What is the price of groundnuts (peanuts) per kilogram/pound in DRC Congo today?
The retail price range for DRC Congo groundnuts (peanuts) is between US$ 2.94 and US$ 3.92 per kilogram or between US$ 1.33 and US$ 1.78 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in DRC Congo
The retail price range in Congolese franc for groundnuts (peanuts) is between CDF 7,356.00 and CDF 9,808.00 per kilogram or between CDF 3,336.05 and CDF 4,448.07 per pound(lb) in Kinshasa and Lubumbashi.
Wholesale prices
In 2024, the approximate wholesale price range for DRC Congo groundnuts (peanuts) is between US$ 2.06 and US$ 2.75 per kilogram or between US$ 0.93 and US$ 1.25 per pound(lb).
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DRC Congo Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price of Groundnuts (Peanuts) 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 $1.60 in 2019. In 2020, the price rose to $1.75, and in 2021 it further increased to $1.90. The most recent data shows that the export price per kilogram in 2022 was $2.05. Looking ahead, it is likely that the export price of Groundnuts (Peanuts) from DRC Congo will continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram in 2023 will be around $2.20 and in 2024 it will be around $2.35.The DRC Congo groundnuts (peanuts) exports are classified as:
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
DRC Congo Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price of Groundnuts (Peanuts) into DRC Congo has 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 per kilogram, and in 2021, it further increased to $0.70. The most recent data shows that the import price per kilogram of Groundnuts (Peanuts) into DRC Congo was $0.80 in 2022. This represents an increase of 77.78% from 2018 to 2022. Looking ahead, it is likely that the import price of Groundnuts (Peanuts) into DRC Congo will continue to increase in the coming years. Based on the data, it is predicted that the import price per kilogram of Groundnuts (Peanuts) into DRC Congo will be $0.90 in 2023 and $1.00 in 2024.Export values for DRC Congo groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in DRC Congo were US$ 105, US$ 188, US$ 37 and US$ 92 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in DRC Congo: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Africa: Algeria groundnuts (peanuts), Angola groundnuts (peanuts), Botswana groundnuts (peanuts), Burundi groundnuts (peanuts), Cameroon groundnuts (peanuts), Cape Verde groundnuts (peanuts), Central African Republic groundnuts (peanuts), Comoros groundnuts (peanuts), DRC Congo groundnuts (peanuts) & Benin groundnuts (peanuts).
DRC Congo groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 DRC Congo exported 257 tonnes of groundnuts (peanuts). In 2019 alone, the interest in DRC Congo groundnuts (peanuts) (nuts category) has surged, flactuating by 1876.923 % compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports increased by 38.17 pc bringing the nation US$0.09m for the year 2019. DRC Congo's groundnuts (peanuts) exports are classified as:
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
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DRC Congo groundnuts (peanuts) export values
In 2019, DRC Congo exported groundnuts (peanuts) valued at 0.09m USD, a growth of 143.24% from 2018's total groundnuts (peanuts) export of 0.037m USD. The yearly increase in value of DRC Congo groundnuts (peanuts) between 2017 to 2018 was -80.319 per cent.
The annual change in the volume of DRC Congo's groundnuts (peanuts) exports between 2017 and 2019 was 38.17% in comparison to a variation of 1876.923% in the period between 2018 and 2019.
Export markets for DRC Congo groundnuts (peanuts) ( in '000$ )
DRC Congo's leading export markets for groundnuts (peanuts) are Rwanda, Belgium and the Central African Republic.
DRC Congo bought 37 tonnes of groundnuts (peanuts) in 2019.