Saturday, August 20, 2011
BELIZE CHOPSTICK BUSINESS OPPORTUNITY FOR BELIZE EXPORT
LOCAL BELIZEAN BUSINESS ENTREPRENEURIAL OPPORTUNITY WAITING FOR SOMEBODY.
CHOPSTIC MARKET HUGE IN ASIA
Saw a program on CNN TV, about this Korean immigrant that moved to the USA and was finally able to start a small factory making chopsticks, selling them to ASIAN countries. There are four of five countries in Asia where eating with disposable chopsticks is the norm. Disposable wooden chopsticks, are their knife, fork and spoon. Except they throw them away after using them.
The market size is about 3 billion chopsticks a day.
This Korean US Immigrant got some woodworking machinery and packaging and started shipping wooden chop sticks from the state of Georgia in the USA. He now has 100 workers and makes his chopsticks out of poplar tree lumber. He is currently shipping 1 million chopsticks a day. He wants and expects to get up to 10 million chopsticks before the end of this year. Business is good, the market insatiable. The market being in the billions.
Now maybe a Belizean entrepreneur could not exceed a million a day, as our forests are limited. They like white lumber too, which might be a limitation. Perhaps a plantation of fast growing trees to supply the Belize chop stick manufacturing exporting business? Still, 1 million a day chopsticks shipped in exports, providing 100 jobs. Not to be sneezed at.
Shipping chopsticks from the USA to China and Korea and places like that sounds a bit wierd. The way the documentary made it sound, it was the advantage of machinery and tools over labor, that makes it possible and profitable.
Posted by A Professional BEACH BUM retires in Belize! at 11:43 PM