What is the price of natural rubber per kilogram/pound in DRC Congo today?
The retail price range for DRC Congo natural rubber is between US$ 0.96 and US$ 1.91 per kilogram or between US$ 0.43 and US$ 0.87 per pound(lb). Click here to see today's exact prices of natural rubber in DRC Congo
The retail price range in Congolese franc for natural rubber is between CDF 2,393.25 and CDF 4,786.50 per kilogram or between CDF 1,085.37 and CDF 2,170.75 per pound(lb) in Kinshasa and Lubumbashi.
Wholesale prices
In 2024, the approximate wholesale price range for DRC Congo natural rubber is between US$ 0.67 and US$ 1.34 per kilogram or between US$ 0.30 and US$ 0.61 per pound(lb).
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DRC Congo Natural Rubber Export Prices - Historical, Trends and Prediction
The export price of Natural Rubber 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. This year, the export price per kilogram has reached $2.05. This steady increase in the export price of Natural Rubber from DRC Congo is likely to continue in the coming years. Based on the data, it is predicted that the export price per kilogram will be around $2.20 in 2023 and $2.35 in 2024.The natural rubber exports from DRC Congo are classified as:
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
DRC Congo Natural Rubber Import Prices - Historical, Trends and Prediction
The import price of Natural Rubber into DRC Congo has seen a steady increase over the past five years. In 2018, the import price per kilogram was $1.45, which increased to $1.60 in 2019. In 2020, the price rose to $1.80, and in 2021 it further increased to $2.00. The most recent data shows that the import price per kilogram of Natural Rubber into DRC Congo was $2.20 in 2022. Overall, the import price of Natural Rubber into DRC Congo has seen a steady increase of $0.75 over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Natural Rubber into DRC Congo will be $2.40 in 2023 and $2.60 in 2024.Export values for DRC Congo natural rubber
The total values in export for natural rubber in DRC Congo were US$ 14,208, US$ 4,960, US$ 10,200 and US$ 18,784 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 natural rubber in other countries across Africa: Algeria natural rubber, Angola natural rubber, Botswana natural rubber, Burundi natural rubber, Cameroon natural rubber, Cape Verde natural rubber, Central African Republic natural rubber, Comoros natural rubber, DRC Congo natural rubber & Benin natural rubber.
DRC Congo natural rubber - Production, Exports, Imports, Seasons and HS Codes
In 2019 DRC Congo sold 20,200 tonnes of natural rubber. For the year 2019 alone, the market for DRC Congo natural rubber (processed category) has climbed, flactuating by 75.226 % compared to the year 2018. Between 2017 and 2019, natural rubber's exports went up by 151.24% netting the country US$18.78m for the year 2019. DRC Congo's natural rubber exports are categorised as:
- Natural rubber latex, whether or not prevulcanised (HS code 400110)
- Balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip (excluding natural rubber, whether or not prevulcanised) (HS code 400130)
- Technically specified natural rubber "TSNR" (HS code 400122)
- Smoked sheets of natural rubber (HS code 400121)
- Natural rubber in primary forms or in plates, sheets or strip (excluding smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised) (HS code 400129)
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DRC Congo natural rubber export values
In 2019, DRC Congo supplied natural rubber with a value of 18.78m USD, an increase of 84.12% from 2018's total natural rubber export of 10.2m USD. The yearly increase in value of DRC Congo natural rubber between 2017 to 2018 was 105.645 per cent.
The annual variation in the volume of DRC Congo's natural rubber exports between 2017 and 2019 was 151.24 pc compared to a variation of 75.226% in the period between 2018 and 2019.
Export markets for DRC Congo natural rubber ( in '000$ )
DRC Congo's top destinations for natural rubber are Cameroon, Spain, the Netherlands, Germany and Romania.
DRC Congo purchased 3,752 tonnes of natural rubber in 2019.
Production
The production of natural rubber in DRC Congo was 254,200 tonnes in 2019 and is projected to change by an average of -21.7%. The country had an estimated 924,940.00 hectares under natural rubber cultivation.