What is the price of natural lac per kilogram/pound in Kyrgyzstan today?
The retail price range for Kyrgyzstan natural lac is between US$ 4.00 and US$ 8.73 per kilogram or between US$ 1.82 and US$ 3.96 per pound(lb). Click here to see today's exact prices of natural lac in Kyrgyzstan
The retail price range in Som for natural lac is between KGS 350.56 and KGS 764.09 per kilogram or between KGS 158.98 and KGS 346.52 per pound(lb) in Bishkek and Osh.
Wholesale prices
In 2024, the approximate wholesale price range for Kyrgyzstan natural lac is between US$ 2.80 and US$ 6.11 per kilogram or between US$ 1.27 and US$ 2.77 per pound(lb).
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Kyrgyzstan Natural Lac Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Lac from Kyrgyzstan has seen a significant fluctuation over the last five years. In 2013, the price was 1.50 US dollars per kg, which increased to 54.00 US dollars per kg in 2014. In 2015, the price rose to 65.00 US dollars per kg, and then further increased to 83.00 US dollars per kg in 2016. However, in 2017, the price dropped to 35.75 US dollars per kg, and then decreased further to 32.50 US dollars per kg in 2018. In 2019, the price dropped to 27.33 US dollars per kg, and then increased to 83.00 US dollars per kg in 2020. In 2021, the price dropped to 16.27 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Natural Lac from Kyrgyzstan will be around 14.00 US dollars per kg in 2023 and 16.00 US dollars per kg in 2024.Kyrgyzstan Natural Lac Import Prices - Historical, Trends and Prediction
The import price of Natural Lac into Kyrgyzstan has seen a significant fluctuation over the past five years. In 2013, the price was 1.50 US$ per kg, which increased to 54.00 US$ per kg in 2014. This was followed by a further increase to 65.00 US$ per kg in 2015. In 2016, the price rose to 83.00 US$ per kg, before dropping to 35.75 US$ per kg in 2017. The price then decreased further to 32.50 US$ per kg in 2018 and 27.33 US$ per kg in 2019. In 2020, the price rose again to 83.00 US$ per kg, before dropping to 16.27 US$ per kg in 2021. Based on the data, it is likely that the price of Natural Lac into Kyrgyzstan will remain relatively stable in the next two years. We predict that the price will be around 16.27 US$ per kg in 2023 and 2024.Export values for Kyrgyzstan natural lac
The total values in export for natural lac in Kyrgyzstan were US$ 83, US$ 143, US$ 130 and US$ 164 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 Kyrgyzstan: 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.
Kyrgyzstan natural lac - Production, Exports, Imports, Seasons and HS Codes
The volume of natural lac sold by Kyrgyzstan in 2020 was 1 metric tonnes. In 2019 Kyrgyzstan shipped 6 tonnes of natural lac. For 2019 alone, the market for Kyrgyzstan natural lac (agro commodities category) has improved, with a change of 50 percent compared to the year 2018. Between 2017 and 2019, natural lac's exports grew by 50% bringing the exporter US$0.16m for the year 2019. Kyrgyzstan's natural lac exports are classified as:
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
- Natural lac (HS code 130110)
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Kyrgyzstan natural lac export values
In 2019, Kyrgyzstan sold natural lac worth 0.16m USD, an increase of 23.08% from 2018's total natural lac export of 0.13m USD. The yearly change in value of Kyrgyzstan natural lac between 2017 to 2018 was -9.091%.
The per year change in the quantity of Kyrgyzstan's natural lac exports between 2017 and 2019 was 50% when compared to a variation of 50% in the growth rate between 2018 and 2019.
Export markets for Kyrgyzstan natural lac ( in '000$ )
Kyrgyzstan procured 8 tonnes of natural lac in 2019.