What is the price of natural lac per kilogram/pound in Iran today?
The retail price range for Iran natural lac is between US$ 4.94 and US$ 10.88 per kilogram or between US$ 2.24 and US$ 4.93 per pound(lb). Click here to see today's exact prices of natural lac in Iran
The retail price range in Iranian rial for natural lac is between IRR 247,225.00 and IRR 543,895.00 per kilogram or between IRR 112,120.18 and IRR 246,664.40 per pound(lb) in Tehran and Mashhad.
Wholesale prices
In 2024, the approximate wholesale price range for Iran natural lac is between US$ 3.46 and US$ 7.61 per kilogram or between US$ 1.57 and US$ 3.45 per pound(lb).
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Iran Natural Lac Export Prices - Historical, Trends and Prediction
The export price of Natural Lac from Iran has seen a steady increase over the last five years. In 2016, the price was 15.72 US$ per kg, and in 2021, it was 12.85 US$ per kg. This represents a decrease of 19.2% over the five-year period. The highest price was recorded in 2019, at 23.82 US$ per kg, and the lowest in 2020, at 12.41 US$ per kg. Based on this trend, it is predicted that the export price of Natural Lac from Iran in 2023 will be around 11.90 US$ per kg, and in 2024, around 11.45 US$ per kg.Iran Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Iran over the last five years has been relatively stable. In 2017, the price was 15.41 US dollars per kg, followed by 15.58 US dollars per kg in 2018. In 2019, the price increased significantly to 23.82 US dollars per kg, before dropping to 12.41 US dollars per kg in 2020. The price then increased slightly to 12.85 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Natural Lac into Iran in 2023 will be around 13.50 US dollars per kg, and in 2024 will be around 14.15 US dollars per kg.Export values for Iran natural lac
The total values in export for natural lac in Iran were US$ 6,129, US$ 7,257, US$ 6,311 and US$ 8,251 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 Iran: 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.
Iran natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 Iran sold 742 tonnes of natural lac. For the year 2019 alone, the interest in Iran natural lac (agro commodities category) has gone up, flactuating by 83.21 percent compared to the year 2018. Between 2017 and 2019, natural lac's exports grew by 57.54 pc netting the exporter US$8.25m for the year 2019. Iran's natural lac exports are classified as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Iran natural lac export values
In 2019, Iran supplied natural lac worth 8.25m USD, an improvement of 30.72% from 2018's total natural lac export of 6.311m USD. The annual increase in value of Iran natural lac between 2017 to 2018 was -13.036 pc.
The annual variation in the quantity of Iran's natural lac exports between 2017 and 2019 was 57.54 per cent in comparison to a variation of 83.21% in the period between 2018 and 2019.
Export markets for Iran natural lac ( in '000$ )
Iran procured 174 tonnes of natural lac in 2019.