What is the price of natural lac per kilogram/pound in Italy today?
The retail price range for Italy natural lac is between US$ 6.20 and US$ 7.78 per kilogram or between US$ 2.81 and US$ 3.53 per pound(lb). Click here to see today's exact prices of natural lac in Italy
The retail price range in Euro for natural lac is between EUR 5.73 and EUR 7.18 per kilogram or between EUR 2.60 and EUR 3.26 per pound(lb) in Rome and Milan.
Wholesale prices
In 2024, the approximate wholesale price range for Italy natural lac is between US$ 4.34 and US$ 5.44 per kilogram or between US$ 1.97 and US$ 2.47 per pound(lb).
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Italy natural lac - Production, Exports, Imports, Seasons and HS Codes
The amount of natural lac sold by Italy in 2020 was 202 metric tonnes. In 2019 Italy sold 545 tonnes of natural lac. In 2019 alone, the market for Italy natural lac (agro commodities category) has shrunk, recording a change of -63.051 per cent compared to the year 2018. Between 2017 and 2019, natural lac's exports reduced by -58.08% earning Italy US$1.79m for the year 2019. Italy's natural lac exports are classified as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Italy natural lac export values
In 2019, Italy supplied natural lac costing 1.79m USD, a contraction of -51.20% from 2018's total natural lac export of 3.668m USD. The yearly reduction in value of Italy natural lac between 2017 to 2018 was -0.40727668 per cent.
The yearly variation in the volume of Italy's natural lac exports between 2017 and 2019 was -58.08 pc when compared to a variation of -63.051% in the growth rate between 2018 and 2019.
Italy's share of the world's total natural lac's exports in 2019 was 13.3 per cent. The country holds number 3 in world exports of natural lac.
Export markets for Italy natural lac ( in '000$ )
Import/Export Trends
Italy is a net importer of natural lac. The annual growth of Italy natural lac in value between 2015 to 2019 was -7%, per year, while annual growth in quantity through the same period was -11%, per annum.
Italy imported 2,283 tonnes of natural lac in 2019.