Kinshasa, October 10, 2024 (Fatshimetrie).- The cocoa sector in the Democratic Republic of Congo is at the heart of economic news with a significant increase in prices on international markets. Indeed, between October 7 and 12, 2024, the price of a kilogram of cocoa increased by 7.16%, from 6.70 to 7.18 US dollars. This trend reflects the constant fluctuations in the global market for agricultural products.
This price increase directly impacts Congolese cocoa producers, who see this increase as an opportunity to add value to their production. The Democratic Republic of Congo is a major player in cocoa production in Africa, and this upward trend could further stimulate the country’s agricultural sector.
It is interesting to note that this price increase is not isolated to cocoa, since other agricultural products such as robusta and arabica coffees are also experiencing an increase on international markets. This dynamic can be explained by various factors such as supply and demand, climatic conditions, as well as global economic policies.
Furthermore, it is crucial to highlight the importance of supporting local cocoa producers in the Democratic Republic of Congo, especially those who are members of cooperatives supported by organizations such as Trias. These initiatives contribute to strengthening the capacities of cocoa farmers and promoting sustainable agriculture in the country.
Finally, it is essential to take into consideration the challenges facing the cocoa sector in the Democratic Republic of Congo, particularly with regard to the decline in coffee-cocoa production over the years. It is imperative to support efforts to revitalize this agricultural sector to ensure a prosperous future for producers and secure a prominent place in the global cocoa market.
In conclusion, the rise in cocoa prices on international markets represents an opportunity and a challenge for the Democratic Republic of Congo. It is crucial to adopt effective strategies and policies to sustainably support the agricultural sector in the country and promote long-term economic development.