What is the price of cotton per kilogram/pound in DRC Congo today?
The retail price range for DRC Congo cotton is between US$ 0.96 and US$ 2.87 per kilogram or between US$ 0.43 and US$ 1.30 per pound(lb). Click here to see today's exact prices of cotton in DRC Congo
The retail price range in Congolese franc for cotton is between CDF 2,393.25 and CDF 7,179.75 per kilogram or between CDF 1,085.37 and CDF 3,256.12 per pound(lb) in Kinshasa and Lubumbashi.
Wholesale prices
In 2024, the approximate wholesale price range for DRC Congo cotton is between US$ 0.67 and US$ 2.01 per kilogram or between US$ 0.30 and US$ 0.91 per pound(lb).
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DRC Congo Cotton Export Prices - Historical, Trends and Prediction
The export price of cotton from DRC Congo has seen a steady increase over the past five years. In 2018, the export price per kilogram was $1.45, which increased to $1.50 in 2019. In 2020, the price rose to $1.60, and in 2021 it further increased to $1.70. The most recent data shows that the export price per kilogram of cotton from DRC Congo in 2022 was $1.80. Overall, the export price of cotton from DRC Congo has increased by 24% over the past five years. Based on this trend, it is likely that the export price per kilogram of cotton from DRC Congo in 2023 will be around $2.20, and in 2024 it could be around $2.65.The DRC Congo cotton exports are classified as:
- Cotton, carded or combed (HS code 520300)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Garnetted stock of cotton (HS code 520291)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton linters (HS code 140420)
- Cotton, neither carded nor combed (HS code 520100)
DRC Congo Cotton Import Prices - Historical, Trends and Prediction
The import price of cotton into DRC Congo has seen a steady increase over the past five years. In 2018, the 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 of cotton into DRC Congo in 2022 was $0.80 per kilogram. This represents a 77.78% increase in the import price of cotton over the past five years. Looking ahead, it is likely that the import price of cotton into DRC Congo will continue to increase in the coming years. Based on the data, it is reasonable to predict that the import price of cotton into DRC Congo in 2023 will be around $0.90 per kilogram, and in 2024 it could reach $1.00 per kilogram.Export values for DRC Congo cotton
The total values in export for cotton in DRC Congo were US$ 1, US$ 10, US$ 4 and US$ 11 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in DRC Congo: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Africa: Algeria cotton, Angola cotton, Botswana cotton, Burundi cotton, Cameroon cotton, Cape Verde cotton, Central African Republic cotton, Comoros cotton, DRC Congo cotton & Benin cotton.
DRC Congo cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 DRC Congo shipped 6 tonnes of cotton. For 2019 alone, the demand for DRC Congo cotton (processed category) has surged, flactuating by 100 % compared to the year 2018. Between 2017 and 2019, cotton's exports increased by 50 pc netting DRC Congo US$0.01m for the year 2019. DRC Congo's cotton exports are categorised as:
- Cotton linters (HS code 140420)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, carded or combed (HS code 520300)
- Garnetted stock of cotton (HS code 520291)
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DRC Congo cotton export values
In 2019, DRC Congo sold cotton valued at 0.01m USD, a growth of 150.00% from 2018's total cotton export of 0.004m USD. The yearly increase in value of DRC Congo cotton between 2017 to 2018 was -60 per cent.
The annual variation in the volume of DRC Congo's cotton exports between 2017 and 2019 was 50 per cent in comparison to a variation of 100% in the period between 2018 and 2019.
Export markets for DRC Congo cotton ( in '000$ )
DRC Congo's top destinations for cotton are Rwanda, Burundi and South Africa.
DRC Congo imported 18 tonnes of cotton in 2019.