Friday, October 19, 2018

Cocoa Export



AKOKO ETADJEME SERVICES LIMITED is duly registered by the Federal Government of Nigeria under the Corporate Affairs Commission and duly certified as an exporter by Nigerian Export Promotion Council. The company is located at 163, Yoruba Road Ext Sapele Delta State, Nigeria. We deal in products like Cocoa, sesame seed, rubber, cashew nuts and other related products. We are a member of Successedge Exporters Network.
Cocoa products are used extensively in the food and pharmaceutical industries.Cocoa powder and cocoa butter are often mixed with chocolate liquor (groundcacao seeds), sugar, milk, and other flavors.
Cocoa solid, cocoa butter, and chocolate are all rich sources of antioxidants. Epidemiological studies show an inverse association between the consumption of cocoa and the risk of cardiovascular disease.  The likely mechanisms are antioxidant activity; improvement in endothelial function, vascular function, and insulin sensitivity; as well as attenuation of platelet reactivity and reduction in blood pressure.
Providing employment for a large section of the population, agriculture remains a major source of economic activity in Nigeria. Nigeria produced 242 000 tonnes of cocoa in 2008. The National Cocoa Development Committee (NCDC), made up of the 14 cocoa producing states in the country, has distributed new high yield cocoa seedlings to cocoa farmers, and continues to allow the purchase of chemicals and inputs at 50% subsidy.
Cocoa ( Theobroma cacao L. ) is a native of Amazon region of South America. The bulk of it is produced in the tropical areas of the African continent. There are over 20 species in the genus but the cocoa tree Theobroma cacao is the only one cultivated widely.
Cocoa is the second major non-oil foreign exchange earner in Nigeria after leather. It is produced in fourteen {14} states of the federation namely Ondo,Cross River, Oyo, Osun, Ekiti, Ogun, Edo, Kogi, Akwa Ibom, Delta, Abia, Kwara, Ebonyi and Rivers with an annual production rate of 400,000 metric tons {MT}.
Over 98% of the product is exported and it’s provides means of livelihood and employment to over five million {5,000,000} people.
In the year 2005 alone, export revenue from the sales of cocoa amounted to US $ 136.7 Million with Netherland, UK, France, Germany, Spain, Italy, USA and Japan being the major export destination. Other emerging markets include China and India.
South West Nigeria is regarded as the cocoa belt of the country, accounting for 70 per cent of Nigeria’s annual production of 242,000 metric tonnes in 2008.
Global production of cocoa is concentrated effectively in the regions between 10° North and 10° south of the Equator. Traditionally, cocoa is cultivated in producing countries and sold for export in the form of beans. Importing countries then process the beans, transforming the raw goods into finished or semi-finished products (cocoa butter, cocoa liqueur, cocoa powder, etc.).
In recent years, in an effort to increase the value of exports, some producer countries, such as the Ivory Coast, Ghana, Nigeria and Brazil, have developed their own facilities for grinding beans.
World consumption is estimated at 2 800 000 tons per year. The largest cocoa importers are Europe (more than 1.2 million tons per year) and the United States (0.4 million tons per year). The largest importers are Holland, the US, Germany, Britain and Brazil.
The return on investment on the trading of cocoa beans is between 10- 25%.
Charcoal is an exportable commodity and we have the capacity and are willing to export it to any country in the world.

We can be contacted on: +23481633333853, +2348032664358 or send us an e-mail: akokoetadjemesltd@gmail.com, isabamckinton52@gmail.com