What is the price of natural lac per kilogram/pound in Mali today?
The retail price range for Mali natural lac is between US$ 5.86 and US$ 15.63 per kilogram or between US$ 2.66 and US$ 7.09 per pound(lb). Click here to see today's exact prices of natural lac in Mali
The retail price range in CFA Franc BCEAO for natural lac is between XOF 3,573.29 and XOF 9,528.78 per kilogram or between XOF 1,620.54 and XOF 4,321.44 per pound(lb) in Bamako and Sikasso.
Wholesale prices
In 2024, the approximate wholesale price range for Mali natural lac is between US$ 4.10 and US$ 10.94 per kilogram or between US$ 1.86 and US$ 4.96 per pound(lb).
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Mali Natural Lac Export Prices - Historical, Trends and Prediction
The export price of Natural Lac from Mali has seen a steady decline over the past five years. In 2010, the price per kilogram was 1.50 US dollars, but by 2021, it had dropped to 0.00 US dollars. In 2011, the price was 0.85 US dollars, followed by 0.67 US dollars in 2012. In 2016, the price was 0.31 US dollars, and it increased slightly to 0.33 US dollars in 2017. The price then rose to 0.47 US dollars in 2018, before dropping back to 0.31 US dollars in 2019. Based on this trend, it is likely that the export price of Natural Lac from Mali will remain at 0.00 US dollars in 2023 and 2024.Mali Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Mali over the last five years has been relatively stable. In 2016, the price was 0.31 US$ per kg, which increased to 0.33 US$ per kg in 2017. In 2018, the price rose to 0.47 US$ per kg, before dropping back to 0.31 US$ per kg in 2019. Unfortunately, the price dropped to 0.00 US$ per kg in 2020 and 2021. Based on this data, it is likely that the import price per kilogram of Natural Lac into Mali will remain at 0.00 US$ per kg in 2023 and 2024.Export values for Mali natural lac
The total values in export for natural lac in Mali were US$ 343, US$ 1,011, US$ 949 and US$ 794 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 Mali: 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 Africa: Algeria natural lac, Angola natural lac, Botswana natural lac, Burundi natural lac, Cameroon natural lac, Cape Verde natural lac, Central African Republic natural lac, Comoros natural lac, DRC Congo natural lac & Benin natural lac.
Mali natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mali exported 2,524 tonnes of natural lac. In 2019 alone, the interest in Mali natural lac (agro commodities category) has escalated, changing by 25.198 pc compared to the year 2018. Between 2017 and 2019, natural lac's exports went down by -18.79 pc bringing the nation US$0.79m for the year 2019. Mali's natural lac exports are categorised as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Mali natural lac export values
In 2019, Mali shipped natural lac valued at 0.79m USD, a contraction of -16.75% from 2018's total natural lac export of 0.949m USD. The annual change in value of Mali natural lac between 2017 to 2018 was -6.133%.
The annual/yearly change in the volume of Mali's natural lac exports between 2017 and 2019 was -18.79 percent when compared to a variation of 25.198% in the growth rate between 2018 and 2019.
Export markets for Mali natural lac ( in '000$ )
Mali procured 5 tonnes of natural lac in 2019.