Democratic Republic of the Congo: Millet Market 2020

Millet Market Size in Democratic Republic of the Congo

The revenue of the millet market in Democratic Republic of the Congo amounted to $X in 2018, growing by X% against the previous year. Over the period under review, millet consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the millet market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Millet Production in Democratic Republic of the Congo

In value terms, millet production amounted to $X in 2018 estimated in export prices. Over the period under review, millet production continues to indicate measured growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Democratic Republic of the Congo millet production peaked in 2018 and is expected to retain its growth in the immediate term.

Average yield of millet in Democratic Republic of the Congo totaled X kg per ha in 2018, standing approx. at the previous year. In general, the millet yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when yield increased by X% against the previous year. The global millet yield peaked 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.

Millet harvested area in Democratic Republic of the Congo stood at X ha in 2018, approximately equating the previous year. Overall, the millet harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The global millet harvested area peaked at X ha in 2013; however, from 2014 to 2018, harvested area stood at a somewhat lower figure.

Millet Exports

Exports from Democratic Republic of the Congo

Millet exports from Democratic Republic of the Congo amounted to X tons in 2018, dropping by -X% against the previous year. In general, millet exports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, millet exports reached their maximum at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, millet exports amounted to $X in 2018. Overall, millet exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Democratic Republic of the Congo exports peaked at $X in 2015; afterwards, it flattened through to 2018.

Exports by Country

India (X tons), Ukraine (X tons) and the U.S. (X tons) represented roughly X% of total exports of millet in 2018. Russia (X tons) ranks next in terms of the total exports with a X% share, followed by China (X%) and France (X%). Austria (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 Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Ukraine ($X) and China ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Ukraine recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the millet export price in Democratic Republic of the Congo amounted to $X per ton, going down by -X% against the previous year. Over the period under review, the millet export price, however, continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Over the period under review, the export prices for millet attained their peak figure at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Millet Imports

Imports into Democratic Republic of the Congo

Millet imports into Democratic Republic of the Congo totaled X kg in 2018, going down by -X% against the previous year. Over the period under review, millet imports continue to indicate a sharp deduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Democratic Republic of the Congo imports peaked at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, millet imports stood at $X in 2018. Over the period under review, millet imports continue to indicate a dramatic reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Democratic Republic of the Congo imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The imports of the twelve major importers of millet, namely Belgium, Indonesia, the United Arab Emirates, Germany, Spain, the UK, Saudi Arabia, Pakistan, Italy, Canada, Poland and the Netherlands, represented more than half 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest millet importing markets into Democratic Republic of the Congo were Belgium ($X), Germany ($X) and Indonesia ($X), together comprising X% of total imports. The UK, the United Arab Emirates, the Netherlands, Canada, Spain, Pakistan, Italy, Saudi Arabia and Poland lagged somewhat behind, together accounting for a further X the main importing countries, Poland 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 millet import price in Democratic Republic of the Congo amounted to $X per ton, going down by -X% against the previous year. Overall, the millet import price, however, continues to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Democratic Republic of the Congo import price peaked at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while Spain ($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 Netherlands, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform