What is the price of natural lac per kilogram/pound in India today?
The retail price range for India natural lac is between US$ 5.08 and US$ 19.94 per kilogram or between US$ 2.31 and US$ 9.04 per pound(lb). Click here to see today's exact prices of natural lac in India
The retail price range in Indian Rupee for natural lac is between INR 421.18 and INR 1,652.20 per kilogram or between INR 191.01 and INR 749.30 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India natural lac is between US$ 3.56 and US$ 13.96 per kilogram or between US$ 1.61 and US$ 6.33 per pound(lb).
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India Natural Lac Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Lac from India has seen a steady decline over the past five years. In 2021, the export price was 9.71 US dollars per kilogram, down from 14.69 US dollars per kilogram in 2012. The lowest export price was recorded in 2014, at 7.51 US dollars per kilogram. Since then, the export price has been gradually increasing, reaching 9.44 US dollars per kilogram in 2020. Based on this trend, it is predicted that the export price of Natural Lac from India will be around 10.17 US dollars per kilogram in 2023 and 10.44 US dollars per kilogram in 2024.India Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into India has seen a steady increase over the past five years. In 2016, the price was 6.29 US dollars per kg, and in 2021, it was 9.71 US dollars per kg. This represents an increase of 54.3% over the five-year period. The highest price was recorded in 2020, when it was 9.44 US dollars per kg. The lowest price was recorded in 2014, when it was 7.51 US dollars per kg. Based on the current trend, it is predicted that the import price per kilogram of Natural Lac into India will be 10.45 US dollars in 2023 and 11.17 US dollars in 2024.Export values for India natural lac
The total values in export for natural lac in India were US$ 72,512, US$ 68,346, US$ 68,986 and US$ 83,011 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 India: 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 Asia: Kazakhstan natural lac, Kyrgyzstan natural lac, Tajikistan natural lac, Turkmenistan natural lac, Uzbekistan natural lac, China natural lac, Hong Kong natural lac, Macao natural lac, North Korea natural lac & Mongolia natural lac.
India natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 10,736 tonnes of natural lac. In 2019 alone, the demand for India natural lac (agro commodities category) has reduced, with a change of -3.748 % compared to the year 2018. Between 2017 and 2019, natural lac's exports reduced by -5.23% netting the exporter US$83.01m for the year 2019. India's natural lac exports are classified as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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India natural lac export values
In 2019, India supplied natural lac valued at 83.01m USD, a surge of 20.33% from 2018's total natural lac export of 68.986m USD. The annual increase in value of India natural lac between 2017 to 2018 was 0.93641179 percent.
The yearly change in the quantity of India's natural lac exports between 2017 and 2019 was -5.23% in comparison to a variation of -3.748% in the period between 2018 and 2019.
Export markets for India natural lac ( in '000$ )
India purchased 10,736 tonnes of natural lac in 2019.