What is the price of soya beans per kilogram/pound in DRC Congo today?
The retail price range for DRC Congo soya beans is between US$ 2.89 and US$ 4.82 per kilogram or between US$ 1.31 and US$ 2.19 per pound(lb). Click here to see today's exact prices of soya beans in DRC Congo
The retail price range in Congolese franc for soya beans is between CDF 7,231.50 and CDF 12,052.50 per kilogram or between CDF 3,279.59 and CDF 5,465.99 per pound(lb) in Kinshasa and Lubumbashi.
Wholesale prices
In 2024, the approximate wholesale price range for DRC Congo soya beans is between US$ 2.02 and US$ 3.37 per kilogram or between US$ 0.92 and US$ 1.53 per pound(lb).
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DRC Congo Soya Beans Export Prices - Historical, Trends and Prediction
The export price of Soya 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 export price per kilogram in 2022 is expected to be $0.65. Based on this trend, it is likely that the export price per kilogram for 2023 and 2024 will be $0.70 and $0.75 respectively.The soya beans exports from DRC Congo are classified as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
DRC Congo Soya Beans Import Prices - Historical, Trends and Prediction
The import price of Soya Beans 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, and in 2021 it further increased to $0.70. The most recent data shows that the import price per kilogram of Soya Beans into DRC Congo was $0.80 in 2022. This steady increase in the import price of Soya Beans into DRC Congo over the past five years is indicative of a positive trend. Based on this trend, it is likely that the import price per kilogram of Soya Beans into DRC Congo will continue to increase in the coming years. It is predicted that the import price per kilogram of Soya Beans into DRC Congo will be $0.90 in 2023 and $1.00 in 2024.Export values for DRC Congo soya beans
The total values in export for soya beans in DRC Congo were US$ 40, US$ 236, US$ 118 and US$ 247 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in DRC Congo: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across Africa: Algeria soya beans, Angola soya beans, Botswana soya beans, Burundi soya beans, Cameroon soya beans, Cape Verde soya beans, Central African Republic soya beans, Comoros soya beans, DRC Congo soya beans & Benin soya beans.
DRC Congo soya beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 DRC Congo sold 924 tonnes of soya beans. For the year 2019 alone, the market for DRC Congo soya beans (cereals/grains category) has climbed, changing by 118.44 per cent compared to the year 2018. Between 2017 and 2019, soya beans' exports grew by 12% bringing the nation US$0.25m for the year 2019. DRC Congo's soya beans exports are categorised as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
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DRC Congo soya beans export values
In 2019, DRC Congo sold soya beans worth 0.25m USD, a growth of 111.86% from 2018's total soya beans export of 0.118m USD. The yearly change in value of DRC Congo soya beans between 2017 to 2018 was -50 pc.
The annual change in the volume of DRC Congo's soya beans exports between 2017 and 2019 was 12 pc compared to a variation of 118.44% in the period between 2018 and 2019.
Export markets for DRC Congo soya beans ( in '000$ )
DRC Congo's leading destinations for soya beans are Rwanda and Uganda.
DRC Congo ordered 31 tonnes of soya beans in 2019.
Production
The production of soya beans in DRC Congo was 75,132 tonnes in 2019 and is forecast to change by an average of 2.53%. The country had approximately 138,000.00 hectares under soya beans cultivation.