What is the price of gin per kilogram/pound in Cyprus today?
The retail price range for Cyprus gin is between US$ 18.27 and US$ 76.30 per kilogram or between US$ 8.29 and US$ 34.60 per pound(lb). Click here to see today's exact prices of gin in Cyprus
The retail price range in Euro for gin is between EUR 16.88 and EUR 70.50 per kilogram or between EUR 7.66 and EUR 31.97 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus gin is between US$ 12.79 and US$ 53.41 per kilogram or between US$ 5.80 and US$ 24.22 per pound(lb).
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Cyprus Gin Export Prices - Historical, Trends and Prediction
The export price per kilogram of Gin from Cyprus over the last five years has been quite varied. In 2017, the price was 5.65 US$ per kg, followed by a slight increase to 6.38 US$ per kg in 2018. In 2019, the price rose to 6.73 US$ per kg and then jumped to 7.68 US$ per kg in 2020. The price then dropped to 6.60 US$ per kg in 2021 before reaching its highest point of 10.71 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Gin from Cyprus in 2023 will be around 8.77 US$ per kg and in 2024 it will be around 9.74 US$ per kg.Cyprus Gin Import Prices - Historical, Trends and Prediction
The import price per kilogram of Gin into Cyprus over the last five years has been relatively stable. In 2017, the price was 5.65 US dollars per kg, followed by 6.38 US dollars per kg in 2018. In 2019, the price increased to 6.73 US dollars per kg and then to 7.68 US dollars per kg in 2020. The price then decreased to 6.60 US dollars per kg in 2021 and then increased again to 10.71 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Gin into Cyprus in 2023 will be around 8.76 US dollars per kg and in 2024 it will be around 9.82 US dollars per kg.Export values for Cyprus gin
The total values in export for gin in Cyprus were US$ 844, US$ 520, US$ 357 and US$ 592 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cyprus: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of gin in other countries across Middle East: Bahrain gin, Cyprus gin, Iraq gin, Israel gin, Jordan gin, Kuwait gin, Lebanon gin, Palestine gin, Oman gin & Qatar gin.
Cyprus gin - Production, Exports, Imports, Seasons and HS Codes
The amount of gin sold by Cyprus in 2020 was 112 tons. In 2019 Cyprus shipped 88 tonnes of gin. For 2019 alone, the demand for Cyprus gin (processed category) has improved, recording a change of 57.143 % compared to the year 2018. Between 2017 and 2019, gin's exports went down by -4.35 pc bringing the exporter US$0.59m for the year 2019. Cyprus' gin exports are classified as:
- Gin and Geneva (HS code 220850)
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Cyprus gin export values
In 2019, Cyprus supplied gin with a value of 0.59m USD, a growth of 65.27% from 2018's total gin export of 0.357m USD. The yearly increase in value of Cyprus gin between 2017 to 2018 was -31.346%.
The yearly variation in the volume of Cyprus' gin exports between 2017 and 2019 was -4.35 per cent when compared to a variation of 57.143% in the growth rate between 2018 and 2019.
Export markets for Cyprus gin ( in '000$ )
Cyprus purchased 706 tonnes of gin in 2019.