What is the price of natural lac per kilogram/pound in Canada today?
The retail price range for Canada natural lac is between US$ 11.09 and US$ 17.60 per kilogram or between US$ 5.03 and US$ 7.98 per pound(lb). Click here to see today's exact prices of natural lac in Canada
The retail price range in Canadian Dollar for natural lac is between CAD 14.97 and CAD 23.76 per kilogram or between CAD 6.79 and CAD 10.77 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada natural lac is between US$ 7.76 and US$ 12.32 per kilogram or between US$ 3.52 and US$ 5.59 per pound(lb).
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Canada Natural Lac Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Lac from Canada has seen a steady increase over the last five years. In 2017, the price was 6.14 US dollars per kg, and by 2021, it had risen to 13.22 US dollars per kg. The highest price was recorded in 2021, with a price of 13.22 US dollars per kg. The lowest price was recorded in 2016, with a price of 2.65 US dollars per kg. The price in 2020 was 10.68 US dollars per kg, and in 2019 it was 9.22 US dollars per kg. Based on this trend, it is predicted that the price of Natural Lac from Canada in 2023 will be around 11.45 US dollars per kg, and in 2024 it will be around 9.60 US dollars per kg.Canada Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Canada has seen a significant fluctuation over the past five years. In 2016, the price was at its lowest point of 2.65 US dollars per kg, before increasing to 6.14 US dollars per kg in 2017. This was followed by a further increase to 10.01 US dollars per kg in 2018, before dropping to 9.22 US dollars per kg in 2019. The price then rose again to 10.68 US dollars per kg in 2020, before reaching its highest point of 13.22 US dollars per kg in 2021. The most recent data shows that the price has dropped to 8.27 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram of Natural Lac into Canada will continue to fluctuate in the coming years. We predict that the price will increase to around 10.00 US dollars per kg in 2023, before dropping to 8.50 US dollars per kg in 2024.Export values for Canada natural lac
The total values in export for natural lac in Canada were US$ 16,833, US$ 2,044, US$ 2,342 and US$ 1,955 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Canada: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural lac in other countries across North America: Canada natural lac, US natural lac, Anguilla natural lac, Antigua and Barbuda natural lac, Bermuda natural lac, Bonaire, Sint Eustatius and Saba natural lac, St.Pierre and Miquelon natural lac, United States Minor Outlying Islands natural lac, Cayman Islands natural lac & Greenland natural lac.
Canada natural lac - Production, Exports, Imports, Seasons and HS Codes
The amount of natural lac shipped by Canada in 2020 was 216 metric tons. In 2019 Canada sold 212 tonnes of natural lac. Through 2019 alone, the demand for Canada natural lac (agro commodities category) has shrunk, changing by -9.402 percent compared to the year 2018. Between 2017 and 2019, natural lac's exports went down by -36.34 percent netting Canada US$1.96m for the year 2019. Canada's natural lac exports are categorised as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Canada natural lac export values
In 2019, Canada shipped natural lac with a value of 1.96m USD, a decrease of -16.31% from 2018's total natural lac export of 2.342m USD. The yearly change in value of Canada natural lac between 2017 to 2018 was 14.579 percent.
The annual/yearly variation in the amount of Canada's natural lac exports between 2017 and 2019 was -36.34 pc in comparison to a variation of -9.402% in the period between 2018 and 2019.
Canada's portion of the world's total natural lac's exports in 2019 was less than 1%. The country holds number 32 in world exports of natural lac.
Export markets for Canada natural lac ( in '000$ )
Canada imported 400 tonnes of natural lac in 2019.