Wigmore Trading | Guide to Buying, Exporting and Selling Fish Fillets in Kenya
The Guide to Buying, Exporting and Selling Fish Fillets in Kenya
Fishing is a key sector in the global food supply chain, directly contributing to the livelihoods of over 200 million people and providing more than one fifth of all global protein intake. Kenya, being an East African country, has all the necessary elements for ‘fishing’ success – lots of fresh water sources and rivers teeming with fish. The country also has a coastline about 2,000 kilometers long that has the potential for commercial fishing activities. However, as per the WorldFish Center report from 2014, only about 2% of Kenyans are involved in aquaculture (or fish farming). That’s why many people think that there isn’t a lot of fishing or fish processing happening in Kenya. However, this is far from true. There are several small-scale fish processing companies operating in the country right now. Also, we have seen an increase in demand for locally caught fish fillets over the past few years. Furthermore, there’s been a great response to our request to write this article on buying, exporting and selling fish fillets in Kenya. As such, we have compiled all relevant information to help you understand how fish processing works and what you need to do if you want to get involved in this lucrative industry.
What is fish processing?
Fish processing is the process of turning raw fish into a commercial product. It involves catching, cleaning, processing, packaging, and distributing fish products. Fish processing is an important part of the fishing industry. Fish processing companies employ workers to do everything from catching the fish to packaging the finished product for shipment. The fish are usually cleaned, cut, and packaged at the company’s processing plant. Many fish processors also make fish meal, fish oil, or other fish products that are used as feed for farm animals or as fertilizer. Fish are usually caught in nets or with fishing gear that is dragged behind a boat. Fishnets, trawls, and fish traps are used for catching different species of fish in different places and at different times of the year. Fishing gear is used to catch fish in shallow water where nets are not practical. Fish are often caught from boats that are fitted with special nets or hooks.
Why buy, export and sell fish fillets?
As a buyer, you can be assured that you are supporting the local economy and creating employment in the region where you operate your business. A large portion of the Kenyan population earns their livelihood from fishing. It is, therefore, a very important industry for the country. Fish processing companies process raw fish that is caught by fishermen. They buy the fish as fresh as possible and process it into high-quality products such as frozen fish fillets that can be sold and eaten in different markets. Fish processing companies employ people directly and indirectly. This means that they hire people to do the processing and others to manage the fish plants and sell the products. After processing the fish, the companies sell them in different markets such as supermarkets and food processing industries.
Exporting fish to other countries
Fish processing companies that process fish for export are required to obtain a Fish for Exportation Certificate (FFEC). Exporting fish fillets is a difficult task and requires lots of investment and knowledge of the industry. It’s also important to have a good distribution network and a customer base in order to reach out to potential clients. Exporting frozen fish fillets to EU markets is a very challenging task. For this, you’ll need to meet the EU’s high standards and work with a trusted European trading partner.
Selling your business to a larger company
You can sell your business to a larger company if you think you have reached a stage where you can’t grow your business further without putting in more money and effort. You can expect to make a good profit if you sell your business to a larger company. Selling your business to a larger company will help you exit from the business and get an immediate return from your investment. Larger companies might want to acquire your business because they want to expand their operations in your region and will be looking for ways to do so.
Selling your business to another company in Kenya
Selling your business to another company in Kenya can be a good option when you want to exit from your business but don’t want to sell it to a larger company. You can sell your business to another company in Kenya if you find a company that is interested in your business and its products. In this scenario, your business will continue to operate as usual. The only difference will be that the new owners will manage the business and will be responsible for paying you the agreed amount.
Buying a fish processing business in Kenya
If you want to start a fish processing business and don’t want to invest in building a new plant from scratch, you can buy an existing business. Buying an existing business will save you a lot of time. You won’t have to start from scratch and go through the process of building a new plant from the ground up. Buying an existing business will also save you a lot of money since you won’t have to invest in building a brand-new plant.
Conclusion
Fish processing is an important part of the fishing industry. If you’re interested in fishing, you should also look into fish processing. And if you want to get involved in the fish processing industry, you need to know more about it. If you want to buy, export and sell fish fillets in Kenya, you need to know what fish processing is and how it works. You also need to know what you need to do in order to get involved in this lucrative industry. We hope you have found this article helpful.
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