Post by Trade facilitator on Oct 31, 2019 22:27:01 GMT 1
We know that even within the country, people trade in charcoal and make a lot of money from it. You can now imagine trading with the outside world, that is, exporting charcoal abroad.
It might interest you to know that charcoal has quite a number of more important uses besides cooking and many foreign countries will appreciate a chance to have it in abundance. More commonly, charcoal is well demanded in countries where they experience months of winter. They need it to heat their house due to excessive cold they experience. They need charcoal in abundance to keep their homes perpetually warm so they do not freeze to death. It is an essential commodity in countries of such climate and weather conditions.
Also, charcoal is used as metallurgical fuel to melt or smelt metals such as irons, so it is a very important source of fuel to the blacksmith. It is also important as a source of fuel for some industries, it is used to produce black powder used in making fireworks, it also serves as an effective filter because charcoal has the ability to absorb certain organic compounds from suspended in gases or liquid.
There are many uses of charcoal which is why it is regarded as important and will always be in high demand. It cannot be over emphasised, how lucrative it is as a business as its supply and availability in overseas countries largely depends on import from developing countries that produce charcoal.
This is invariably an opportunity not to be missed at all. In charcoal business, sales is guaranteed, and profit is sure.
However, like every business, there are risks involved so you have to learn how it is done, so as not to run into loss. There are different ways of minimizing the risks to reduce the possibility of loss.
There are different ways you can be involved in the charcoal export business, it depends on your area of interest and your capacity. You could be:
Seller or Exporter: You can be the one exporting directly to overseas.
Export Broker : In case you want to be an investor and yet, be at the background only, you can find a charcoal exporter, fund the business and share the profit with him or her. Also, as an exporter, you can also get these investors to help improve your business, especially if it is lacking financially and share the profit with them.
Product Sourcing Expert : To ease the stress, some buyers and sellers contract brokers to serve as middlemen for the trading. These middlemen would find buyers and sellers and act as an agent in the trade.
It is sometimes difficult to find suppliers of quality charcoal and the job of the sourcing expert would be to find quality suppliers and connect them to the exporter or to find buyers overseas and connect them to the exporter. In this case, you get a commission from the sale.
You can find charcoal in different parts of Nigeria, so it is quite easy to get. However, areas like Enugu, Jebba, Omu Aran, Kabba, Egbe, Oyo and environs, Jos, Minna, and Cross River are reputed to have charcoal in large supply.
Countries in Europe and Asia are usually in high demand of charcoal and they source from Nigeria among other countries because of the quality of the tree source of our charcoal here in Nigeria. Large demand of charcoal comes from European countries like, Belgium, Poland, Italy, Holland, Denmark, and Germany.
With a large charcoal market existing in Europe, America, & Asia, its global worth continues to retain a multi-billion Dollar value. This poses a huge opportunity for investors looking to make investments in the energy sector. For instance, 70% of the slightly over 60,000 metric tons of charcoal used yearly in the United Kingdom comes from Africa. A charcoal supplier exporting between to 10,000 metric tons yearly would be generating an annual revenue of well over of 2,000,000 Euros.
Whichever way you choose to do the business, we are available to support you. We organize training and seminars and we are consultants too. Although, there are risks and challenges involved in charcoal business as stated earlier, the chance at being successful at it and making good profits is very high if you go through the right channel. Nothing good comes easy. Take that bold step towards success today.
It might interest you to know that charcoal has quite a number of more important uses besides cooking and many foreign countries will appreciate a chance to have it in abundance. More commonly, charcoal is well demanded in countries where they experience months of winter. They need it to heat their house due to excessive cold they experience. They need charcoal in abundance to keep their homes perpetually warm so they do not freeze to death. It is an essential commodity in countries of such climate and weather conditions.
Also, charcoal is used as metallurgical fuel to melt or smelt metals such as irons, so it is a very important source of fuel to the blacksmith. It is also important as a source of fuel for some industries, it is used to produce black powder used in making fireworks, it also serves as an effective filter because charcoal has the ability to absorb certain organic compounds from suspended in gases or liquid.
There are many uses of charcoal which is why it is regarded as important and will always be in high demand. It cannot be over emphasised, how lucrative it is as a business as its supply and availability in overseas countries largely depends on import from developing countries that produce charcoal.
This is invariably an opportunity not to be missed at all. In charcoal business, sales is guaranteed, and profit is sure.
However, like every business, there are risks involved so you have to learn how it is done, so as not to run into loss. There are different ways of minimizing the risks to reduce the possibility of loss.
There are different ways you can be involved in the charcoal export business, it depends on your area of interest and your capacity. You could be:
Seller or Exporter: You can be the one exporting directly to overseas.
Export Broker : In case you want to be an investor and yet, be at the background only, you can find a charcoal exporter, fund the business and share the profit with him or her. Also, as an exporter, you can also get these investors to help improve your business, especially if it is lacking financially and share the profit with them.
Product Sourcing Expert : To ease the stress, some buyers and sellers contract brokers to serve as middlemen for the trading. These middlemen would find buyers and sellers and act as an agent in the trade.
It is sometimes difficult to find suppliers of quality charcoal and the job of the sourcing expert would be to find quality suppliers and connect them to the exporter or to find buyers overseas and connect them to the exporter. In this case, you get a commission from the sale.
You can find charcoal in different parts of Nigeria, so it is quite easy to get. However, areas like Enugu, Jebba, Omu Aran, Kabba, Egbe, Oyo and environs, Jos, Minna, and Cross River are reputed to have charcoal in large supply.
Countries in Europe and Asia are usually in high demand of charcoal and they source from Nigeria among other countries because of the quality of the tree source of our charcoal here in Nigeria. Large demand of charcoal comes from European countries like, Belgium, Poland, Italy, Holland, Denmark, and Germany.
With a large charcoal market existing in Europe, America, & Asia, its global worth continues to retain a multi-billion Dollar value. This poses a huge opportunity for investors looking to make investments in the energy sector. For instance, 70% of the slightly over 60,000 metric tons of charcoal used yearly in the United Kingdom comes from Africa. A charcoal supplier exporting between to 10,000 metric tons yearly would be generating an annual revenue of well over of 2,000,000 Euros.
Whichever way you choose to do the business, we are available to support you. We organize training and seminars and we are consultants too. Although, there are risks and challenges involved in charcoal business as stated earlier, the chance at being successful at it and making good profits is very high if you go through the right channel. Nothing good comes easy. Take that bold step towards success today.
