increased oilseed cultivation, the labor-incentive nature of the sub-sector, a conductive business environment and the huge local demand. Despite this potential, however, the edible oil processing industry remains underdeveloped.
- 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.
- Where does edible oil come from in Ethiopia?
- Supply Estimation The supply of Edible oil in Ethiopia comes from the domestic production and import, though imports take the lion’s share of the supply. The main import sources of oil for Ethiopia are Asian countries, especially Indonesia for palm oil. 3.3. Marketing elements 3.4.
- 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 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.
