What is the price of grape spirit per kilogram/pound in Armenia today?
The retail price range for Armenia grape spirit is between US$ 3.69 and US$ 32.06 per kilogram or between US$ 1.67 and US$ 14.54 per pound(lb). Click here to see today's exact prices of grape spirit in Armenia
The retail price range in Armenian Dram for grape spirit is between AMD 1,425.37 and AMD 12,378.19 per kilogram or between AMD 646.42 and AMD 5,613.69 per pound(lb) in Yerevan and Gyumri.
Wholesale prices
In 2024, the approximate wholesale price range for Armenia grape spirit is between US$ 2.58 and US$ 22.44 per kilogram or between US$ 1.17 and US$ 10.18 per pound(lb).
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Armenia Grape Spirit Export Prices - Historical, Trends and Prediction
The export price per kilogram of Grape Spirit from Armenia has seen a steady decline over the last five years. In 2021, the price was 2.62 US dollars per kilogram, down from 3.9 US dollars per kilogram in 2012. The lowest price was recorded in 2020, when it was 2.39 US dollars per kilogram. The price has since increased slightly to 2.62 US dollars per kilogram in 2021. Based on this trend, it is likely that the export price per kilogram of Grape Spirit from Armenia will be around 2.50 US dollars in 2023 and 2.40 US dollars in 2024.Armenia Grape Spirit Import Prices - Historical, Trends and Prediction
The import price per kilogram of Grape Spirit into Armenia has seen a steady decline over the past five years. In 2016, the price was 2.98 US dollars per kg, and in 2021, it had dropped to 2.62 US dollars per kg. This represents a decrease of 12.4% over the five-year period. The lowest price was recorded in 2020, when the import price was 2.39 US dollars per kg. This was a decrease of 19.2% from the 2016 price. Looking ahead, we can predict that the import price of Grape Spirit into Armenia will remain relatively stable, with an estimated price of 2.60 US dollars per kg in 2023 and 2.55 US dollars per kg in 2024.Export values for Armenia grape spirit
The total values in export for grape spirit in Armenia were US$ 142,899, US$ 199,930, US$ 192,830 and US$ 246,241 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Armenia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of grape spirit in other countries across Asia: Kazakhstan grape spirit, Kyrgyzstan grape spirit, Tajikistan grape spirit, Turkmenistan grape spirit, Uzbekistan grape spirit, China grape spirit, Hong Kong grape spirit, Macao grape spirit, North Korea grape spirit & Mongolia grape spirit.
Armenia grape spirit - Production, Exports, Imports, Seasons and HS Codes
In 2019 Armenia shipped 89,515 tonnes of grape spirit. For 2019 alone, the market for Armenia grape spirit (processed category) has escalated, changing by 26.51 percent compared to the year 2018. Between 2017 and 2019, grape spirit's exports went up by 31.07% earning the country US$246.24m for the year 2019. Armenia's grape spirit exports are classified as:
- Spirits obtained by distilling grape wine or grape marc (HS code 220820)
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Armenia grape spirit export values
In 2019, Armenia exported grape spirit costing 246.24m USD, an increment of 27.70% from 2018's total grape spirit export of 192.83m USD. The annual growth in value of Armenia grape spirit between 2017 to 2018 was -3.551%.
The annual/yearly change in the amount of Armenia's grape spirit exports between 2017 and 2019 was 31.07% in comparison to a variation of 26.51% in the period between 2018 and 2019.
Export markets for Armenia grape spirit ( in '000$ )
Armenia brought in 4,093 tonnes of grape spirit in 2019.