What is the price of natural lac per kilogram/pound in Japan today?
The retail price range for Japan natural lac is between US$ 8.82 and US$ 14.69 per kilogram or between US$ 4.00 and US$ 6.66 per pound(lb). Click here to see today's exact prices of natural lac in Japan
The retail price range in Yen for natural lac is between JPY 1,217.61 and JPY 2,029.35 per kilogram or between JPY 552.20 and JPY 920.34 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan natural lac is between US$ 6.17 and US$ 10.28 per kilogram or between US$ 2.80 and US$ 4.66 per pound(lb).
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Japan Natural Lac Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Lac from Japan over the last five years has been quite volatile. In 2017, the price was 46.57 US dollars per kg, which was the highest in the period. This was followed by a sharp decline in 2018 to 34.14 US dollars per kg. In 2019, the price increased to 36.2 US dollars per kg, and then further increased to 42.08 US dollars per kg in 2020. The price then dropped to 33.07 US dollars per kg in 2021, and is currently at 34.10 US dollars per kg in 2022. Based on this trend, it is predicted that the price of Natural Lac from Japan will be around 35.10 US dollars per kg in 2023 and 36.10 US dollars per kg in 2024.Japan Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Japan over the last five years has been quite volatile. In 2017, the price was 46.57 US dollars per kg, which was the highest in the last five years. This was followed by a sharp decline in 2018 to 34.14 US dollars per kg. In 2019, the price rose slightly to 36.20 US dollars per kg, before increasing again in 2020 to 42.08 US dollars per kg. The price then dropped again in 2021 to 33.07 US dollars per kg, before rising to 34.10 US dollars per kg in 2022. Based on the data, it is likely that the price of Natural Lac into Japan will continue to fluctuate in the coming years. We predict that the price will increase to around 36.00 US dollars per kg in 2023, and then drop to around 33.00 US dollars per kg in 2024.Export values for Japan natural lac
The total values in export for natural lac in Japan were US$ 241, US$ 326, US$ 239 and US$ 362 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 Japan: 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.
Japan natural lac - Production, Exports, Imports, Seasons and HS Codes
The volume of natural lac shipped by Japan in 2020 was 12 metric tons. In 2019 Japan shipped 10 tonnes of natural lac. In 2019 alone, the demand for Japan natural lac (agro commodities category) has climbed, changing by 42.857 per cent compared to the year 2018. Between 2017 and 2019, natural lac's exports increased by 42.86 pc netting the nation US$0.36m for the year 2019. Japan's natural lac exports are classified as:
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
- Natural lac (HS code 130110)
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Japan natural lac export values
In 2019, Japan exported natural lac valued at 0.36m USD, an increment of 50.63% from 2018's total natural lac export of 0.239m USD. The yearly increase in value of Japan natural lac between 2017 to 2018 was -26.687 percent.
The annual variation in the volume of Japan's natural lac exports between 2017 and 2019 was 42.86 pc in comparison to a variation of 42.857% in the period between 2018 and 2019.
Japan's portion of the world's total natural lac's exports in 2019 was less than 1%. The country is ranked position 27 in world exports of natural lac.
Export markets for Japan natural lac ( in '000$ )
Japan bought 664 tonnes of natural lac in 2019.