What is the price of grape spirit per kilogram/pound in Cyprus today?
The retail price range for Cyprus grape spirit is between US$ 12.72 and US$ 24.47 per kilogram or between US$ 5.77 and US$ 11.10 per pound(lb). Click here to see today's exact prices of grape spirit in Cyprus
The retail price range in Euro for grape spirit is between EUR 11.75 and EUR 22.61 per kilogram or between EUR 5.33 and EUR 10.25 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus grape spirit is between US$ 8.90 and US$ 17.13 per kilogram or between US$ 4.04 and US$ 7.77 per pound(lb).
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Cyprus Grape Spirit Export Prices - Historical, Trends and Prediction
The export price of Grape Spirit from Cyprus over the last five years has been quite volatile. In 2012, the price per kilogram was 3.81 US dollars, which increased to 7.61 US dollars in 2013. This was followed by a sharp rise to 10.51 US dollars in 2014, and then a further increase to 11.59 US dollars in 2015. However, the price dropped to 10.98 US dollars in 2016 and then to 10.42 US dollars in 2017. The price then decreased again to 7.29 US dollars in 2018, before rising to 8.01 US dollars in 2020 and then to 7.79 US dollars in 2021. The latest data shows that the price per kilogram of Grape Spirit from Cyprus is 7.21 US dollars in 2022. Based on the current trend, it is likely that the price will remain around the same level in 2023 and 2024.Cyprus Grape Spirit Import Prices - Historical, Trends and Prediction
The import price per kilogram of Grape Spirit into Cyprus has seen a fluctuating trend over the last five years. In 2012, the price was 3.81 US dollars per kg, which increased to 7.61 US dollars per kg in 2013. This was followed by a further increase to 10.51 US dollars per kg in 2014. The price then peaked in 2015 at 11.59 US dollars per kg before dropping to 10.98 US dollars per kg in 2016. The price then continued to decline to 10.42 US dollars per kg in 2017 and 7.29 US dollars per kg in 2018. However, the price has seen an upward trend in the last two years, with 8.01 US dollars per kg in 2020 and 7.79 US dollars per kg in 2021. The latest data shows that the import price per kilogram of Grape Spirit into Cyprus is 7.21 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Grape Spirit into Cyprus will remain relatively stable in the next two years, with an estimated price of 7.15 US dollars per kg in 2023 and 7.09 US dollars per kg in 2024.Export values for Cyprus grape spirit
The total values in export for grape spirit in Cyprus were US$ 636, US$ 1,042, US$ 423 and US$ 1,137 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 grape spirit in other countries across Middle East: Bahrain grape spirit, Cyprus grape spirit, Iraq grape spirit, Israel grape spirit, Jordan grape spirit, Kuwait grape spirit, Lebanon grape spirit, Palestine grape spirit, Oman grape spirit & Qatar grape spirit.
Cyprus grape spirit - Production, Exports, Imports, Seasons and HS Codes
The volume of grape spirit sold by Cyprus in 2020 was 71 metric tons. In 2019 Cyprus shipped 65 tonnes of grape spirit. For the year 2019 alone, the interest in Cyprus grape spirit (processed category) has improved, with a change of 12.069 % compared to the year 2018. Between 2017 and 2019, grape spirit's exports went down by -35 pc netting the nation US$1.14m for the year 2019. Cyprus' grape spirit exports are classified as:
- Spirits obtained by distilling grape wine or grape marc (HS code 220820)
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Cyprus grape spirit export values
In 2019, Cyprus supplied grape spirit with a value of 1.14m USD, an improvement of 169.50% from 2018's total grape spirit export of 0.423m USD. The annual change in value of Cyprus grape spirit between 2017 to 2018 was -59.405 per cent.
The yearly variation in the quantity of Cyprus' grape spirit exports between 2017 and 2019 was -35% in comparison to a variation of 12.069% in the period between 2018 and 2019.
Export markets for Cyprus grape spirit ( in '000$ )
Cyprus brought in 284 tonnes of grape spirit in 2019.