What is the price of natural lac per kilogram/pound in Colombia today?
The retail price range for Colombia natural lac is between US$ 2.40 and US$ 8.04 per kilogram or between US$ 1.09 and US$ 3.65 per pound(lb). Click here to see today's exact prices of natural lac in Colombia
The retail price range in Unidad de Valor Real for natural lac is between COP 10,916.98 and COP 36,538.45 per kilogram or between COP 4,951.01 and COP 16,570.73 per pound(lb) in Bogotá and Medellín.
Wholesale prices
In 2024, the approximate wholesale price range for Colombia natural lac is between US$ 1.68 and US$ 5.63 per kilogram or between US$ 0.76 and US$ 2.55 per pound(lb).
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Colombia natural lac - Production, Exports, Imports, Seasons and HS Codes
The amount of natural lac exported by Colombia in 2020 was 1 metric tonnes. In 2019 Colombia exported 3 tonnes of natural lac. Across 2019 alone, the market for Colombia natural lac (agro commodities category) has gone up, with a change of 50 percent compared to the year 2018. Between 2017 and 2019, natural lac's exports increased by 50 pc netting the exporter US$0.08m for the year 2019. Colombia's natural lac exports are categorised as:
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
- Natural lac (HS code 130110)
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Colombia natural lac export values
In 2019, Colombia sold natural lac with a value of 0.08m USD, a growth of 5.26% from 2018's total natural lac export of 0.076m USD. The yearly increase in value of Colombia natural lac between 2017 to 2018 was 8.571 percent.
The annual change in the quantity of Colombia's natural lac exports between 2017 and 2019 was 50 percent when compared to a variation of 50% in the growth rate between 2018 and 2019.
Export markets for Colombia natural lac ( in '000$ )
Colombia imported 198 tonnes of natural lac in 2019.