If you’re looking to buy palm oil in bulk in Nigeria, finding a reliable supplier with top-quality products is essential. Whether you’re a business owner, a food vendor, or simply need a large quantity for personal use, knowing where to source high-quality palm oil can make a significant difference.
Also, Read
Where Is The Best Palm Oil In Nigeria?
Why Buy In Bulk?
Buying palm oil in bulk offers several advantages:
1. Cost Savings
Purchasing in large quantities often comes with lower per-unit prices, saving you money in the long run.
2. Consistency
When you buy from a trusted supplier, you ensure consistent quality and availability.
3. Convenience
Stocking up on bulk palm oil means you’ll always have a supply on hand, reducing the need for frequent reordering.
Top Choice for Bulk Palm Oil: Humphrey Farms
For the best bulk palm oil in Nigeria, look no further than Humphrey Farms. Located in Edo State, Humphrey Farms is renowned for producing high-quality palm oil that meets the highest standards. Here’s why Humphrey Farms should be your go-to source:
1. Premium Quality
At Humphrey Farms, we extract palm oil from the freshest palm fruits using advanced methods. Our oil is rich in flavor, vibrant in color, and free from impurities, making it perfect for all your culinary needs.
- Bulk Orders: We specialize in supplying palm oil in large quantities, catering to businesses, wholesalers, and individual customers who require significant amounts.
- Reliable Supply: Our extensive production capacity ensures that you receive a steady supply of palm oil, even during peak demand periods.
- Competitive Prices: Buying bulk palm oil from Humphrey Farms means you benefit from our competitive pricing, providing you with excellent value for your money.
International Export
In addition to serving customers within Nigeria, Humphrey Farms also exports our premium palm oil to countries like Canada and the USA. Our commitment to quality and reliability extends beyond borders, ensuring that international clients receive the same high standard of palm oil.
How To Place Your Order
Ready to buy palm oil in bulk? Contact Humphrey Farms today to discuss your needs and place an order:
- Phone: +2348033122746 or +23408137975211
- Email: Humphreyfarmsng@gmail.com
Experience the best in bulk palm oil with Humphrey Farms. Whether you’re buying locally or need international shipping, we’re here to provide top-quality palm oil that meets your demands.
Get in touch with us today and enjoy the benefits of premium palm oil for your business or personal use.
How Much Is A Ton Of Palm Oil In Nigeria?
Palm oil is a crucial ingredient in Nigerian kitchens, used in a wide range of traditional dishes. If you’re looking to buy palm oil in bulk, knowing the current prices is essential for budgeting and planning.
Here’s a breakdown of how much you can expect to pay for a ton of palm oil in Nigeria, and why Humphrey Farms should be your top choice for purchasing.
Current Price Range for Palm Oil
The price of palm oil can vary depending on whether you’re buying retail or wholesale. Here’s a general guide to the costs:
- Retail Prices: For retail purchases, palm oil prices typically range from about $1.93 to $4.83 per kilogram. In Nigerian Naira, this translates to approximately NGN 3,088 to NGN 7728 per kilogram. Prices in pounds (lb) range between $0.88 and $2.19, or NGN 1408 to NGN 3504.
- Wholesale Prices: If you’re buying in bulk, wholesale prices for palm oil are generally between $1.35 and $3.38 per kilogram. This equates to about NGN 2160 to NGN 5408 per kilogram.
Why Choose Humphrey Farms
When it comes to purchasing high-quality palm oil in bulk, Humphrey Farms is the best choice. Here’s why:
- Premium Quality: Humphrey Farms offers top-notch palm oil produced using advanced methods that preserve the natural flavor and nutrients. Our palm oil is carefully processed to ensure it meets the highest quality standards.
- Competitive Pricing: We provide bulk palm oil at competitive prices, offering great value for money. Our prices are designed to be affordable without compromising on quality.
- Reliable Supply: With our large-scale production capacity, we ensure a steady supply of palm oil to meet your needs, whether you’re a retailer, a food business, or an individual requiring large quantities.
- International Export: In addition to serving customers within Nigeria, Humphrey Farms exports palm oil to countries like Canada and the USA. Our commitment to quality ensures that international clients receive the same premium product.
Contact Humphrey Farms
For the best deals on bulk palm oil and to ensure you’re getting the highest quality, reach out to Humphrey Farms:
- Phone: +2348033122746 or +23408137975211
- Email: Humphreyfarmsng@gmail.com
Don’t miss out on the opportunity to purchase premium palm oil at great prices. Contact Humphrey Farms today to place your bulk order and enjoy the finest palm oil available.
Whether you’re buying locally or need international shipping, we’re here to provide you with the best palm oil to meet your needs.
How Much Is A Drum Of Palm Oil In Nigeria?
If you’re considering buying palm oil in bulk, knowing the current prices is crucial. Here’s a snapshot of how much a drum of palm oil costs in different markets across Nigeria:
- Lagos: A 25-liter drum of palm oil typically costs around NGN 30,000 in markets like Mushin, Daleko, Aguda, and Mile 2.
- Abuja: Prices in Abuja are slightly higher, starting from NGN 40,000 for a 25-liter drum.
- Port Harcourt: In Port Harcourt, you can expect to pay approximately NGN 35,000 for a 25-liter drum.
- Enugu and Oyo: Prices in Enugu and Oyo are similar to Lagos, with costs starting from NGN 30,000 for a 25-liter drum.
Factors Influencing Palm Oil Prices
Several factors can affect the price of palm oil in Nigeria:
1. Seasonality
The price of palm oil is significantly influenced by the season. The harvest period runs from March to May, during which supply exceeds demand, often leading to lower prices. Conversely, from September to December, prices rise due to decreased availability as the oil becomes scarce.
2. Location
Prices can vary depending on where you buy the palm oil. Generally, it is cheaper in the South Eastern and Niger Delta regions and more expensive in the Middle Belt. The South Western parts of Nigeria offer intermediate pricing.
Why Choose Humphrey Farms
For those seeking reliable and high-quality palm oil, Humphrey Farms is an excellent choice. Here’s why:
1. Premium Quality
At Humphrey Farms, we offer top-grade palm oil sourced from the finest oil palms. Our products are known for their rich flavor and consistency.
2. Competitive Prices
We provide bulk palm oil at competitive rates, ensuring you get the best value for your money.
3. Nationwide and International Supply
In addition to serving local markets across Nigeria, Humphrey Farms exports palm oil to countries like Canada and the USA, meeting international standards.
Get in Touch with Humphrey Farms
Looking to purchase palm oil in bulk? Contact Humphrey Farms for the best quality and prices:
- Phone: +2348033122746 or +23408137975211
- Email: Humphreyfarmsng@gmail.com
For the finest palm oil and great deals, reach out to Humphrey Farms today and ensure you’re getting the best for your needs. Whether you’re buying locally or need international shipping, we’re here to provide top-quality palm oil at competitive prices.
Who Is The Biggest Buyer Of Palm Oil?
Palm oil is a versatile ingredient used in food, cosmetics, and cleaning products. As a major global commodity, it’s important to know which countries are the largest buyers of this valuable oil. Let’s explore who leads the world in palm oil imports and how these trends shape the market.
Top Palm Oil Importers
As of 2022, India stands out as the largest importer of palm oil globally. India’s palm oil imports totaled around $11.7 billion, making it the top buyer by a significant margin. This amount is more than double what China, the second-largest importer, spends on palm oil, which was about $5.8 billion in the same year.
India’s Palm Oil Imports
India imports the majority of its palm oil from Indonesia, receiving approximately five million metric tons annually. This accounts for around 43% of its total palm oil imports.
Malaysia is also a major supplier, contributing about a quarter of India’s palm oil imports. Overall, India’s annual consumption of palm oil reached nearly 8.2 million metric tons in 2022. Despite some fluctuations, this consumption level has been relatively stable over the past decade.
Other Key Importers
In addition to India, China and the European Union (EU) are significant buyers of palm oil. China has seen a steady increase in palm oil imports over the past seven years, although there was a notable decline during the 2020/21 pandemic.
The EU has also been increasing its imports, with figures rising from approximately $1.9 billion in 2006 to around $7.5 billion in 2022.
In Latin America, Brazil and Mexico are leading importers, with their combined imports amounting to nearly $765 million. Brazil’s imports are about $384 million, while Mexico’s are approximately $381 million.
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India remains the largest buyer of palm oil worldwide, with its substantial imports shaping global market trends.
The country’s reliance on palm oil from Indonesia and Malaysia highlights the importance of these regions in the global supply chain.
As the palm oil industry continues to evolve, understanding these key players helps in grasping the broader dynamics of the market.