Democratic Republic of the Congo: Wheat Market 2020

Wheat Market Size in Democratic Republic of the Congo

The revenue of the wheat market in Democratic Republic of the Congo amounted to $X in 2018, growing by X% against the previous year. Over the period under review, wheat consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, the wheat market attained its peak figure level at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Wheat Production in Democratic Republic of the Congo

In value terms, wheat production amounted to $X in 2018 estimated in export prices. In general, wheat production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. In that year, wheat production attained its peak level of $X. From 2017 to 2018, wheat production growth remained at a lower figure.

In 2018, the average wheat yield in Democratic Republic of the Congo totaled X ton per ha, approximately mirroring the previous year. Over the period under review, the wheat yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when yield increased by X% y-o-y. Over the period under review, the wheat yield reached its maximum level in 2018 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the wheat harvested area in Democratic Republic of the Congo amounted to X ha, coming down by -X% against the previous year. Overall, the wheat harvested area continues to indicate a measured downturn. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The global wheat harvested area peaked at X ha in 2010; however, from 2011 to 2018, harvested area stood at a somewhat lower figure.

Wheat Exports

Exports from Democratic Republic of the Congo

In 2018, the amount of wheat exported from Democratic Republic of the Congo amounted to X tons, rising by X% against the previous year. Overall, wheat exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Democratic Republic of the Congo exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, wheat exports amounted to $X in 2018. Overall, wheat exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Democratic Republic of the Congo exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The countries with the highest levels of wheat exports in 2018 were Australia (X tons), Canada (X tons), the U.S. (X tons), France (X tons), Russia (X tons), Argentina (X tons) and Ukraine (X tons), together amounting to X% of total export. Germany (X tons), Kazakhstan (X tons), Romania (X tons), Bulgaria (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Democratic Republic of the Congo (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest wheat markets from Democratic Republic of the Congo were the U.S. ($X), Canada ($X) and Russia ($X), together accounting for X% of total exports. These countries were followed by Australia, France, Ukraine, Argentina, Germany, Romania, Kazakhstan, Bulgaria, Hungary and Democratic Republic of the Congo, which together accounted for a further X terms of the main exporting countries, Democratic Republic of the Congo (+X% per year) experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the wheat export price in Democratic Republic of the Congo amounted to $X per ton, approximately reflecting the previous year. In general, the wheat export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. In that year, the export prices for wheat attained their peak level of $X per ton. From 2017 to 2018, the growth in terms of the export prices for wheat remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Wheat Imports

Imports into Democratic Republic of the Congo

In 2018, approx. X tons of wheat were imported into Democratic Republic of the Congo; going up by X% against the previous year. Overall, wheat imports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, wheat imports reached their maximum at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, wheat imports totaled $X in 2018. Over the period under review, wheat imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, wheat imports attained their peak of $X. From 2009 to 2018, the growth of wheat imports remained at a somewhat lower figure.

Imports by Country

In 2018, Indonesia (X tons), Egypt (X tons), Algeria (X tons), Bangladesh (X tons), Japan (X tons), Italy (X tons), the Philippines (X tons), Brazil (X tons), India (X tons), Spain (X tons), Turkey (X tons) and the Netherlands (X tons) represented the major importers of wheat in the world, making up X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Egypt ($X) and Algeria ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. Italy, the Philippines, Japan, Brazil, India, Bangladesh, Turkey, Spain, the Netherlands and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X the main importing countries, India recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the wheat import price in Democratic Republic of the Congo amounted to $X per ton, picking up by X% against the previous year. Overall, the wheat import price, however, continues to indicate a moderate slump. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. In that year, the import prices for wheat reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for wheat remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in the Philippines ($X per ton) and Italy ($X per ton), while Bangladesh ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform