What is the price of natural lac per kilogram/pound in Djibouti today?
The retail price range for Djibouti natural lac is between US$ 3.84 and US$ 7.67 per kilogram or between US$ 1.74 and US$ 3.48 per pound(lb). Click here to see today's exact prices of natural lac in Djibouti
The retail price range in Djibouti Franc for natural lac is between DJF 685.14 and DJF 1,370.29 per kilogram or between DJF 310.72 and DJF 621.44 per pound(lb) in Djibouti and Tadjoura.
Wholesale prices
In 2024, the approximate wholesale price range for Djibouti natural lac is between US$ 2.69 and US$ 5.37 per kilogram or between US$ 1.22 and US$ 2.44 per pound(lb).
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Djibouti Natural Lac Export Prices - Historical, Trends and Prediction
The export price of Natural Lac from Djibouti has seen a steady increase over the last five years. In 2010, the export price per kilogram was 1.21 US dollars, which increased to 3.52 US dollars in 2011. In 2013, the price dropped to 2.11 US dollars, but then rose again to 3.01 US dollars in 2014. The most recent years, 2020 and 2021, have seen the highest prices, with 4.1 US dollars and 5.65 US dollars respectively. Based on this trend, it is likely that the export price of Natural Lac from Djibouti will continue to increase, and we can predict that the price in 2023 will be around 6.30 US dollars per kilogram, and in 2024 it will be around 7.05 US dollars per kilogram.Djibouti Natural Lac Import Prices - Historical, Trends and Prediction
The import price of Natural Lac into Djibouti has seen a steady increase over the past five years. In 2010, the price per kilogram was $1.21, which rose to $3.52 in 2011. After a slight dip to $2.11 in 2013, the price rose again to $3.01 in 2014 and then to $4.10 in 2020. The most recent data shows that the price per kilogram has increased to $5.65 in 2021. Based on this trend, it is likely that the price of Natural Lac into Djibouti will continue to increase in the coming years. We can predict that the price per kilogram in 2023 will be around $6.50 and in 2024 it will be around $7.35.Export values for Djibouti natural lac
The total values in export for natural lac in Djibouti were US$ 301, US$ 76, US$ 162 and US$ 343 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 Djibouti: 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 Africa: Algeria natural lac, Angola natural lac, Botswana natural lac, Burundi natural lac, Cameroon natural lac, Cape Verde natural lac, Central African Republic natural lac, Comoros natural lac, DRC Congo natural lac & Benin natural lac.
Djibouti natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 Djibouti shipped 80 tonnes of natural lac. For the year 2019 alone, the interest in Djibouti natural lac (agro commodities category) has reduced, flactuating by -12.088 % compared to the year 2018. Between 2017 and 2019, natural lac's exports grew by 70.21% netting the exporter US$0.34m for the year 2019. Djibouti's natural lac exports are categorised as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Djibouti natural lac export values
In 2019, Djibouti sold natural lac with a value of 0.34m USD, a surge of 109.88% from 2018's total natural lac export of 0.162m USD. The annual growth in value of Djibouti natural lac between 2017 to 2018 was 113.158 percent.
The yearly change in the amount of Djibouti's natural lac exports between 2017 and 2019 was 70.21% compared to a variation of -12.088% in the period between 2018 and 2019.
Export markets for Djibouti natural lac ( in '000$ )
Djibouti imported 224 tonnes of natural lac in 2019.