Walnut is a healthy and nutritious product, rich in vitamins and minerals. Walnuts are used in confectionery purposes for the preparation of cakes, creams and other sweets, as well as for medical purposes for the manufacture of therapeutic drugs.
That is why the cultivation of walnuts can become a profitable business and with the right approach can bring a stable income.
The benefits of walnut business
One of the main advantages of the walnut business is low competition.
At the moment, very few entrepreneurs want to invest in the cultivation of nuts, because they do not see this as profit and great returns.
Such a business is characterized by seasonality, because walnut can be grown only in the summer, and the trees will be able to produce fruits only under appropriate weather conditions: optimum temperature and humidity.
Planting walnuts requires large areas, for this you need to live and work in rural areas in order to timely take care of the soil.
If the producer takes a responsible approach to planting trees, in the future business can become a source of passive income: the trees will bear fruit for several years, and you will collect large, hearty nuts every summer.
Marketing opportunities
Walnuts are a rather scarce product both in the CIS countries and in Europe, so you will find those who want to buy nuts almost as soon as your trees bear the first fruits. The bulk of walnut buyers are buyers who act as middlemen.
Working with individuals will give you a good income in the early stages of your business. As soon as you start getting large batches of nuts, you will be able to sell them to large enterprises: confectionery or pharmaceutical companies.
If you want to calculate the minimum income from nut trees, keep in mind that one tree at the age of 8 years can produce a crop weighing 18 kg. For 1 kg. nuts buyers pay 1-2 dollars.
For a start, you can plant several trees, calculate the income that you get after fruiting, and if you are satisfied with the level of profit, you can plant a whole plantation and earn up to 6500 dollars of passive income per year.
Choosing the right grade
The profitability of your business will depend on the variety of nuts that you decide to plant.
The main criteria for high-quality fruit are thin shells and a strong, full core of a light color..
Thin shells are well cleaned, so these nuts are willing to take and give a good price for them, and the large kernel has a rich taste and nutritional properties, which is especially appreciated by confectioners.
Nuts with such characteristics are valued abroad and can be successfully exported.
When choosing a variety of nuts, take into account that a variety that successfully grows in the Crimea may not adapt well to the weather conditions of colder regions and not give good fruits.
