What is the price of natural lac per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic natural lac is between US$ 0.74 and US$ 1.23 per kilogram or between US$ 0.34 and US$ 0.56 per pound(lb). Click here to see today's exact prices of natural lac in Dominican Republic
The retail price range in Dominican peso for natural lac is between DOP 40.35 and DOP 67.25 per kilogram or between DOP 18.30 and DOP 30.50 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic natural lac is between US$ 0.52 and US$ 0.86 per kilogram or between US$ 0.23 and US$ 0.39 per pound(lb).
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Dominican Republic Natural Lac Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Lac from Dominican Republic over the last five years has been quite varied. In 2017, the price was 2.93 US$ per kg, followed by a sharp increase to 7.38 US$ per kg in 2018. In 2019, the price dropped to 5.40 US$ per kg, and then further decreased to 4.50 US$ per kg in 2020. However, the price has been on the rise again in 2021, reaching 7.43 US$ per kg. Based on this trend, it is likely that the price of Natural Lac from Dominican Republic will be around 8.00 US$ per kg in 2023 and 8.50 US$ per kg in 2024.Dominican Republic Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Dominican Republic over the last five years has been quite varied. In 2017, the price was at its lowest at 2.93 US $ per kg, before increasing to 8.33 US $ per kg in 2016. This was followed by a slight decrease to 7.44 US $ per kg in 2015, before rising again to 8.25 US $ per kg in 2013. In 2012, the price was 6.8 US $ per kg. In the last two years, the price has seen a decrease, with 2019 at 5.4 US $ per kg and 2020 at 4.5 US $ per kg. 2021 saw a slight increase to 7.43 US $ per kg. Looking ahead, it is likely that the import price per kilogram of Natural Lac into Dominican Republic will remain relatively stable in the next two years. We predict that the price in 2023 will be around 6.50 US $ per kg, and in 2024 it will be around 6.75 US $ per kg.Export values for Dominican Republic natural lac
The total values in export for natural lac in the Dominican Republic were US$ 32, US$ 41, US$ 59 and US$ 27 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 Dominican Republic: 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 Caribbean: Aruba natural lac, Bahamas natural lac, Barbados natural lac, Cuba natural lac, Dominican Republic natural lac, Grenada natural lac, Guadeloupe natural lac, Haiti natural lac, Jamaica natural lac & Martinique natural lac.
Dominican Republic natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic shipped 5 tonnes of natural lac. In 2019 alone, the market for the Dominican Republic natural lac (agro commodities category) has gone down, with a change of -37.5 % compared to the year 2018. Between 2017 and 2019, natural lac's exports decreased by -64.29% netting the Dominican Republic US$0.03m for the year 2019. the Dominican Republic's natural lac exports are classified as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Dominican Republic natural lac export values
In 2019, the Dominican Republic sold natural lac with a value of 0.03m USD, a reduction of -49.15% from 2018's total natural lac export of 0.059m USD. The annual change in value of the Dominican Republic natural lac between 2017 to 2018 was 43.902 percent.
The annual/yearly variation in the amount of the Dominican Republic's natural lac exports between 2017 and 2019 was -64.29 per cent in comparison to a variation of -37.5% in the period between 2018 and 2019.
Export markets for Dominican Republic natural lac ( in '000$ )
the Dominican Republic ordered 72 tonnes of natural lac in 2019.