Profitability of palm oil marketing in Ethiope East Local Government Area of Delta State, Nigeria.

摘要

The study focused on the analysis of marketing palm oil in Ethiope East Local Area ofDelta State. The specific objectives of the study were to describe the socio-economiccharacteristics of palm oil marketers, identify the marketing channel for palm oil,estimate the cost and returns to palm oil marketers and to identify the constraints ofpalm oil marketing in the study area. The data were obtained by the use of a structuredquestionnaire administered to one hundred (100) randomly selected palm oil marketersin three markets. Data collected were analyzed using descriptive statistics andbudgetary analysis. The result shows that majority of the marketers had secondaryeducation. The marketers made an average gross margin of N1400 per 200 liters (drum)of palm oil and they were efficient in their marketing activities as shown by theefficiency ratio of 1.17. inadequate capital and high cost of transportation constitutedthe major bottleneck in the marketing of palm oil in the study area.