{"id":4962,"date":"2021-11-09T14:19:43","date_gmt":"2021-11-09T14:19:43","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry"},"modified":"2021-11-09T14:35:59","modified_gmt":"2021-11-09T14:35:59","slug":"value-addition-can-boost-local-charcoal-industry","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry","title":{"rendered":"Value addition can boost local charcoal industry"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span>Despite disruptions to economic activities triggered by Covid-19, the local charcoal industry remains one of the growing industries in the country. This is evident from trade statistics, which shows that from September 2020 to September 2021, the average export value of charcoal stood at N$81 million.<\/p>\n<p>The largest export value of N$105 million was reflected in May 2021, while the lowest value of N$64 million was recorded in August 2021. Alex Shimuafeni, statistician general of the Namibia Statistics Agency (NSA), recently said charcoal was the commodity of September.<\/p>\n<p>However, most charcoal from Namibia is exported in unpacked as lump charcoal \u2013 meaning there remain strong possibilities to add value to the product. Shimuafeni said the N$73 million export value reflected in September 2021 indicates an increase of 13.2% from the N$64 million recorded in August 2021. The largest increase of 38.9% was recorded between April and May 2021.<\/p>\n<p>On the other hand, the local industry also experienced setbacks in the exportation of charcoal, with the largest declines of 16.5% and 16% recorded in June 2021 and August 2021, respectively. \u201cThe month of July 2021 also recorded a significant decline of 12.5% to N$77 million. South Africa absorbed most of Namibia\u2019s charcoal exports \u2013 about 29.3% of the country\u2019s charcoal exports were destined to South Africa. Netherlands, Belgium, United Arab Emirates and Poland absorbed 16.7%, 14.4%, 7.3% and 6.2%, respectively,\u201d he explained in the released Namibia trade statistics. Furthermore, the trade balance, which compares the country\u2019s trade flow with the rest of the world in terms of export earnings and expenditure on imports, recorded a trade deficit to the tune of N$3.1 billion.<\/p>\n<p>This reflects a widening deficit when compared to N$2.9 billion recorded in August 2021 and even wider when compared to a deficit of N$1.6 billion recorded in September 2020.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. Despite disruptions to economic activities triggered by Covid-19, the local charcoal industry remains one of the growing industries in the country. This is evident from trade statistics, which shows that from September 2020 to September 2021, the average export value of charcoal stood at N$81 million. The largest export value of N$105 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":4961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[2389,234,236,2388,233],"class_list":["post-4962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-addition","tag-africa-press","tag-africa-press-namibia","tag-local-charcoal-industry","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Value addition can boost local charcoal industry - Namibia<\/title>\n<meta name=\"description\" content=\"Despite disruptions to economic activities triggered by Covid-19, the local charcoal industry remains one of the growing ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Value addition can boost local charcoal industry\" \/>\n<meta property=\"og:description\" content=\"Despite disruptions to economic activities triggered by Covid-19, the local charcoal industry remains one of the growing ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-09T14:19:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-09T14:35:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/11\/img-618a871560fe3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"926\" \/>\n\t<meta property=\"og:image:height\" content=\"521\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Value addition can boost local charcoal industry\",\"datePublished\":\"2021-11-09T14:19:43+00:00\",\"dateModified\":\"2021-11-09T14:35:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry\"},\"wordCount\":299,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/11\/img-618a871560fe3.jpg\",\"keywords\":[\"addition\",\"africa press\",\"Africa Press-Namibia\",\"local charcoal industry\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/value-addition-can-boost-local-charcoal-industry\",\"name\":\"Value addition can boost local charcoal industry - 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