The global shift away from large-scale oil delivery has benefited diverse energy enterprises. A growing desire for more economical sources of energy has emerged from both individuals and communities as a result of this trend. The high market prices of kerosene, diesel, and gasoline are prompting Africans and other countries to explore less expensive alternatives. Charcoal exports have grown significantly as a result of its high value.
Cooking with charcoal is a low-cost option for indigenous peoples living in economically poor parts of the world. The majority of citizens in these small communities are unable to cook using gas, kerosene, or even electric equipment because of a shortage of electricity. Most of the cooking energy used in Africa is provided by this charcoal alternative.
A large industry in Europe, America, and Asia keeps the global market value of charcoal in the billions of dollars. It’s a great time to invest in the energy business. Charcoal is an outstanding illustration of this, accounting for around 70 percent of the UK’s annual use of about 60,000 metric tons of the material. Between 5,000 and 10,000 metric tons of charcoal exported each year would bring in more than 2 million euros in annual revenue.
Investing in the Charcoal Export Industry: Is It Right?
Charcoal’s business ethics are compelling for several reasons. Deforestation, global warming, and a myriad of other bad repercussions would have ensued had many rural Africans not had access to charcoal to cook their daily meals. Charcoal is a last resort for 80% of those who use it. Because of their unfortunate situation, they have no choice but to look for less expensive options.
An exporter of Indonesian solid minerals, such as coconut shell charcoal briquettes manufacturers. Even while profit margins will be smaller, they will still be substantial.
People in Indonesia should start an export company to get into the market and start setting up for a long-term business that could eventually employ tens of thousands of people both directly and indirectly.