What is the price of beans per kilogram/pound in DRC Congo today?
The retail price range for DRC Congo beans is between US$ 0.96 and US$ 7.68 per kilogram or between US$ 0.44 and US$ 3.48 per pound(lb). Click here to see today's exact prices of beans in DRC Congo
The retail price range in Congolese franc for beans is between CDF 2,401.25 and CDF 19,210.00 per kilogram or between CDF 1,089.00 and CDF 8,712.02 per pound(lb) in Kinshasa and Lubumbashi.
Wholesale prices
In 2024, the approximate wholesale price range for DRC Congo beans is between US$ 0.67 and US$ 5.38 per kilogram or between US$ 0.30 and US$ 2.44 per pound(lb).
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DRC Congo Beans Export Prices - Historical, Trends and Prediction
The export price of beans from DRC Congo has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The most recent data shows that the export price per kilogram of beans from DRC Congo in 2022 was $0.65. Looking ahead, it is likely that the export price of beans from DRC Congo will continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram of beans from DRC Congo in 2023 will be $0.70 and in 2024 it will be $0.75.The exports of beans from DRC Congo are classified as:
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
DRC Congo Beans Import Prices - Historical, Trends and Prediction
The import prices of Beans into DRC Congo have seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. The most recent data shows that the import price per kilogram of Beans into DRC Congo was $0.80 in 2022. This steady increase in import prices over the past five years suggests that the prices are likely to continue to rise in the coming years. Based on this trend, it is likely that the import price per kilogram of Beans into DRC Congo will be around $0.90 in 2023 and $1.00 in 2024.Export values for DRC Congo beans
The total values in export for beans in DRC Congo were US$ 1,536, US$ 3,328, US$ 6,016 and US$ 6,272 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in DRC Congo: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Africa: Algeria beans, Angola beans, Botswana beans, Burundi beans, Cameroon beans, Cape Verde beans, Central African Republic beans, Comoros beans, DRC Congo beans & Benin beans.
DRC Congo beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 DRC Congo shipped 12,672 tonnes of beans. For 2019 alone, the interest in DRC Congo beans (pulses/legumes category) has gone up, changing by 330.435 % compared to the year 2018. Between 2017 and 2019, beans' exports increased by 241.38 pc netting DRC Congo US$6.27m for the year 2019. DRC Congo's beans exports are classified as:
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
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DRC Congo beans export values
In 2019, DRC Congo sold beans costing 6.27m USD, an increment of 4.22% from 2018's total beans export of 6.016m USD. The yearly change in value of DRC Congo beans between 2017 to 2018 was 80.769 percent.
The annual change in the amount of DRC Congo's beans exports between 2017 and 2019 was 241.38 pc in comparison to a variation of 330.435% in the period between 2018 and 2019.
Export markets for DRC Congo beans ( in '000$ )
DRC Congo's best performing export markets for beans are France, Rwanda, DRC Congo, Switzerland and Belgium.
DRC Congo bought 2,177,664 tonnes of beans in 2019.
Production
The production of beans in DRC Congo was 61,274,752 tonnes in 2019 and is forecast to change by an average of 1.49%. The country had approximately 108,312,960.00 hectares under beans cultivation.