What is the price of natural lac per kilogram/pound in Namibia today?
The retail price range for Namibia natural lac is between US$ 8.81 and US$ 10.77 per kilogram or between US$ 4.00 and US$ 4.88 per pound(lb). Click here to see today's exact prices of natural lac in Namibia
The retail price range in Rand for natural lac is between NAD 171.15 and NAD 209.19 per kilogram or between NAD 77.62 and NAD 94.87 per pound(lb) in Windhoek and Walvis Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Namibia natural lac is between US$ 6.17 and US$ 7.54 per kilogram or between US$ 2.80 and US$ 3.42 per pound(lb).
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Namibia Natural Lac Export Prices - Historical, Trends and Prediction
The export price of Natural Lac from Namibia has seen a steady decline over the past five years. In 2010, the price was 18.00 US$ per kg, but by 2020, it had dropped to 5.00 US$ per kg. This represents a 72.2% decrease in price. In 2011 and 2012, the price was 9.00 US$ per kg, before increasing slightly to 9.67 US$ per kg in 2013. The price then dropped to 7.29 US$ per kg in 2014 and 7.25 US$ per kg in 2015. The biggest decrease in price occurred in 2016, when the price dropped to 4.00 US$ per kg. The price then increased to 7.00 US$ per kg in 2019, before dropping again to 5.00 US$ per kg in 2020. Based on this trend, it is predicted that the price of Natural Lac from Namibia will be 3.50 US$ per kg in 2023 and 2.50 US$ per kg in 2024.Namibia Natural Lac Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Lac into Namibia has seen a steady decline over the past five years. In 2016, the price was at its lowest point of $4.00, before increasing to $7.00 in 2019. This year, the price has dropped again to $5.00. Looking ahead, it is likely that the price of Natural Lac will remain around the $5.00 mark in the next few years, with a slight increase to $5.50 in 2023 and a further increase to $6.00 in 2024.Export values for Namibia natural lac
Prices of other produce in the Agro Commodities category in Namibia: 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.
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