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Dried calyx grades for export and domestic sale, and the specification and processing behind each.

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The Company sells four grades along a deliberate value ladder, migrating volume from bulk commodity toward certified and value-added product as capability and certification mature.

Product-mix evolution by share of volume, Year 1 to Year 5 (base case)
Figure 1. Product-mix evolution by share of volume, Year 1 to Year 5 (base case)

Product

Primary customers

FOB USD/MT

Description

Standard cleaned whole calyx

Bulk export & domestic blenders

~2,550

Base grade; cleaned, de-stalked, graded whole calyces in 25kg PP sacks

Premium GAP / organic certified

EU & US tea, nutraceutical buyers

~3,300

Certified, traceable, low-defect calyces meeting importer specifications

Value-added cut & sifted / powder

Tea blenders, food & beverage

~4,300

Cut-and-sifted tea cut and milled powder; higher processing, higher margin

Domestic (zobo / off-grade)

Nigerian zobo & beverage market

~1,450

Off-spec and surplus product sold domestically; a cash-flow and yield buffer

Table 5. Product portfolio and indicative FOB pricing.

The portfolio is intentionally sequenced. Bulk whole calyx generates early cash and builds buyer relationships; certified grades follow once GlobalG.A.P, organic and HACCP audits are passed; and value-added cut-and-sifted and powder lines (commissioned around Year 3) capture the highest margins. By Year 5, certified and value-added grades represent 57% of volume, up from 25% in Year 1 — the principal driver of gross-margin expansion.