The market value of briquettes in South Africa is expected to grow from $ 136.0 million in 2019 to $ 286.7 million by 2030. Moreover, the market will advance at a compound annual growth rate of 8.8% between 2020 and 2030.
Apart from the above-mentioned factors, lower briquette prices also positively affect the growth of the briquette market in South Africa. People who live and work there prefer these materials for cooking over other cooking fuels such as kerosene and LPG, due to their lower prices. Since the charcoal briquettes are manufactured using different residual materials (residual powder after charcoal production), it is less expensive and less expensive than traditional cooking fuels.
Thus, it can be safely inferred that the demand for charcoal briquettes will rise in South Africa in the coming years, mainly due to the increasing popularity of grilled food in the country.
South Africa briquette market size breakdown by sector
• oval / pillow
shape • round
• coconut shell
according to application
• mineral fuel