What is the price of natural lac per kilogram/pound in Pakistan today?
The retail price range for Pakistan natural lac is between US$ 2.56 and US$ 5.36 per kilogram or between US$ 1.16 and US$ 2.43 per pound(lb). Click here to see today's exact prices of natural lac in Pakistan
The retail price range in Pakistan Rupee for natural lac is between PKR 730.34 and PKR 1,531.53 per kilogram or between PKR 331.22 and PKR 694.57 per pound(lb) in Islamabad and Lahore.
Wholesale prices
In 2024, the approximate wholesale price range for Pakistan natural lac is between US$ 1.79 and US$ 3.75 per kilogram or between US$ 0.81 and US$ 1.70 per pound(lb).
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Pakistan Natural Lac Export Prices - Historical, Trends and Prediction
The export price of Natural Lac from Pakistan has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Natural Lac from Pakistan was $3.05 in 2022. This represents an increase of 24.5% from 2018 to 2022. Based on this trend, it is likely that the export price per kilogram of Natural Lac from Pakistan will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.Pakistan Natural Lac Import Prices - Historical, Trends and Prediction
The import price of Natural Lac into Pakistan has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that the import price per kilogram of Natural Lac into Pakistan was $3.80 in 2022. Overall, the import price of Natural Lac into Pakistan has increased by 52% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Natural Lac into Pakistan will reach $4.20 in 2023 and $4.60 in 2024.Export values for Pakistan natural lac
The total values in export for natural lac in Pakistan were US$ 333, US$ 767, US$ 267 and US$ 786 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 Pakistan: 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.
Pakistan natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 Pakistan shipped 426 tonnes of natural lac. For 2019 alone, the interest in Pakistan natural lac (agro commodities category) has climbed, flactuating by 90.179 pc compared to the year 2018. Between 2017 and 2019, natural lac's exports went down by -15.64% earning the country US$0.79m for the year 2019. Pakistan's natural lac exports are classified as:
- Natural lac (HS code 130110)
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
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Pakistan natural lac export values
In 2019, Pakistan exported natural lac valued at 0.79m USD, an increment of 195.88% from 2018's total natural lac export of 0.267m USD. The annual change in value of Pakistan natural lac between 2017 to 2018 was -65.189%.
The yearly variation in the volume of Pakistan's natural lac exports between 2017 and 2019 was -15.64% when compared to a variation of 90.179% in the growth rate between 2018 and 2019.
Export markets for Pakistan natural lac ( in '000$ )
Pakistan brought in 2,289 tonnes of natural lac in 2019.