What is the price of natural gum arabic per kilogram/pound in Canada today?
The retail price range for Canada natural gum arabic is between US$ 4.84 and US$ 14.52 per kilogram or between US$ 2.20 and US$ 6.59 per pound(lb). Click here to see today's exact prices of natural gum arabic in Canada
The retail price range in Canadian Dollar for natural gum arabic is between CAD 6.53 and CAD 19.60 per kilogram or between CAD 2.96 and CAD 8.89 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada natural gum arabic is between US$ 3.39 and US$ 10.16 per kilogram or between US$ 1.54 and US$ 4.61 per pound(lb).
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Canada Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from Canada has seen a significant fluctuation over the past five years. In 2017, the price was 6.17 US$ per kg, which increased to 15.5 US$ per kg in 2018. However, the price dropped to 3.33 US$ per kg in 2019 and further decreased to 2.89 US$ per kg in 2020. In 2021, the price rose to 7.33 US$ per kg and further increased to 7.60 US$ per kg in 2022. Based on the current trend, it is predicted that the export price of Natural Gum Arabic from Canada will be around 8.00 US$ per kg in 2023 and 8.50 US$ per kg in 2024.Canada Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into Canada over the last five years has been quite volatile. In 2016, the price was $5.00 per kg, which increased to $6.17 in 2017. However, in 2018, the price skyrocketed to $15.50 per kg, before dropping back to $3.33 in 2019. The price then decreased further to $2.89 in 2020, before rising again to $7.33 in 2021 and $7.60 in 2022. Looking ahead, it is likely that the price of Natural Gum Arabic will remain relatively stable in the next two years. We predict that the price will be around $7.60 per kg in 2023 and $7.50 per kg in 2024.Export values for Canada natural gum arabic
The total values in export for natural gum arabic in Canada were US$ 15, US$ 37, US$ 124 and US$ 233 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 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.
Canada natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
The quantity of natural gum arabic sold by Canada in 2020 was 28 tonnes. In 2019 Canada exported 70 tonnes of natural gum arabic. For 2019 alone, the market for Canada natural gum arabic (agro commodities category) has gone up, flactuating by 775 per cent compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports grew by 1066.67 pc earning the nation US$0.23m for the year 2019. Canada's natural gum arabic exports are categorised as:
- Natural gum Arabic (HS code 130120)
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Canada natural gum arabic export values
In 2019, Canada shipped natural gum arabic valued at 0.23m USD, an increment of 85.48% from 2018's total natural gum arabic export of 0.124m USD. The annual increase in value of Canada natural gum arabic between 2017 to 2018 was 235.135%.
The annual/yearly variation in the volume of Canada's natural gum arabic exports between 2017 and 2019 was 1066.67 per cent compared to a variation of 775% in the period between 2018 and 2019.
Export markets for Canada natural gum arabic ( in '000$ )
Canada bought 1,497 tonnes of natural gum arabic in 2019.