Post by Trade facilitator on Apr 22, 2016 12:27:05 GMT 1
Young entrepreneurs are making successes in the export of foodstuff and other commodities to Europe and Asia. This has translated into good business ans sustainable source of livelihood, DANIEL ESSIET reports:
A lot of young entrepreneurs are establishing themselves as important source of supply of fresh produce to Europe. While some are suppliers of fresh fruits and vegetables, other are exporters of high valued food commodities. Their returns come in dollars and euros.
An example of such export success is The Thy Global Investment Limited, owned by Ismail AbdulAzeez, a Sango Ota, Ogun State based entrepreneur, who has proven that he can supply quality food stuff to Europe and Asia.
Over the years, he has exported various food, and provided guidance on those in demand. He has gained international exposure and increased profit through exprt.
Although he had no prior experience, he began researching on international markets. He was able to penetrate international markets in a short time. For him, food stuff exports is one of those untapped culinary adventures in Europe with many specialist restaurants and eateries opening and increasing number of caterers, driving a new foodie future for Nigerian and African cuisine.
Besides, there are buyers seeking specialized suppliers of organic fruits and vegetables such as garlic, onions, carrots, tomatoes, potatoes, cabbage, green beans, peas, courgettes and peppers.
Europe is a big market with many retailers who can absorb big volumes as long as suppliers can guarantee ongoing development and superior quality.
The strategy is : develop and supply various crops to meet export demand. His firm is ready to assist exporters to supply major crops in demand across Europe.
He, however, noted that the market has unique characteristics and challenges, meaning exporters must ensure consistent high quality to meet consumer and retailer demands. He has been able to explore new opportunities in market, and link exporters to buyers looking for the best.
For him, Europe has emerged as a significant food stuff exporter. The United Kingdom is one of its most important markets. Europe is a diverse, challenging market, where soaring economic growth has fulled an equally strong demand for imported agricultural products. A strong economic outlook, a growing middle class, and increased demand for consumer-oriented products indicate that Europe will continue as one of the fastest growing export regions for African agricultural products.
In addition, he recommends research on key sectors within the EU market. Many successful exporters started by selling internationally using family members and friends abroad. Some responded to inquiries from foreign firms. Many Nigerian firms receive such requests yearly. Generally, successful firms make it a priority to respond to inquires, conduct research on foreign customers and build positive relationships with partners.
He provides information that will help exporters looking for markets in Canada, the EU, Spain and the United States.
Source: THE NATION, WEDNESDAY, APRIL, 13, 2016.
A lot of young entrepreneurs are establishing themselves as important source of supply of fresh produce to Europe. While some are suppliers of fresh fruits and vegetables, other are exporters of high valued food commodities. Their returns come in dollars and euros.
An example of such export success is The Thy Global Investment Limited, owned by Ismail AbdulAzeez, a Sango Ota, Ogun State based entrepreneur, who has proven that he can supply quality food stuff to Europe and Asia.
Over the years, he has exported various food, and provided guidance on those in demand. He has gained international exposure and increased profit through exprt.
Although he had no prior experience, he began researching on international markets. He was able to penetrate international markets in a short time. For him, food stuff exports is one of those untapped culinary adventures in Europe with many specialist restaurants and eateries opening and increasing number of caterers, driving a new foodie future for Nigerian and African cuisine.
Besides, there are buyers seeking specialized suppliers of organic fruits and vegetables such as garlic, onions, carrots, tomatoes, potatoes, cabbage, green beans, peas, courgettes and peppers.
Europe is a big market with many retailers who can absorb big volumes as long as suppliers can guarantee ongoing development and superior quality.
The strategy is : develop and supply various crops to meet export demand. His firm is ready to assist exporters to supply major crops in demand across Europe.
He, however, noted that the market has unique characteristics and challenges, meaning exporters must ensure consistent high quality to meet consumer and retailer demands. He has been able to explore new opportunities in market, and link exporters to buyers looking for the best.
For him, Europe has emerged as a significant food stuff exporter. The United Kingdom is one of its most important markets. Europe is a diverse, challenging market, where soaring economic growth has fulled an equally strong demand for imported agricultural products. A strong economic outlook, a growing middle class, and increased demand for consumer-oriented products indicate that Europe will continue as one of the fastest growing export regions for African agricultural products.
In addition, he recommends research on key sectors within the EU market. Many successful exporters started by selling internationally using family members and friends abroad. Some responded to inquiries from foreign firms. Many Nigerian firms receive such requests yearly. Generally, successful firms make it a priority to respond to inquires, conduct research on foreign customers and build positive relationships with partners.
He provides information that will help exporters looking for markets in Canada, the EU, Spain and the United States.
Source: THE NATION, WEDNESDAY, APRIL, 13, 2016.
