What is the price of natural lac per kilogram/pound in Singapore today?
The retail price range for Singapore natural lac is between US$ 1.99 and US$ 2.65 per kilogram or between US$ 0.90 and US$ 1.20 per pound(lb). Click here to see today's exact prices of natural lac in Singapore
The retail price range in Singapore Dollar for natural lac is between SGD 2.68 and SGD 3.56 per kilogram or between SGD 1.21 and SGD 1.62 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2025, the approximate wholesale price range for Singapore natural lac is between US$ 1.39 and US$ 1.85 per kilogram or between US$ 0.63 and US$ 0.84 per pound(lb).
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Singapore Natural Lac Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Lac from Singapore has seen a steady increase over the last five years. In 2016, the price was 4.91 US$ per kg, and by 2021, it had risen to 5.31 US$ per kg. This represents an 8.2% increase in the price of Natural Lac over the five-year period. In 2020, the price dropped to 4.23 US$ per kg, but it has since recovered to 5.31 US$ per kg in 2021. Based on this trend, it is likely that the price of Natural Lac will continue to increase in the coming years, with an estimated price of 5.45 US$ per kg in 2023 and 5.59 US$ per kg in 2024.Singapore Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Singapore has seen a fluctuating trend over the past five years. In 2016, the price was at its highest at 4.91 US $ per kg, before dropping to 4.55 US $ per kg in 2019. The price then rose to 5.31 US $ per kg in 2021. Based on this trend, it is predicted that the import price of Natural Lac into Singapore will be 5.45 US $ per kg in 2023 and 5.59 US $ per kg in 2024.Export values for Singapore natural lac
The total values in export for natural lac in Singapore were US$ 9,021, US$ 6,431, US$ 5,536 and US$ 5,780 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 Singapore: 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.
Singapore natural lac - Production, Exports, Imports, Seasons and HS Codes
The volume of natural lac shipped by Singapore in 2020 was 1,084 metric tonnes. In 2019 Singapore shipped 1,269 tonnes of natural lac. For 2019 alone, the demand for Singapore natural lac (agro commodities category) has climbed, recording a change of 13.001 percent compared to the year 2018. Between 2017 and 2019, natural lac's exports increased by 9.97% netting Singapore US$5.78m for the year 2019. Singapore's natural lac exports are categorised as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Singapore natural lac export values
In 2019, Singapore supplied natural lac with a value of 5.78m USD, a growth of 4.41% from 2018's total natural lac export of 5.536m USD. The yearly increase in value of Singapore natural lac between 2017 to 2018 was -13.917%.
The yearly change in the volume of Singapore's natural lac exports between 2017 and 2019 was 9.97 percent in comparison to a variation of 13.001% in the period between 2018 and 2019.
Singapore's portion of the world's total natural lac's exports in 2019 was less than 1%. The country is ranked position 22 in world exports of natural lac.
Export markets for Singapore natural lac ( in '000$ )
Import/Export Trends
Singapore is a net importer of natural lac. The annual growth of Singapore natural lac in value between 2015 to 2019 was 60%, per annum, while annual growth in quantity was 50%, per annum.
Singapore purchased 1,727 tonnes of natural lac in 2019.