What is the price of natural gum arabic per kilogram/pound in US today?
The retail price range for US natural gum arabic is between US$ 3.81 and US$ 6.67 per kilogram or between US$ 1.73 and US$ 3.03 per pound(lb). Click here to see today's exact prices of natural gum arabic in US
The retail price range in Euro for natural gum arabic is between EUR 3.50 and EUR 6.12 per kilogram or between EUR 1.59 and EUR 2.78 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US natural gum arabic is between US$ 2.67 and US$ 4.67 per kilogram or between US$ 1.21 and US$ 2.12 per pound(lb).
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US Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from the US has seen a steady increase over the last five years. In 2016, the price per kilogram was 4.57 US dollars, and this increased to 4.98 US dollars in 2021. This represents an increase of 8.7%. Looking ahead, we can predict that the export price of Natural Gum Arabic will continue to rise, with an estimated price of 5.23 US dollars in 2023 and 5.47 US dollars in 2024.US Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into the US over the last five years has been relatively stable. In 2017, the price was 4.41 US$ per kg, followed by 4.38 US$ per kg in 2018. In 2019, the price increased to 4.54 US$ per kg, and then to 4.56 US$ per kg in 2020. The highest price was recorded in 2021, at 4.98 US$ per kg, before dropping slightly to 5.1 US$ per kg in 2022. Based on this trend, it is likely that the import price of Natural Gum Arabic into the US will remain around 5 US$ per kg in 2023 and 2024.Export values for US natural gum arabic
The total values in export for natural gum arabic in US were US$ 12,793, US$ 12,554, US$ 13,316 and US$ 11,006 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 US: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural gum arabic in other countries across North America: Canada natural gum arabic, US natural gum arabic, Anguilla natural gum arabic, Antigua and Barbuda natural gum arabic, Bermuda natural gum arabic, Bonaire, Sint Eustatius and Saba natural gum arabic, St.Pierre and Miquelon natural gum arabic, United States Minor Outlying Islands natural gum arabic, Cayman Islands natural gum arabic & Greenland natural gum arabic.
US natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
The volume of natural gum arabic sold by US in 2020 was 1,568 metric tonnes. In 2019 US shipped 2,422 tonnes of natural gum arabic. For 2019 alone, the demand for US natural gum arabic (agro commodities category) has shrunk, with a change of -20.381 percent compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports decreased by -14.9 percent earning the exporter US$11.01m for the year 2019. US' natural gum arabic exports are classified as:
- Natural gum Arabic (HS code 130120)
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US natural gum arabic export values
In 2019, US shipped natural gum arabic worth 11.01m USD, a drop of -17.32% from 2018's total natural gum arabic export of 13.316m USD. The yearly reduction in value of US natural gum arabic between 2017 to 2018 was 6.07 percent.
The annual/yearly change in the volume of US' natural gum arabic exports between 2017 and 2019 was -14.9 per cent compared to a variation of -20.381% in the period between 2018 and 2019.
Export markets for US natural gum arabic ( in '000$ )
US ordered 12,057 tonnes of natural gum arabic in 2019.