What is the price of natural lac per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka natural lac is between US$ 0.84 and US$ 2.55 per kilogram or between US$ 0.38 and US$ 1.16 per pound(lb). Click here to see today's exact prices of natural lac in Sri Lanka
The retail price range in Sri Lanka Rupee for natural lac is between LKR 259.93 and LKR 785.84 per kilogram or between LKR 117.88 and LKR 356.39 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka natural lac is between US$ 0.59 and US$ 1.79 per kilogram or between US$ 0.27 and US$ 0.81 per pound(lb).
Related: Kenya Natural Lac prices, South Africa Natural Lac prices, Malaysia Natural Lac prices, Philippines Natural Lac prices, India Natural Lac prices, United Arab Emirates (UAE) Natural Lac prices, Canada Natural Lac prices, US Natural Lac prices, Australia Natural Lac prices, New Zealand Natural Lac prices, Germany Natural Lac prices, Netherlands Natural Lac prices, Spain Natural Lac prices, United Kingdom (UK) Natural Lac prices,
Price Finder Tool
Search for prices of Sri Lanka natural lac and other products in different countries.
Sri Lanka Natural Lac Export Prices - Historical, Trends and Prediction
The export price of Natural Lac from Sri Lanka has seen a steady decline over the last five years. In 2012, the price per kilogram was 1.10 US dollars, but by 2021, it had dropped to 1.68 US dollars. The lowest price was recorded in 2020, when it was 0.95 US dollars per kilogram. Looking ahead, it is likely that the export price of Natural Lac from Sri Lanka will remain relatively stable, with an estimated price of 1.07 US dollars per kilogram in 2023 and 1.09 US dollars per kilogram in 2024.Sri Lanka Natural Lac Import Prices - Historical, Trends and Prediction
The import price of Natural Lac into Sri Lanka has seen a steady decline over the past five years. In 2012, the price per kilogram was $1.10, and by 2021, it had dropped to $1.07. This represents a decrease of 3.6%. The lowest price was recorded in 2020, when the price per kilogram was $0.95. This was a decrease of 11.4% from the previous year. Looking ahead, it is likely that the price of Natural Lac will remain relatively stable in the next two years, with an estimated price of $1.07 in 2023 and $1.08 in 2024.Export values for Sri Lanka natural lac
The total values in export for natural lac in Sri Lanka were US$ 848, US$ 784, US$ 570 and US$ 482 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 Sri Lanka: 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.
Sri Lanka natural lac - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 365 tonnes of natural lac. Across 2019 alone, the demand for Sri Lanka natural lac (agro commodities category) has reduced, recording a change of -6.41 % compared to the year 2018. Between 2017 and 2019, natural lac's exports decreased by -49.09 percent bringing Sri Lanka US$0.48m for the year 2019. Sri Lanka's natural lac exports are categorised as:
- Lac; natural gums, resins, gum-resins, balsams and other natural oleoresins (excluding gum Arabic) (HS code 130190)
- Natural lac (HS code 130110)
Are you a producer of natural lac or other products?
Sign up today for FREE to buy or sell natural lac.
Sri Lanka natural lac export values
In 2019, Sri Lanka sold natural lac valued at 0.48m USD, a decrease of -15.79% from 2018's total natural lac export of 0.57m USD. The annual change in value of Sri Lanka natural lac between 2017 to 2018 was -27.296 per cent.
The annual/yearly variation in the volume of Sri Lanka's natural lac exports between 2017 and 2019 was -49.09 percent in comparison to a variation of -6.41% in the period between 2018 and 2019.
Sri Lanka's portion of the world's total natural lac's exports in 2019 was less than 1%. The country holds number 20 in world exports of natural lac.
Export markets for Sri Lanka natural lac ( in '000$ )
Sri Lanka brought in 1,022 tonnes of natural lac in 2019.