What is the price of malt extract per kilogram/pound in DRC Congo today?
The retail price range for DRC Congo malt extract is between US$ 3.94 and US$ 7.87 per kilogram or between US$ 1.79 and US$ 3.57 per pound(lb). Click here to see today's exact prices of malt extract in DRC Congo
The retail price range in Congolese franc for malt extract is between CDF 9,842.00 and CDF 19,684.00 per kilogram or between CDF 4,463.49 and CDF 8,926.98 per pound(lb) in Kinshasa and Lubumbashi.
Wholesale prices
In 2024, the approximate wholesale price range for DRC Congo malt extract is between US$ 2.76 and US$ 5.51 per kilogram or between US$ 1.25 and US$ 2.50 per pound(lb).
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DRC Congo Malt Extract Export Prices - Historical, Trends and Prediction
The export price of Malt Extract from DRC Congo has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price of Malt Extract from DRC Congo in 2022 was $3.05 per kilogram. Looking ahead, it is likely that the export price of Malt Extract from DRC Congo will continue to increase in the coming years. Based on the data, it is predicted that the price per kilogram in 2023 will be around $3.20, and in 2024 it is expected to be around $3.35.The malt extract exports from DRC Congo are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
DRC Congo Malt Extract Import Prices - Historical, Trends and Prediction
The import price of Malt Extract 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 Malt Extract into DRC Congo in 2022 was $0.80 per kilogram. This represents a 77.78% increase in the import price of Malt Extract into DRC Congo over the past five years. Based on this trend, it is likely that the import price of Malt Extract into DRC Congo will continue to increase in the coming years. Therefore, it is predicted that the import price of Malt Extract into DRC Congo in 2023 will be $0.90 per kilogram, and in 2024 it will be $1.00 per kilogram.Export values for DRC Congo malt extract
The total values in export for malt extract in DRC Congo were US$ 1,501, US$ 1,762, US$ 2,011 and US$ 1,854 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 malt extract in other countries across Africa: Algeria malt extract, Angola malt extract, Botswana malt extract, Burundi malt extract, Cameroon malt extract, Cape Verde malt extract, Central African Republic malt extract, Comoros malt extract, DRC Congo malt extract & Benin malt extract.
DRC Congo malt extract - Production, Exports, Imports, Seasons and HS Codes
In 2019 DRC Congo sold 1,515 tonnes of malt extract. Through 2019 alone, the interest in DRC Congo malt extract (processed category) has gone up, recording a change of 7.371 per cent compared to the year 2018. Between 2017 and 2019, malt extract's exports went up by 22.67% netting the exporter US$1.85m for the year 2019. DRC Congo's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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DRC Congo malt extract export values
In 2019, DRC Congo supplied malt extract valued at 1.85m USD, a contraction of -8.01% from 2018's total malt extract export of 2.011m USD. The annual change in value of DRC Congo malt extract between 2017 to 2018 was 14.132%.
The yearly variation in the volume of DRC Congo's malt extract exports between 2017 and 2019 was 22.67 per cent in comparison to a variation of 7.371% in the period between 2018 and 2019.
Export markets for DRC Congo malt extract ( in '000$ )
DRC Congo's top destinations for malt extract are Belgium, Switzerland, France and the Netherlands.
DRC Congo imported 14,754 tonnes of malt extract in 2019.