Everyone in the Ginger value chain industry had a reason to smile or laugh all the way to the bank. The 2015/2016 Ginger season ended on a very good note. The Price of dry split ginger open in October 2015 at N350,000 per ton and close in April 2016 at N650,000. You can imagine the happiness in the face and account of the farmers and all stakeholder in ginger business.
Few weeks to go, the ginger season for 2016 / 2017 season would make a grand entrance. From a personal point of view, I think that the prices will soar higher than last season. So how does an entrepreneur ( investor) position himself to take an advantage of this industry?
Ginger process starts from planting to harvesting and then to export or industrial uses, the more value attached to the chain, the higher the prices it commands. Fresh Ginger is cheap compared to dry split ginger . Presently fresh ginger goes for N195,000 per ton while dry split ginger goes for N550,000 per ton. The difference is because the is no value added to the fresh ginger after harvesting. One of the ways to make money from this business if you are not a farmer is to buy fresh ginger and process into dry split ginger.
Let check the maths using a ton of fresh ginger as a case study .
Price of a ton of Fresh Ginger===== N195,000
logistic ====== N 10,000
Processing ====== N 25,000
Bagging and labour ======= N 10,000
Total Cost ======= N240,000

Price of one ton of dry split ginger N550,000
Profit N310,000

(bear in mind that these prices are volatile(could change any time )
So if you didn’t farm Ginger the easiest way to tap into this is to get the fresh Ginger at the start of the season and process into dry split ginger and make over 120 percent returns on Investment .


Bear in mind that at times prices(ginger) soar higher than a supersonic jet and could fall faster than gravity, so please do your due diligence before you invest.
I could be contacted me on (234)07034706326 email: iniobong4solution@gmail.com

How many tons of Ginger can you grow in one acre of land? What is the cost? And many months or days does it take to grow ginger to mature status?

@op, we need you to elaborate more on planting ginger and growing them successfully? I also want to ask questions as regards what you wrote above. Is it possible to get the same weight when the ginger is dried? Please try and compute it well and come out with a real figure. Thanks

weimar:
How many tons of Ginger can you grow in one acre of land? What is the cost? And many months or days does it take to grow ginger to mature status?

. please read this thread for your answers. thanks .any further questions please call 07034706326p://www.nairaland.com/3058744/make-over-300-profit-planting

karlxavier:
@op, we need you to elaborate more on planting ginger and growing them successfully? I also want to ask questions as regards what you wrote above. Is it possible to get the same weight when the ginger is dried? Please try and compute it well and come out with a real figure. Thanks

please read this thread for your answers. thanks .any further questions please call 07034706326p://www.nairaland.com/3058744/make-over-300-profit-planting. fresh ginger has a weight of 75kg a bag ,it would would lost 30kg after drying . thanks

At inibong, do you offer practical training on ginger farming?

But pls op,1 ton of fresh ginger after processing can not give 1ton of dried split ginger.we will appreciate your explanation on this

I support what the poster above me posted. Please give us the exact tonnage it. Would produce when processing one ton of fresh ginger?

Godfirst2014:
But pls op,1 ton of fresh ginger after processing can not give 1ton of dried split ginger.we will appreciate your explanation on this

Godfirst2014:
But pls op,1 ton of fresh ginger after processing can not give 1ton of dried split ginger.we will appreciate your explanation on this

if you are processing i will show the secret .

At inibong, we need your help on this. After processing 1 ton of fresh ginger, how many kilograms woukd it give if processed to export standard dried split ginger? I need your replies

karlxavier:
At iniobong, we need your help on this. After processing 1 ton of fresh ginger, how many kilograms would it give if processed to export standard dried split ginger? I need your replies

After processing one ton of fresh Ginger, you would lost 35kg to 40kg, if you get 30 bags of well stack fresh ginger you are sure to come out a ton of dried ginger after packaging.