What is the price of rum per kilogram/pound in Aruba today?
The retail price range for Aruba rum is between US$ 36.55 and US$ 71.04 per kilogram or between US$ 16.58 and US$ 32.22 per pound(lb). Click here to see today's exact prices of rum in Aruba
The retail price range in Aruban Florin for rum is between AWG 65.43 and AWG 127.17 per kilogram or between AWG 29.67 and AWG 57.67 per pound(lb) in Oranjestad and Tanki Leendert .
Wholesale prices
In 2024, the approximate wholesale price range for Aruba rum is between US$ 25.59 and US$ 49.73 per kilogram or between US$ 11.60 and US$ 22.55 per pound(lb).
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Aruba Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Aruba over the last five years has seen a steady increase. In 2017, the price was 6.89 US$ per kg, followed by 6.00 US$ per kg in 2018. In 2019, the price jumped to 12.71 US$ per kg, and in 2020, it decreased to 9.35 US$ per kg. In 2021, the price rose again to 11.38 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Rum from Aruba in 2023 will be around 13.50 US$ per kg and in 2024, it will be around 15.00 US$ per kg.Aruba Rum Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rum into Aruba over the last five years has been quite volatile. In 2016, the price was 6.00 US dollars per kg, followed by a sharp increase to 6.89 US dollars per kg in 2017. This was followed by a decrease to 6.00 US dollars per kg in 2018, before a significant jump to 12.71 US dollars per kg in 2019. The price then dropped to 9.35 US dollars per kg in 2020, before rising again to 11.38 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Rum into Aruba will be around 13.50 US dollars per kg in 2023 and 14.50 US dollars per kg in 2024.Export values for Aruba rum
The total values in export for rum in Aruba were US$ 192, US$ 124, US$ 96 and US$ 89 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Aruba: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of rum in other countries across Caribbean: Aruba rum, Bahamas rum, Barbados rum, Cuba rum, Dominican Republic rum, Grenada rum, Guadeloupe rum, Haiti rum, Jamaica rum & Martinique rum.
Aruba rum - Production, Exports, Imports, Seasons and HS Codes
In 2019 Aruba sold 7 tonnes of rum. Across 2019 alone, the interest in Aruba rum (processed category) has gone down, with a change of -56.25 per cent compared to the year 2018. Between 2017 and 2019, rum's exports reduced by -61.11 percent netting the country US$0.09m for the year 2019. Aruba's rum exports are classified as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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Aruba rum export values
In 2019, Aruba sold rum worth 0.09m USD, a contraction of -6.25% from 2018's total rum export of 0.096m USD. The yearly change in value of Aruba rum between 2017 to 2018 was -22.581 pc.
The annual change in the quantity of Aruba's rum exports between 2017 and 2019 was -61.11 percent when compared to a variation of -56.25% in the growth rate between 2018 and 2019.
Export markets for Aruba rum ( in '000$ )
Aruba imported 233 tonnes of rum in 2019.