Democratic Republic of the Congo: Beef Market 2020

Beef Market Size in Democratic Republic of the Congo

The revenue of the beef market in Democratic Republic of the Congo amounted to $X in 2018, going down by -X% against the previous year. In general, beef consumption, however, continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. In that year, the beef market reached its peak level of $X. From 2013 to 2018, the growth of the beef market failed to regain its momentum.

Beef Production in Democratic Republic of the Congo

In value terms, beef production amounted to $X in 2018 estimated in export prices. Over the period under review, beef production continues to indicate an abrupt reduction. The growth pace was the most rapid in 2012 when production volume increased by X% against the previous year. In that year, beef production attained its peak level of $X. From 2013 to 2018, beef production growth remained at a lower figure.

Beef Exports

Exports from Democratic Republic of the Congo

In 2018, the exports of beef (cattle meat) from Democratic Republic of the Congo totaled X tons, picking up by X% against the previous year. In general, beef exports, however, continue to indicate a precipitous setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, beef exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, beef exports stood at $X in 2018. In general, beef exports, however, continue to indicate a dramatic deduction. The most prominent rate of growth was recorded in 2008 with a decrease of -X% year-to-year. Democratic Republic of the Congo exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Brazil (X tons), India (X tons), Australia (X tons) and the U.S. (X tons) represented roughly X% of total exports of beef (cattle meat) in 2018. It was distantly followed by the Netherlands (X tons), making up a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (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 India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X the main exporting countries, India recorded 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 beef export price in Democratic Republic of the Congo amounted to $X per ton, going down by -X% against the previous year. In general, the beef export price continues to indicate an abrupt slump. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. Democratic Republic of the Congo export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices 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. ($X per ton), while India ($X per ton) was amongst the lowest.

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

Beef Imports

Imports into Democratic Republic of the Congo

In 2018, the amount of beef (cattle meat) imported into Democratic Republic of the Congo amounted to X tons, going down by -X% against the previous year. Overall, beef imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, beef imports reached their maximum at X tons in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, beef imports amounted to $X in 2018. Overall, beef imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. In that year, beef imports attained their peak of $X. From 2014 to 2018, the growth of beef imports remained at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons) represented the largest importers of beef (cattle meat) in the world, achieving 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 Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets into Democratic Republic of the Congo were the U.S. ($X), Japan ($X) and China ($X), together comprising X% of total imports. South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X Nam recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the beef import price in Democratic Republic of the Congo amounted to $X per ton, jumping by X% against the previous year. In general, the import price indicated a measured increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. In that year, the import prices for beef (cattle meat) attained their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for beef (cattle meat) failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was South Korea ($X per ton), while Vietnam ($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.

Source: IndexBox Platform