Product Code: ETC4686267 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Burkina Faso Charcoal Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 14.61% in 2025, the market peaks at 15.18% in 2027, and settles at 13.17% by 2029.
By 2027, the Charcoal market in Burkina Faso is anticipated to reach a growth rate of 15.18%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.
The charcoal market in Burkina Faso plays a significant role in the country`s energy sector, especially in rural areas where it is a primary source of fuel. The market is characterized by traditional production methods, which are often inefficient and contribute to deforestation and environmental degradation. Demand for charcoal remains strong due to its affordability and widespread use for cooking and heating. However, the market faces challenges related to sustainable production practices, government regulations aimed at reducing environmental impact, and competition from alternative energy sources such as liquefied petroleum gas (LPG).
The Charcoal market in Burkina Faso is primarily driven by the country`s reliance on charcoal as a primary source of energy for cooking and heating. The high cost of electricity and alternative energy sources makes charcoal a more affordable option for many households. Additionally, the growing urban population and the increasing demand for charcoal in both rural and urban areas contribute to the market`s expansion. However, concerns about deforestation and environmental degradation may pose challenges to the market`s growth.
The charcoal market in Burkina Faso is confronted with several challenges, including the unsustainable harvesting of wood resources, which leads to deforestation and environmental degradation. Additionally, the market suffers from a lack of regulation, resulting in informal and inefficient production practices. The heavy reliance on traditional charcoal production methods also limits the adoption of more efficient and environmentally friendly technologies, affecting both the supply and quality of charcoal.
The Burkina Faso government has implemented several policies aimed at regulating the charcoal market, primarily to address environmental concerns such as deforestation and land degradation. These policies include the promotion of sustainable charcoal production practices and the introduction of licensing requirements for charcoal producers. Additionally, there is a focus on encouraging the use of alternative energy sources to reduce the country`s dependence on charcoal, which is a significant contributor to environmental challenges.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Charcoal Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Charcoal Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Charcoal Market - Industry Life Cycle |
3.4 Burkina Faso Charcoal Market - Porter's Five Forces |
3.5 Burkina Faso Charcoal Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Burkina Faso Charcoal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso Charcoal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Burkina Faso Charcoal Market Trends |
6 Burkina Faso Charcoal Market Segmentations |
6.1 Burkina Faso Charcoal Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Charcoal Market Revenues & Volume, By Lump Charcoal, 2021-2031F |
6.1.3 Burkina Faso Charcoal Market Revenues & Volume, By Charcoal Briquettes, 2021-2031F |
6.1.4 Burkina Faso Charcoal Market Revenues & Volume, By Japanese Charcoal, 2021-2031F |
6.1.5 Burkina Faso Charcoal Market Revenues & Volume, By Sugar Charcoal, 2021-2031F |
6.2 Burkina Faso Charcoal Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Charcoal Market Revenues & Volume, By Metallurgical Fuel, 2021-2031F |
6.2.3 Burkina Faso Charcoal Market Revenues & Volume, By Barbecue, 2021-2031F |
6.2.4 Burkina Faso Charcoal Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Burkina Faso Charcoal Market Revenues & Volume, By Filtration, 2021-2031F |
7 Burkina Faso Charcoal Market Import-Export Trade Statistics |
7.1 Burkina Faso Charcoal Market Export to Major Countries |
7.2 Burkina Faso Charcoal Market Imports from Major Countries |
8 Burkina Faso Charcoal Market Key Performance Indicators |
9 Burkina Faso Charcoal Market - Opportunity Assessment |
9.1 Burkina Faso Charcoal Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Burkina Faso Charcoal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso Charcoal Market - Competitive Landscape |
10.1 Burkina Faso Charcoal Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Charcoal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |