Exports In 2021, Togo exported $45.8M in Palm Oil, making it the 37th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 15th most exported product in Togo. The main destination of Palm Oil exports from Togo are: Niger ($23.5M), Senegal ($10.7M), Ghana ($8.14M), Benin ($1.28M), and Burkina Faso ($1.17M).
What is the impact of palm oil processing mill in Nigeria?
There were three main factors that had great impact on the development of palm oil processing mill in Nigeria: Traditional and out-of-date palm oil processing machines and techniques. As a result, Nigeria is no longer the leader of palm oil production in the world. It has been outpaced by Indonesia and Malaysia.
How much does a palm oil mill cost in Nigeria?
Some of them include; Extraction press machines cost $800 to $4000, depending on their sizes and functions. This is N288,000 to N1,440,000 in the Nigerian currency. Small scale palm oil mill press ranges from $2880 to $2980 which amounts to N1,022,400 to N1,057,900.