Fatshimetrie: Significant increase in the price of Congolese Arabica coffee on international markets
The Democratic Republic of Congo (DRC) recently recorded a significant increase of 6.11% in the price of Arabica coffee on international markets. This notable increase, which occurred during the period from November 18 to 23, 2024, propelled the price of a kilogram of coffee to USD 5.04, compared to USD 4.75 the previous week. This positive development was announced in a press release issued by the Ministry of Foreign Trade of the DRC.
This increase in the price of Congolese Arabica coffee reflects a renewed interest in this product on the world market. It thus offers a new export opportunity for the country and highlights the potential of Congolese coffee among international players. However, the constant fluctuations in world prices underline the need for the DRC to strengthen its competitiveness and diversify its markets to take full advantage of this price increase.
Experts recommend a proactive strategy to consolidate the DRC’s position in the global coffee market. This positive dynamic should encourage the country to explore new export opportunities, invest in the quality and traceability of its products, and consolidate its relationships with key players in the coffee industry.
The rise in the price of Congolese Arabica coffee represents a great opportunity for the country to boost its agricultural sector, create added value, and increase its export revenues. By capitalizing on this momentum, the DRC could strengthen its place on the international scene and play a significant role in the global coffee industry.
In conclusion, the recent increase in the price of Congolese Arabica coffee is a positive signal for the DRC’s coffee sector. It demonstrates the potential of this product on the international market and encourages the country to seize this opportunity to diversify its markets, strengthen its competitiveness, and increase its export revenues. Through a strategic and proactive approach, the DRC could consolidate its position as a quality coffee producer on the world stage.