Palm Kernel Oil Extraction & Processing Machine Prices In Nigeria (2024)

You must know the palm kernel oil extraction and processing machine prices in Nigeria if you are planning to start a palm Kernel oil processing business. Local Palm Oil Processing Machines will cost anything from N250,000 to N10,000,000 and above depending on the capacity of the machine you are buying.

Nigeria is a leading producer of palm oil, and palm kernel oil (PKO) is a valuable byproduct.

Extracting PKO requires specialized machinery, and the cost can vary depending on several factors.

In this post, I will provide a comprehensive guide to palm kernel oil extraction machine prices in Nigeria, helping you make sound business planning decisions.

You can also see: Current Palm Oil Price In Nigeria.

Please read along!

What is Palm Kernel Oil Extraction?

Before we go into the pricing of palm kernel oil extraction machines in Nigeria, let us first look at the meaning and stages involved in the extraction and processing of palm kernel.

In order to obtain palm kernel oil, the kernels of the oil palm fruit are extracted. Several phases are involved in the extraction process, including:

1. Cleaning: To get the palm seed ready, it had to be washed to get rid of any impurities or other particles that come with the kernel during harvesting..
2. Cracking and crushing: Breaking the seed up into smaller pieces is what cracking and crushing mean. A skilled crusher is needed to break up the original palm kernel into small pieces that are easier to process.
3. Separation: There are two kinds of separation. Most of the time, we use equipment that crushes and separates palm kernels.
4. Conditioning: Conditioning means heating and moistening the split palm kernel to get the most oil out of it.
5. Extraction: Using mechanical pressing or liquid extraction to separate the oil from the kernel material.
6. Clarification: Impurities are taken out of the recovered oil so that it can be used as edible oil.
7. Storage: Palm oil is stored in an airtight containers at room temperature.

Local Palm Oil Processing Machine Price In Nigeria

The following is a breakdown of the anticipated price ranges for various types and capacities of palm kernel oil extraction machines that are manufactured locally in Nigeria.

Small-Scale Local Palm Oil Processing Machine (1-2 TPD) ton/day:

Mechanical Expeller: NGN 250,000 – NGN 1,500,000

Oil Press Extractor: 700,000 – NGN 2,000,000

Medium-Scale Local Palm Oil Processing Machine (3-5 TPD) ton/day:

Mechanical Expeller: NGN 2,000,000 – NGN 5,000,000

Large-Scale Local Palm Oil Processing Machine (6 TPD and above) ton/day:

These are machines for processing palm oil. They have a steam boiler, a palm fruit boiler with a staircase, and a digester that a 10hp electric motor or a diesel motor can drive.

The hydraulic presser of these machines can be powered by a 7.5hp electric motor or a China Lister diesel engine.

A 5kva electric motor powers the palm fruits bunch thresher machine and the fiber and nut separate machine.

Mechanical Expeller: N5,500,000 – N10,000,000 and above, depending on their capacities.

Foreign Industrial Palm Oil Processing Machine Price In Nigeria

The foreign industrial oil extraction and processing machines cost more than the locally produced ones.

Below is an average price range for industrial palm oil machines in Nigeria.

Palm Oil Processing Machine (1 to 5 TPD) ton/day

Mechanical Expeller: N2,500,000 – N5,000,000

Palm Oil Processing Machine (5 to 10 TPD) ton/day

Mechanical Expeller: N5,500,000 – N10,000,000

Palm Oil Processing Machine (10 to 20 TPD) ton/day

Mechanical Expeller: N10,500,000 – N18,000,000

Palm Oil Processing Machine (from 20 above TPD) ton/day

Mechanical Expeller: Expect to pay higher amount depending on the automation and capacity.

Price Of Oil Palm Seedlings In Nigeria.

Generally, the price of oil palm seedlings ranges from N900 to N1200, depending on the type of seedlings.

How much are oil palm seedlings at Nifor?

Nigerian Institute For Oil Palm Research (NIFOR) sells oil palm seedlings at N1,000.

Costs To Consider When Buying Local Palm Oil Processing Machine

Take into consideration the following additional costs in addition to the machine itself:

Installation: The cost of installing and commissioning the equipment might range anywhere from N100,000 to N500,000, depending on the level of complexity encountered during the installation process.

Spare Parts: Include a fund for spare parts in your budget to guarantee that operations run smoothly and to reduce downtime.

Civil Works: For civil works, alterations to your workspace may be required, depending on the machine that you have selected.

Images/Photos of Local Palm Oil Processing Machine

What Factors Affect Palm Oil Extraction Machine Prices in Nigeria?

Several factors, including the following, determine the price of a palm kernel oil extraction machine in Nigeria:

Machine Capacity

An important factor that determines the price is the capacity of the machine, which is expressed in terms of the number of tons of palm kernels processed per day (TPD).

However, machines with a larger capacity are more expensive, but they are appropriate for activities on a larger scale.

Level of Automation

Fully automatic devices require very little intervention from a human operator, but a higher price tag is associated with them.

Semi-automatic machines provide a balance between the amount of manpower required and the cost of the equipment.

Brand and Manufacturer

Reputable brands that have demonstrated their level of technological expertise typically fetch a higher price.

The quality of the materials

Although machines that are constructed with high-quality, long-lasting materials will be more expensive, they will have a longer lifespan and require less maintenance.

Additional Features

The price can increase due to the presence of additional features such as automatic temperature control, integrated filtration systems, and safety measures.

What Ways To Finance The Purchase Of Palm Kernel Oil Extraction Machines In Nigeria?

Several financing options can facilitate the purchase of palm kernel oil extraction equipment:

Loans:

Banks and other financial organizations offer loans expressly to finance the acquisition of agricultural machinery.

Government Grants

The Nigerian government may provide financial assistance in the form of grants or subsidies to encourage the production of palm oil.

Check for available government programs.

Leasing of Equipment:

Leasing gives you the opportunity to utilize the machine for a predetermined amount of time while making payments on a monthly basis, which may improve your cash flow.

Cooperative society:

Nowadays, cooperative societies do offer their members soft, low-interest loans to purchase agricultural equipment for their business.

Thereby, belonging to a cooperative society in Nigeria, you are sure of getting the desired loan to finance the purchase of a palm oil processing and extraction machine

How To Know The Right Palm Kernel Oil Extraction Machine To Buy In Nigeria?

Define Your Needs: Carefully consider your processing capacity, budget, and desired level of automation that would be okay for your palm oil processing business.

Level of automation: Determine the desired level of automation by analyzing the amount of available manpower and the available funds to determine whether a completely automatic or semi-automatic machine is the more suitable option.

Reputable Suppliers: Obtaining estimates from well-established suppliers who have experience in palm kernel oil processing equipment is an important step in researching reputable vendors.

After-Sales Support: You should take into consideration after-sales support. Select a provider that provides dependable after-sales support, which should include the availability of spare parts and technical assistance.

Inspect the Machine: Before making a purchase, a physical inspection of the machine is recommended to evaluate its construction quality and performance.

Compare Prices and Features:  Evaluation of Costs and Characteristics: Be sure to look beyond the price that is the lowest. Before making a choice, it is important to evaluate the features, after-sales service, and total cost of ownership of each option.

What Are The Benefits Of Owning A Palm Kernel Oil Extraction Machine In Nigeria?

Purchasing a machine that extracts palm kernel oil comes with a number of benefits, including the following:

• If you extract your PKO, you will be able to maximize your income by capturing the full value of your palm nuts.
• When you have your extraction process, you can manage the quality of the oil that is produced. This results in improved quality control.
• Reduced Dependence on Third-Party Palm Kernel Oil Suppliers: When you own your machinery, you rely less on third-party PKO suppliers, which could potentially improve the reliability of your supply chain.
• Investing in the domestic production of PKO has the potential to contribute to Nigeria’s economic self-sufficiency, which can be increased through increased self-sufficiency.

How to Maximize Return on Investment (ROI) for Your Palm Kernel Oil Extraction Machine?

The following are some suggestions that can help you maximize your return on investment (ROI) once you have obtained your machine of choice:

• Keep Consistent Operation: Make sure to schedule maintenance regularly to guarantee that your machine continues to function at its best and lasts as long as possible.
• Source Palm Kernels of High Quality: The utilization of palm kernels of high quality maximizes both the oil yield and the product quality.
• Value-Added Goods: If you are interested in refining your PKO for higher-value applications such as cosmetics or food goods, you should consider developing it.
• To ensure that you can sell your extracted palm kernel oil effectively, you should develop a powerful marketing strategy that includes establishing a network of buyers.

Palm Oil Processing In Nigeria

Indonesia and Malaysia are the biggest producers of palm oil in the world. Thailand came third, followed by Nigeria, which came fourth position.

The amount of palm oil that was produced in Nigeria reached 1.4 million metric tons (according to Statista) in the year 2023 on average.

Between the years 2009 and 2023, the quantity of production typically increased, with the year 2010 marking the largest rise, with the amount increasing by around 14 percent.

The output from palm oil production has been on an upward trend since 2014 when it first began to increase. Now, Nigeria is among the most important producers of palm oil in the world.

What is the Best Palm Breed in Nigeria?

In Nigeria, the Tenera Palm is considered to be one of the most exceptional palm breeds.

Their yields are much higher than those of the Nigerian type, they mature more quickly (three to five years), and they are preferred for commercial use because of their high oil content. 

Next up is the Supergene Palm (Hybrid), which comes in second. High yields are comparable to those of Tenera, with the possibility for even faster maturity (two to three years) under optimal conditions.

Conclusion

The market for palm kernel oil extraction machines in Nigeria provides different machine options at various price points.

You can choose the machine that is most suited to maximize your profitability and help the expansion of the palm oil business in Nigeria by knowing the palm kernel oil extraction and processing machine prices in Nigeria, giving careful consideration to your needs, financial constraints, and long-term objectives while making your selection.

To guarantee that you make a smart investment that propels your palm kernel oil business forward, you should do thorough research, compare possibilities, and get professional advice that can help the process.

Note: The prices in this article are just estimations. Actual prices may be higher or lower based on features, brands, and changes in the market. To get correct price information, it’s important to get up-to-date quotes from reputable suppliers.