FULL-FLEDGED PRE-FEASIBILITY ANALYSIS
Production of Prickly Pear Oil
Market
| Targeted market | Oil: The target customers are cosmetics and skin care industry in international market. Fruit pulp: The target customers are jam and juice producers in international and local market. Fruit peel and seeds meal: The target customers are local fodder producers. |
| Project description | Processing of Prickly Pear fruits to produce Prickly Pear Oil. The oil will be extracted from the seeds. The pulp of the fruit, the peels and the seeds-meal are considered as by-products. |
| Competitive edge |
The main equipment required for the production facility is available locally. Prickly pears are cultivated in Egypt in large quantities and their prices are relatively low compared to the rest of the world. In addition, cost-competitive labour is available in Egypt. |
| Market features | Size 2.81 billion USD globally in 2022 – Egypt’s growth 17% (2022 compared to 2021) |
Financial Features
| Prickly pear fruit tonnage | Scenario 1 200-ton |
Scenario 2 500-ton |
| Investment | 23.5 million EGP | 43.1 million EGP |
| IRR | 71% | 105% |
| Simple payback | 1.9 years | 1.0 year |
Process
| Required Input | 200 to 500 tons of prickly pears per year. Land area for the factory. |
| Process/Technology | Removing the prickles, Pulping, Washing, Drying, Cold pressing, Filtration, Storage and Packing. |
| Equipment | Coarse brusher for removing the prickles, Pulping, Washer, Dryer, Cold pressing, Filtration, Storage and Packing machines. |
| Human Resources | Technicians, Machines operators, and Drivers |
Risks and Mitigation Measures
| Risks and Mitigation Measures | Difficulties in marketing the pulp in the local market since it is still emerging, which could be mitigated by exporting the pulp. The season of prickly pears is about 70 days. The factory should process other fruits for the rest of the year to increase its profitability. |
Impacts
| Environmental impact | Utilization of the peels in fodder and compost production will reduce environmental impact as compared to using traditional resource-consuming products. |
| Social impact | Provides direct and indirect job opportunities in different production stages and value chain. |
Location
| Location of Supply | It can be purchased from primary producers and/or traders. |
Studies
| Serial | File name | Download |
| 1 | PPO-Fact Sheet-Eng- Ar |
