Coconut charcoal is a type of fuel that produces a hot, long-lasting, and virtually smokeless fire. Coconut charcoal is usually combined with other materials and formed into uniform chunks called briquettes, popularly used as a fuel for barbecue, shisha, and hookah burners. Compared to different types of charcoal, coconut charcoal has a relatively higher burning point and longer burning time. It produces less smoke and a natural scent, making it perfect for your shisha or hookah companion.
When it comes to coconut charcoal briquette exports, Indonesia is one of the world’s largest producers and exporters of charcoal briquette products. With abundant coconut charcoal briquette resources for production and export, below are three interesting facts about coconut charcoal briquette export in Indonesia that you should know!
1. Indonesia’s coconut charcoal briquette export increased by 4.64% in 2020
As the leading coconut charcoal briquette export globally, Indonesia’s export of coconut charcoal briquette products has increased by 4.64% within a year, from USD 145.1 million in 2019 to USD 151.9 million in 2020. According to data from the Ministry of Foreign Affairs, the demand for Indonesia’s coconut charcoal products has continued to increase due to the higher level of heat and environmentally friendly characteristics. Moreover, Indonesia also has an astonishing market share number of coconut charcoal exporting, 22.42% in 2018.
2. Most of Indonesia’s coconut charcoal briquette products are exported to countries in Asia and the Middle East
According to a report publication of the Ministry of Trade, the five countries with the highest demand for charcoal products in 2018 are Japan (with a value of USD 132.19 million), Germany (with a value of UDF 129.10 million), South Korea (with a value of USD 125.42 million), China (with a value of USD 87.80 million), and the United States (with a value of USD 70.14 million). Furthermore, among its country competitors for coconut charcoal products, Indonesia is ranked 1st as of 2018, securing an export value of USD 297.801 million.
3. Indonesia’s best competitor for coconut charcoal products in the ASEAN region is VietNam.
For years, VietNam has become the largest competitor for coconut charcoal products with an export value of USD 68.44 million. Furthermore, following VietNam is the Philippines (with a value of USD 50,98 million, Laos (with a value of 44.53 million and Myanmar (with a value of 32.83 million).
Over the years, the demand for Indonesian coconut charcoal export has continued to increase, mainly due to Indonesia’s strategic geographical position towards the giant emerging markets, China and India. After knowing Indonesia’s coconut charcoal production and exporting landscape, are you interested in participating in the coconut charcoal briquette industry?
References:
1. https://kemlu.go.id/athens/en/news/13776/indonesian-coconut-shell-briquette
2. https://inaexport.id/produk/charcoal/7108/coconut-charcoal-briquette