Charcoal Part 3.
Major players in the charcoal market and their profiles.
Charcoal is one of the main renewable energy resources, which is why it is of constant interest and relevance to consumers, while it is a scalable, flexible and in many cases the only reliable source of energy.
A wide range of applications and less complex production are two key reasons for its high demand. The widespread use of charcoal in industry in South American countries such as Brazil and the barbecue tradition in North America and Europe are among the factors that determine its large share in this sector of the economy.
Charcoal is a multi-million dollar industry that brings profits to interested investors. For example, the UK consumes over 60,000 tons of charcoal annually, of which about 70% comes from the tropical forests of Africa. Other countries around the world also consume charcoal in large quantities.
The call for alternative energy sources has brought charcoal to the forefront of the world market.
Large markets exist in the European Union, the USA and Asia.
Charcoal has a seasonal market, but the season differs from country to country. For example, in Belgium, the UK, Holland, France, Germany and Denmark, the sales season lasts from May to August, because this is their summer time. In countries like Kuwait, Israel and other Asian countries, orders are accepted from January to December.
However, there are several large importers in Europe that also form year-round orders: Big K Charcoal Limited and others.