What is the price of natural lac per kilogram/pound in China today?
The retail price range for China natural lac is between US$ 10.36 and US$ 20.42 per kilogram or between US$ 4.70 and US$ 9.26 per pound(lb). Click here to see today's exact prices of natural lac in China
The retail price range in Yuan Renminbi for natural lac is between CNY 72.64 and CNY 143.20 per kilogram or between CNY 32.94 and CNY 64.94 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China natural lac is between US$ 7.25 and US$ 14.29 per kilogram or between US$ 3.29 and US$ 6.48 per pound(lb).
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China Natural Lac Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Lac from China over the last five years has been quite volatile. In 2012, the price was 7.63 US dollars per kg, which then rose to 12.56 US dollars per kg in 2013. However, the price dropped to 8.95 US dollars per kg in 2014 and further to 8.25 US dollars per kg in 2015. In 2016, the price dropped to its lowest point of 6.35 US dollars per kg. Since then, the price has been gradually increasing, reaching 6.78 US dollars per kg in 2017, 7.68 US dollars per kg in 2018, 6.80 US dollars per kg in 2019, and 7.46 US dollars per kg in 2020. The price then rose to 9.01 US dollars per kg in 2021 and 10.48 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Natural Lac from China will be 11.05 US dollars per kg in 2023 and 11.62 US dollars per kg in 2024.China Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into China over the last five years has been quite volatile. In 2017, the price was 6.78 US dollars per kg, followed by a slight increase to 7.68 US dollars per kg in 2018. However, in 2019, the price dropped to 6.8 US dollars per kg, before rising again to 7.46 US dollars per kg in 2020. The price then increased further to 9.01 US dollars per kg in 2021, before reaching its highest point of 10.48 US dollars per kg in 2022. Based on the current trend, it is likely that the import price per kilogram of Natural Lac into China will continue to increase in the next two years. We predict that the price will reach 11.02 US dollars per kg in 2023 and 11.56 US dollars per kg in 2024.Export values for China natural lac
The total values in export for natural lac in China were US$ 3,959, US$ 4,070, US$ 6,252 and US$ 7,233 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 China: 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.
China natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 1,064 tonnes of natural lac. Across 2019 alone, the interest in China natural lac (agro commodities category) has improved, flactuating by 30.713 % compared to the year 2018. Between 2017 and 2019, natural lac's exports grew by 77.33 percent netting the country US$7.23m for the year 2019. China's natural lac exports are classified as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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China natural lac export values
In 2019, China shipped natural lac worth 7.23m USD, an improvement of 15.64% from 2018's total natural lac export of 6.252m USD. The annual increase in value of China natural lac between 2017 to 2018 was 53.612 per cent.
The per year change in the volume of China's natural lac exports between 2017 and 2019 was 77.33 per cent compared to a variation of 30.713% in the period between 2018 and 2019.
Export markets for China natural lac ( in '000$ )
China imported 36,605 tonnes of natural lac in 2019.