edible oil refinery plant soya oil refinery plant in ethiopia

                                               
                                               
                                               
                                               
                                               
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  • Is edible oil refining a new industry in Ethiopia?
  • Although edible oil refining is not a new industry in Ethiopia, the sector is currently underdeveloped. There are very few edible oil factories with the necessary knowledge, technical and equipment capacity, human resources, and supply chain to expect fortification of edible oils to flourish.
  • Where are edible oil processing factories located in Ethiopia?
  • Several large edible oil processing factories are under construction or in a pilot phase, located in Bahir Dar, Debre Markos, Burie, Wolkitie, Sebeta, and Dire Dawa.
  • 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.
  • What oilseeds are used in Ethiopia?
  • Nine oilseeds namely noug, gomenzer, linseed, soybean, sunflower, castor, sesame, ground nut and cotton are important in Ethiopia for edible oil consumption. During the last 60 years, 156 varieties with their production practices were registered. Sesame contributes significantly to the foreign currency earnings next to coffee.
  • 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.
  • Is edible oil production in Ethiopia erratic?
  • As it is depicted in the table below, the edible oil volume of production in Ethiopia shows erratic nature from the year 2007 to 2012 expect in the year 2011 which shows significant increase. However, it shows a general tendency of growth induced by high local demand.