What is the price of natural gum arabic per kilogram/pound in China today?
The retail price range for China natural gum arabic is between US$ 8.57 and US$ 13.81 per kilogram or between US$ 3.89 and US$ 6.26 per pound(lb). Click here to see today's exact prices of natural gum arabic in China
The retail price range in Yuan Renminbi for natural gum arabic is between CNY 60.09 and CNY 96.81 per kilogram or between CNY 27.25 and CNY 43.91 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China natural gum arabic is between US$ 6.00 and US$ 9.66 per kilogram or between US$ 2.72 and US$ 4.38 per pound(lb).
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China Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from China has seen a steady increase over the last five years. In 2017, the price was 6.67 US$ per kg, followed by 6.30 US$ per kg in 2018. In 2019, the price dropped to 4.61 US$ per kg, before rising to 11.17 US$ per kg in 2020. The price then dropped again to 4.31 US$ per kg in 2021, before increasing to 5.63 US$ per kg in 2022. Based on this trend, it is predicted that the export price of Natural Gum Arabic from China will be 6.20 US$ per kg in 2023 and 6.80 US$ per kg in 2024.China Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into China over the last five years has been quite varied. In 2017, the price was 6.67 US dollars per kilogram, followed by a slight decrease to 6.30 US dollars per kilogram in 2018. In 2019, the price dropped to 4.61 US dollars per kilogram, before rising to 11.17 US dollars per kilogram in 2020. The price then dropped again to 4.31 US dollars per kilogram in 2021, before increasing to 5.63 US dollars per kilogram in 2022. Based on the data, it is likely that the price of Natural Gum Arabic into China will continue to fluctuate in the coming years. We can predict that the price in 2023 will be around 5.50 US dollars per kilogram, and in 2024 it will be around 6.00 US dollars per kilogram.Export values for China natural gum arabic
The total values in export for natural gum arabic in China were US$ 65, US$ 80, US$ 126 and US$ 106 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 China: 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 Asia: Kazakhstan natural gum arabic, Kyrgyzstan natural gum arabic, Tajikistan natural gum arabic, Turkmenistan natural gum arabic, Uzbekistan natural gum arabic, China natural gum arabic, Hong Kong natural gum arabic, Macao natural gum arabic, North Korea natural gum arabic & Mongolia natural gum arabic.
China natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 23 tonnes of natural gum arabic. For the year 2019 alone, the interest in China natural gum arabic (agro commodities category) has escalated, with a change of 15 per cent compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports grew by 91.67 pc earning the exporter US$0.11m for the year 2019. China's natural gum arabic exports are classified as:
- Natural gum Arabic (HS code 130120)
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China natural gum arabic export values
In 2019, China shipped natural gum arabic with a value of 0.11m USD, a contraction of -12.70% from 2018's total natural gum arabic export of 0.126m USD. The yearly change in value of China natural gum arabic between 2017 to 2018 was 57.5 per cent.
The annual change in the volume of China's natural gum arabic exports between 2017 and 2019 was 91.67% when compared to a variation of 15% in the growth rate between 2018 and 2019.
China's portion of the world's total natural gum arabic's exports in 2019 was less than 1%. The country holds number 6 in world exports of natural gum arabic.
Export markets for China natural gum arabic ( in '000$ )
China purchased 4,058 tonnes of natural gum arabic in 2019.