TRANSPLACE GETS BOOSTS FROM TYSON FOODS, DANA INTERNATIONAL

March 20th, 2020 GT Staff Leave a comment

Springdale, Arkansas-based Tyson Foods, which is one of the world’s largest food companies, bestowed its 2019 Premier Carrier Award to Transplace, the logistics/transportation/technology company headquartered in Frisco, Texas, and operating offices all over the United States and overseas.

“Transplace has been a partner for more than 35 years with a superior track record of on time and on budget delivery across our entire North American network,” said Chris Kozak, Tyson’s associate director of Contract Carriers. “Over the years as we’ve expanded and developed new consumer-appealing food products, Transplace has adapted its transportation management technologies to support us in staying at the forefront of our industry. Transplace consistently rises to our toughest logistics challenges and remains flexible to the day-to-day changes in our dynamic schedules.”

“In the more than three decades that I’ve been leading our 3PL strategies for Tyson Foods, it truly has been a collaborative relationship,” says Jay Moss, president of Transplace Specialized Services. “We are grateful for the award and honored to work with an organization that’s continuously evolving to meet consumer demands. Our access to data from North America’s largest transportation management system allows us to offer cost management insights and unprecedented efficiencies of scale. The Tyson Foods teams are open to our recommendations and together we’ve overcome countless supply chain challenges over the years.”

In other news, Maumee, Ohio-based Dana International, which engineers solutions for passenger-vehicle, commercial-truck, off-highway and industrial-machinery clients, recently selected Transplace to manage its North American transportation network.

Archives, Global Trade Daily, International Trade

THE GLOBAL TRAVELS OF LIVE ANIMALS

March 17th, 2020 Sarah Smiley Leave a comment

Horses, Asses, Mules and Hinnies Atop the Tariff Schedule

Unless you’re a farmer or animal breeder, the first item in Chapter 1 of the Harmonized Tariff Schedule is one we may think about the least – Live Animals. For most Americans, live animals are a long supply chain away from the supermarket.

At over $21 billion in 2017, global trade in live animals has increased 140 percent over the last two decades. Some 45 million hogs, 16 million sheep, 11 million head of cattle, 5 million goats and 1.9 million poultry (mainly chickens) were transported around the globe, some for breeding and about 80 percent intended for consumption.

A specialized segment within the transportation sector is dedicated to transporting live animals by air, land and sea – from air cargo, tractor trailers and trains, to ocean container shipping.

Shifting Resource Burdens

The world will be home to 9.7 billion people by 2050. With more mouths to feed, agriculture production must become more efficient against the challenges of limited arable land, energy and water resources, especially in developing countries. International development agencies promote raising livestock as a way to increase income for smallholder farmers (owners can sell products and/or offspring) and to achieve greater food security in rural areas through access to high quality proteins. Importing livestock in the last few months of their life can reduce expenses associated with animal feed and veterinary care while conserving limited water resources.

The water-stressed Middle East region has become a major importer of live animals. Demand for meat and dairy products has grown steeply in Egypt, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar and Saudi Arabia. Importing mature live animals avoids the need to rear animals from birth, shifting the water burden while meeting demand for animals freshly slaughtered in adherence to religious requirements.

Trade in Genetics, No Goats No Glory

Countries are investing in improving their livestock by either importing live animals or importing frozen semen and embryos for artificial insemination, a process that is achieving higher success rates as costs are coming down. Global trade in purebred animals for breeding in 2017 was a $780 million industry. The animal genetic market is projected to grow from $4.2 billion in 2018 to $5.8 billion by 2023.

In November last year, 1,503 U.S.-origin Holstein heifers valued at $3 million were sold out of Statesville, North Carolina and shipped to Egypt aboard a livestock carrier in an effort by the Government of Egypt to improve the country’s dairy operations supporting output of milk for yogurt and cheese. Qatar is importing American-born dairy cows to surmount trade bans by neighboring countries.

Chickens are by far the largest category of live animals traded globally with hogs coming in second. But it’s dairy goats that could prove key to achieving the United Nations’ 2030 Agenda for Sustainable Development. Goats consume fewer resource inputs than cows, goat milk is nutritious, and women often have strong roles in dairy goat ownership and management.

Caprikorn Farms is the oldest goat dairy in Maryland. Raising some of the best dairy goats in the United States and the world, their genetics are in demand. They have worked with Russian authorities to not only send several live animal shipments to Russia but also improve Russia’s health protocol for international shipment. Ten of their goats even flew to Qatar on a private jet.

Bees also get in on the global trade act. Not only do bees circulate throughout the United States to pollinate our many crops, $48.1 million worth of live bees – including Queen bees and semen — were exported globally in 2018. Europe shipped $26.5 million or 55.2 percent of the global total.

Protecting Livestock on the Journey

While North American cattle and hogs have a short truck ride or may even live on ranches along the borders, many animals face a long ocean journey during which their health can be compromised. They are sometimes relegated to older vessels that may be converted from general cargo and not purpose-built to transport the animals in safe conditions. Often on journeys for weeks at a time, animals are at risk for fatigue, heat stress, overcrowding, injury and the spread of disease in close quarters.

The World Organization for Animal Health (OIE) issued the Terrestrial Animal Health Code in 2019 that provides standards for transporting animals by land, sea and air to protect the health and welfare of the animals and prevent the transfer of pathogens via international trade in animals.

As the global population increases and agricultural producers seek to maximize the resources available to them while improving output, global trade in live animals is likely to continue to grow. Standards and cooperation in international trade practices will need to evolve along with that trend.

Contributor Sarah Smiley lives on her family farm in Appalachia where they have raised fainting (myotonic) goats and Charolais cattle for more than 20 years.

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Sarah Smiley is a strategic communications and policy expert with over 20 years in international trade and government affairs, working in the U.S. Government, private sector and international organizations.

This article originally appeared on TradeVistas.org. Republished with permission.

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Keeping Your Business on Track During the Coronavirus Outbreak

March 17th, 2020 Sri Laxmana Leave a comment

The coronavirus outbreak, which is severely affecting business operations around the globe, was recently declared a global pandemic by the World Health Organization. C.H. Robinson continues to monitor the situation in the U.S. and globally, staying close to our contract carriers and discussing continuity plans in the event shipping trajectories need to be adjusted due to disruptions or closures at any ports. Although this is not the first or the last event to disrupt global supply chains, unpredictable logistics require a proactive approach for importers and exporters to keep business running as usual.

The latest in air and ocean travel

As factories and production in China return to full efficiency, the whiplash in other areas is starting to take place, particularly in consuming nations such as the U.S. and Europe. We continue to see elevated cases in developed nations that have a heavy reliance on manufacturing outside of the U.S., specifically China. Given this continued volatility, global importers are eager to restock their inventory. As a result, available capacity on the Trans-Pacific will continue to be volatile due to the removed capacity in the market. The empty container supply has also dwindled in regions where China trade has been a catalyst, primarily North America and Europe, this can have a ripple effect if these empty containers do not get repositioned back to China to support the increase demand that is anticipated at the tail end of March into April.

Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand. Cargo space may be constricted as certain limitations are imposed on passenger travel resulting from adjusted flight schedules and capacity. Although passenger planes have been used to transport cargo more frequently in recent years, available capacity is not heavily impacted by the cancellations due to air charter operators and blank sailings diminishing from ocean carriers. However, contract rates and transit times may need to be adjusted as the airfreight market remains fluid.

As we continue to closely monitor the situation, below are important considerations that will help keep your supply chain moving and better navigate any shipping challenges associated with the latest travel restrictions and schedule shifts.

Assessment of inventory levels

Having an accurate assessment of your inventory is expected, but it’s important to understand how limitations on imports, not only from China but around the globe, will impact your current inventory and regular shipping cadence. If you haven’t already, start discussions with your freight forward around production planning and forecasting. It’s important to look ahead to determine your transportation needs as demand is expected to surpass available capacity in the coming weeks.

Planning ahead in production

There are numerous variables to consider when planning for production. Working through these with a supply chain expert will help you be prepared and proactive as the uncertainty around the virus continues.

-What will production look like and has there been any discussion with the vendors and factories?

-How are existing inventories compared to sales projections?

-What plans are in place in case there continues to be a shortage of workers in China or the demands are not being met within a specific window of time?

-Has there been a discussion about how the backlog will be addressed?

-Where are your warehouse locations in proximity to delivery locations? Ensure you have business continuity plans in place, so deliveries are not impacted.

-Do you have enough air capacity to address decreased passenger flights?

-Is an expedited ocean or sea-air being looked at as an alternate option?

Backup sourcing options

The current backlog in China is a prime example of the importance of a diversified supply chain – including modes of transportation, carriers and sourcing locations. When there is any kind of delayed start to production, keeping up with the workload poses a challenge, and backup sources may need to be considered. Additional sourcing options are not always easy to find and keeping up with the sheer demand and quality controls can be a challenge. Connecting with a global supply chain expert to vet reliable options is important to help ensure success.

While we may not know how long this global pandemic will last, C.H. Robinson’s global network of experts are dedicated to helping you get your shipments where they need to be. We continue to closely monitor the situation and provide updates through our client advisories as needed. We encourage you to reach out to your account manager or connect with an expert for additional questions.

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Sri Laxmana is the Vice President of Global Ocean Product at C.H. Robinson

Archives, Global Trade Daily, International Trade

Asia’s Salt Market – India is the Largest and Fastest Growing Exporter in the Region

March 13th, 2020 IndexBox Leave a comment

IndexBox has just published a new report: ‘Asia – Salt – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the salt market in Asia amounted to $8.3B in 2018, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.8% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

Consumption By Country

China (74M tonnes) remains the largest salt consuming country in Asia, comprising approx. 57% of total consumption. Moreover, salt consumption in China exceeded the figures recorded by the region’s second-largest consumer, India (16M tonnes), fivefold. The third position in this ranking was occupied by Japan (5.7M tonnes), with a 4.4% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in China stood at +1.5%. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+0.8% per year) and Japan (-0.9% per year).

In value terms, China ($5.3B) led the market, alone. The second position in the ranking was occupied by Pakistan ($435M). It was followed by Japan.

In 2018, the highest levels of salt per capita consumption was registered in Taiwan, Chinese (134 kg per person), followed by Turkey (63 kg per person), Saudi Arabia (61 kg per person) and South Korea (53 kg per person), while the world average per capita consumption of salt was estimated at 28 kg per person.

In Taiwan, Chinese, salt per capita consumption remained relatively stable over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Turkey (+5.3% per year) and Saudi Arabia (+0.7% per year).

Production in Asia

In 2018, approx. 124M tonnes of salt and pure sodium chloride were produced in Asia; growing by 2.1% against the previous year. The total output volume increased at an average annual rate of +2.3% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when production volume increased by 14% y-o-y. In that year, salt production reached its peak volume of 124M tonnes. From 2014 to 2018, salt production growth failed to regain its momentum.

In value terms, salt production totaled $8.2B in 2018 estimated in export prices. The total output value increased at an average annual rate of +3.3% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Exports in Asia

In 2018, approx. 16M tonnes of salt and pure sodium chloride were exported in Asia; going up by 21% against the previous year. In general, salt exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2011 with an increase of 44% year-to-year. The volume of exports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, salt exports amounted to $528M (IndexBox estimates) in 2018. In general, salt exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when exports increased by 49% y-o-y. Over the period under review, salt exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

India prevails in salt exports structure, reaching 13M tonnes, which was approx. 79% of total exports in 2018. It was distantly followed by China (1,448K tonnes), committing a 9% share of total exports. The following exporters – Kazakhstan (377K tonnes), Turkey (375K tonnes) and Pakistan (301K tonnes) – each finished at a 6.5% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to salt exports from India stood at +25.1%. At the same time, Kazakhstan (+53.6%), Turkey (+26.7%), Pakistan (+18.1%) and China (+5.9%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter in Asia, with a CAGR of +53.6% from 2007-2018. While the share of India (+73 p.p.), China (+4.2 p.p.), Kazakhstan (+2.3 p.p.), Turkey (+2.2 p.p.) and Pakistan (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($227M) remains the largest salt supplier in Asia, comprising 43% of total salt exports. The second position in the ranking was occupied by China ($93M), with a 18% share of total exports. It was followed by Pakistan, with a 9.8% share.

In India, salt exports increased at an average annual rate of +22.2% over the period from 2007-2018. In the other countries, the average annual rates were as follows: China (+9.1% per year) and Pakistan (+28.6% per year).

Export Prices by Country

In 2018, the salt export price in Asia amounted to $33 per tonne, dropping by -2.5% against the previous year. Overall, the salt export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2008 when the export price increased by 26% year-to-year. In that year, the export prices for salt and pure sodium chloride reached their peak level of $63 per tonne. From 2009 to 2018, the growth in terms of the export prices for salt and pure sodium chloride failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($171 per tonne), while India ($18 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

vector artificial intelligence robotics market refurbished AI

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Artificial Intelligence Market to Reach $54 Billion by 2026

March 5th, 2020 Polaris Market Research Leave a comment

According to a new study published by Polaris Market Research, the global artificial intelligence market is anticipated to reach USD 54 billion by 2026. The advancements of robots and the rise in their deployment rate particularly, in the developing economies globally have had a positive impact on the global artificial intelligence market.

Augmented customer experience, expanded application areas, enhanced productivity, and big data integration have highly propelled the artificial intelligence market worldwide. Although, the absence of adequate skilled workforce, as well as threat to human dignity, are some of the factors that could affect the growth of the market. However, these factors are expected to have minimal impact on the market attributed to the introduction of advanced technologies.

An extraordinary increase in productivity has been achieved with machine-learning. For instance, Google, with the help of its experimental driverless technology has transformed cars including, Toyota Prius. The integration of various tools by artificial intelligence has helped in the transformation of business management. These tools include brand purchase advertising, workflow management tools, trend predictions among others. For example, Google’s voice accuracy technology has a 98% accuracy rate. Furthermore, Facebook’s DeepFace technology has a success rate of approximately 97% in recognizing faces. Such accuracy in technologies is further anticipated to bolster the market growth during the forecast period.

Currently, North America dominates the global artificial intelligence market attributed to the high government funding availability, existence of prominent providers in the region, and robust technical adoption base. Also, the region is expected to continue its dominance during the forecast period. Moreover, the adoption of cloud-based services in key economies, such as the US and Canada, is considering adding to the market growth in the North American region. The markets in Asia Pacific, MEA and South America region are expected to notice a high growth during the coming years. The growth in the Asia Pacific region is attributed to the increasing demand for artificial technologies by the developing economies. Thus, the region is anticipated to grow at the highest CAGR during the forecast period.

Major companies profiled in the report include Google Inc., Intel Corporation, Nvidia Corporation, Microsoft Corporation, IBM Corporation, General Vision, Inc., Qlik Technologies Inc., MicroStrategy, Inc., Brighterion, Inc., and Baidu, Inc. among others.

Key Findings from the study suggest North America is expected to command the market over the forecast years. APAC is presumed to be the fastest-growing market, developing at a CAGR of more than 65% over the forecast period. The artificial intelligence market is presumed to develop at a CAGR of over 55.9% from 2018 to 2026. The high implementation of artificial intelligence in several end-user verticals including, retail, automotive and healthcare is projected to boost the growth of the market over the forecast period. Several companies are making considerable investments to integrate artificial intelligence competencies into their portfolio of products. For instance, in 2016, SK Telecom and Intel Corporation signed an agreement for the development of the artificial intelligence-based vehicle-to-everything (V2X) technology as well as video recognition.

For More Information About Artificial Intelligence Market @ https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-market/request-for-customization

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Turkey Emerges as the Largest Producer of Tomatoes in the Middle East

March 3rd, 2020 IndexBox Leave a comment

IndexBox has just published a new report: ‘Middle East – Tomatoes – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the tomato market in the Middle East amounted to $18.6B in 2018, declining by -8.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

The market value increased at an average annual rate of +1.6% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. In that year, the tomato market attained its peak level of $20.3B, and then declined slightly in the following year.

Consumption by Country

The countries with the highest volumes of tomato consumption in 2018 were Turkey (12M tonnes), Iran (6.5M tonnes) and Syrian Arab Republic (658K tonnes), together accounting for 86% of total consumption. Jordan, Saudi Arabia, Israel and Iraq lagged somewhat behind, together comprising a further 7.9%.

From 2007 to 2018, the most notable rate of growth in terms of tomato consumption, amongst the main consuming countries, was attained by Jordan, while tomato consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato markets in the Middle East were Turkey ($10.5B), Iran ($5.3B) and Israel ($559M), with a combined 88% share of the total market. These countries were followed by Iraq, Jordan, Syrian Arab Republic and Saudi Arabia, which together accounted for a further 6.4%.

The countries with the highest levels of tomato per capita consumption in 2018 were Turkey (144 kg per person), Iran (79 kg per person) and Jordan (57 kg per person).

Market Forecast to 2030

Driven by increasing demand for tomatoes in the Middle East, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.6% for the period from 2018 to 2030, which is projected to bring the market volume to 27M tonnes by the end of 2030.

Production in the Middle East

The tomato production stood at 22.2M tonnes in 2018, remaining constant against the previous year. In general, tomato production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when production volume increased by 5.3% year-to-year.

In value terms, tomato production stood at $19.8B in 2018 estimated in export prices. The total output value increased at an average annual rate of +1.6% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017 with an increase of 36% y-o-y. In that year, tomato production attained its peak level of $21.5B, and then declined slightly in the following year.

Production by Country

The countries with the highest volumes of tomato production in 2018 were Turkey (12M tonnes) and Iran (6.6M tonnes), with a combined 84% share of total production.

Harvested Area in the Middle East

In 2018, approx. 415K ha of tomatoes were harvested in the Middle East; standing approx. at the previous year. Over the period under review, the tomato harvested area continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2008 with an increase of 4% y-o-y. In that year, the tomato harvested area reached its peak level of 493K ha. From 2009 to 2018, the growth of the tomato harvested area remained at a lower figure.

Yield in the Middle East

In 2018, the average yield of tomatoes in the Middle East stood at 53 tonne per ha, stabilizing at the previous year. The yield figure increased at an average annual rate of +2.1% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of 7.2% year-to-year. The level of tomato yield peaked in 2018 and is likely to continue its growth in the near future.

Exports in the Middle East

In 2018, the exports of tomatoes in the Middle East stood at 782K tonnes, rising by 14% against the previous year. In value terms, tomato exports amounted to $618M (IndexBox estimates) in 2018.

Exports by Country

Turkey (379K tonnes) and Jordan (258K tonnes) represented roughly 81% of total exports of tomatoes in 2018. It was distantly followed by Iran (84K tonnes), committing an 11% share of total exports. Syrian Arab Republic (32K tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Iran, while exports for the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($339M) remains the largest tomato supplier in the Middle East, comprising 55% of total tomato exports. The second position in the ranking was occupied by Jordan ($168M), with a 27% share of total exports. It was followed by Iran, with a 12% share.

In Turkey, tomato exports increased at an average annual rate of +1.2% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Jordan (-0.4% per year) and Iran (+33.5% per year).

Export Prices by Country

The tomato export price in the Middle East stood at $791 per tonne in 2018, leveling off at the previous year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Iran ($913 per tonne), while Syrian Arab Republic ($463 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Jordan, while the other leaders experienced more modest paces of growth.

Imports in the Middle East

In 2018, the tomato imports in the Middle East totaled 602K tonnes, jumping by 6.9% against the previous year. In value terms, tomato imports amounted to $366M (IndexBox estimates) in 2018.

Imports by Country

Saudi Arabia (155K tonnes) and the United Arab Emirates (143K tonnes) represented roughly 50% of total imports of tomatoes in 2018. Kuwait (68K tonnes) took the next position in the ranking, followed by Iraq (67K tonnes), Qatar (49K tonnes), Oman (32K tonnes), Israel (31K tonnes) and Bahrain (31K tonnes). All these countries together accounted for a 46% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Israel, while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($98M), the United Arab Emirates ($86M) and Kuwait ($49M) constituted the countries with the highest levels of imports in 2018, together accounting for 64% of total imports. Qatar, Iraq, Israel, Oman and Bahrain lagged somewhat behind, together accounting for a further 32%.

In terms of the main importing countries, Oman recorded the highest rates of growth with regard to the value of imports, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The tomato import price in the Middle East stood at $608 per tonne in 2018, reducing by -13.2% against the previous year.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($725 per tonne), while Iraq ($369 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the United Arab Emirates.

Source: IndexBox AI Platform

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Global Wood Charcoal Market Reached $24B, Buoyed By Robust Demand in Africa

February 24th, 2020 IndexBox Leave a comment

IndexBox has just published a new report: ‘World – Wood Charcoal – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The global wood charcoal market revenue amounted to $24.2B in 2018, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.6% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The global wood charcoal consumption peaked in 2018 and is likely to continue its growth in the immediate term.