Are you aware that the export market in Nigeria is booming like never before?
In the past have Nigerians focused mainly on the exportation of crude
oil, while other natural resources that could be exported as well were
ditched. Now things seem to have changed as Nigerians have discovered
other products that are in high demand in the international market and
readily available in Nigeria. And on the list of these highly profitable
and easy to find exportable products is charcoal that you can earn huge
profits form because it has been confirmed that with very little effort
exporting charcoal to foreign countries, especially European countries,
many Nigerians have become millionaires overnight just by engaging in
this highly profitable business.
In this article today, we will shared with you the basics of charcoal
exportation business as well as a step by step guide on starting your
own charcoal exportation business without getting ripped off by so
called ‘exportation agents’.
How to Make Money from Exporting Activated Charcoal
Countries where activated charcoal is bought
Although there are markets for activated
charcoal in other continents, the biggest market is in Europe. Hence
when you want to start searching for buyers, you should concentrate on
countries like Germany, United Kingdom, Italy, Spain, Belgium and Poland
to mention a few. And you don’t have to worry about competition in this
business because the demand for charcoal exceeds supply by all means.
Even though there are many other countries where activated charcoal is
made (like Thailand, Malaysia, Brazil and several other African countries), the Nigerian type is mostly preferred over others because it is believed to be of better quality.
What is activated charcoal used for?
As expected if you intend to start selling a particular product, you
should know how your buyers would use the product because this will help
to understand how to conduct your business better. Hence, activated
charcoal is mainly used for the purification of water and other liquid
Because getting clean, uncontaminated drinking water is a challenge
in the world today due to pollution; our waterways, seas and oceans have
been polluted, making it difficult for us to get access to clean,
natural water. It has therefore become necessary for us to find ways to
purify our drinking water without destroying the nutrients and benefits
that natural water is supposed to offer and one of the ways this can be
achieved is by filtering the water with activated charcoal. If you have
ever seen a black substance in a water filter, that’s activated
charcoal. Interestingly, the concept of using activated charcoal to
purify water is not a new one; it’s been around for ages and has been
used for that purpose since far back as 2,000 years ago. But it is now
being industrialized more than ever before.
Filtration is not the only use of activated charcoal; it is also used
in the medical industry to relieve gastrointestinal problems such as
indigestion, flatulence, food poisoning and other health problems. It is
also used for heating purposes. As you already know, it’s very cold in
Europe and they rely on house heating systems to survive. Some of these
systems are fueled by charcoal.
There are three major ways to make money from this business; you can
choose to be any of a full exporter, a broker, or a product-sourcing
3 Ways to Make Money from Activated Charcoal
1. Charcoal Export Broker
There are many people who desire to invest in this business, and they
have the funds but lack the required time and knowledge. As a smart
entrepreneur, you can seize this opportunity to look for willing
investors who would drop the funds to run the business. You will then
share the profit with them at the end of the day. You can even gather a
group of investors in the event that you cannot get a single investor.
For example, you can bring together a group of three to four investors
under one umbrella to carry out the business and share profits together.
You can start from there and before you realize it, you would have
become an exporter yourself.
2.. Full-time Exporter
You can also go into the business as a full time exporter. This means
you would have to handle the processes of registering as an exporter,
sourcing for products, shipping, sourcing for clients and all other
activities involved in charcoal exportation business. To be able to go
into the industry on this level, however, you must have enough knowledge
and experience of how the business is done.
3. Product Sourcing Expert:
Lastly, you could become a product sourcing expert who simply focuses on helping exporters source for charcoal for export.
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