What is the price of natural lac per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan natural lac is between US$ 2.60 and US$ 13.86 per kilogram or between US$ 1.18 and US$ 6.29 per pound(lb). Click here to see today's exact prices of natural lac in Kazakhstan
The retail price range in Tenge for natural lac is between KZT 1,165.24 and KZT 6,214.60 per kilogram or between KZT 528.45 and KZT 2,818.41 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan natural lac is between US$ 1.82 and US$ 9.70 per kilogram or between US$ 0.82 and US$ 4.40 per pound(lb).
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Kazakhstan Natural Lac Export Prices - Historical, Trends and Prediction
The export price of Natural Lac from Kazakhstan has seen a steady increase over the last five years. In 2017, the price per kilogram was 2.20 US dollars, and in 2021 it had risen to 5.08 US dollars. This represents an increase of over 130%. In 2020, the price was 3.11 US dollars, and in 2021 it had risen to 5.08 US dollars, an increase of over 63%. Looking ahead, it is likely that the export price of Natural Lac from Kazakhstan will continue to rise, with an estimated price of 6.21 US dollars in 2023 and 7.34 US dollars in 2024.Kazakhstan Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Kazakhstan has seen a steady increase over the past five years. In 2017, the price was 2.20 US dollars per kg, and by 2021, it had risen to 5.08 US dollars per kg. This represents an increase of over 130% in just four years. The highest price was recorded in 2021, when the price was 5.08 US dollars per kg. The lowest price was recorded in 2013, when the price was 2.04 US dollars per kg. Based on the current trend, it is predicted that the price of Natural Lac in 2023 will be around 6.20 US dollars per kg, and in 2024, it will be around 7.50 US dollars per kg.Export values for Kazakhstan natural lac
The total values in export for natural lac in Kazakhstan were US$ 458, US$ 697, US$ 214 and US$ 274 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 Kazakhstan: 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.
Kazakhstan natural lac - Production, Exports, Imports, Seasons and HS Codes
The amount of natural lac exported by Kazakhstan in 2020 was 45 tons. In 2019 Kazakhstan sold 106 tonnes of natural lac. For 2019 alone, the demand for Kazakhstan natural lac (agro commodities category) has climbed, flactuating by 20.455 per cent compared to the year 2018. Between 2017 and 2019, natural lac's exports decreased by -66.56 percent earning the nation US$0.27m for the year 2019. Kazakhstan's natural lac exports are classified as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Kazakhstan natural lac export values
In 2019, Kazakhstan supplied natural lac valued at 0.27m USD, an increase of 26.17% from 2018's total natural lac export of 0.214m USD. The annual change in value of Kazakhstan natural lac between 2017 to 2018 was -69.297 pc.
The annual/yearly variation in the quantity of Kazakhstan's natural lac exports between 2017 and 2019 was -66.56 per cent in comparison to a variation of 20.455% in the period between 2018 and 2019.
Export markets for Kazakhstan natural lac ( in '000$ )
Kazakhstan bought 271 tonnes of natural lac in 2019.