Title: The rise of Congolese agricultural and forestry products on world markets
Introduction :
The agricultural and forestry sector of the Democratic Republic of Congo (DRC) is currently experiencing an upward trend on international markets. Products such as coffee, cocoa, rubber and other Congolese natural resources are increasingly popular with international buyers. In this article, we will take a closer look at this trend and the reasons why these Congolese products are booming on the world stage.
The rise of Congolese coffee:
Coffee, particularly robusta and arabica, is one of the flagship products of the Congolese agricultural sector. During the week of September 4 to 9, 2023, the prices of robusta and arabica coffee saw a significant increase in international markets. Robusta coffee is expected to reach USD 2.50 per kilogram, up from USD 2.43 the previous week. Similarly, Arabica coffee is experiencing a price increase, from USD 2.35 to USD 2.48 per kilogram.
Product diversification:
Besides coffee, other Congolese agricultural and forestry products are also experiencing an increase in demand and prices on international markets. Congolese cocoa, renowned for its quality and unique taste, sees its price increase from 1.90 USD to 1.92 USD per kilogram. Papain, cinchona bark, totaquina powder, quinine salt and rauwolfia also recorded a price increase, reflecting the growing interest of international buyers in these Congolese products.
Rubber price stability:
Rubber, an important forest product of the DRC, maintains price stability on world markets. It trades at USD 0.76 per kilogram, illustrating its consistent and attractive positioning for buyers.
Conclusion :
The Democratic Republic of Congo is experiencing notable growth in the agricultural and forestry sector, with growing demand and rising prices for its products on international markets. Coffee, particularly robusta and arabica, tops the list of popular Congolese products. Product diversification, such as cocoa and other natural resources, also contributes to this upward trend. This positive development offers economic opportunities for the country and underlines the importance of valorizing its natural resources for sustainable development.