What is the price of rum per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic rum is between US$ 3.82 and US$ 11.47 per kilogram or between US$ 1.73 and US$ 5.20 per pound(lb). Click here to see today's exact prices of rum in Dominican Republic
The retail price range in Dominican peso for rum is between DOP 208.21 and DOP 625.66 per kilogram or between DOP 94.42 and DOP 283.75 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic rum is between US$ 2.67 and US$ 8.03 per kilogram or between US$ 1.21 and US$ 3.64 per pound(lb).
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Dominican Republic Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Dominican Republic over the last five years has seen a steady increase. In 2016, the price was 2.67 US$ per kg, and by 2021, it had risen to 3.04 US$ per kg. This represents an increase of 13.7% over the five-year period. Looking ahead, we can predict that the export price of Rum from Dominican Republic will continue to rise, reaching 3.17 US$ per kg in 2023 and 3.30 US$ per kg in 2024.Dominican Republic Rum Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rum into Dominican Republic over the last five years has been steadily increasing. In 2017, the price was 2.74 US dollars per kg, and in 2021, the price had risen to 3.04 US dollars per kg. This represents an increase of 10.6% over the five year period. Looking ahead, we can predict that the import price per kilogram of Rum into Dominican Republic will continue to rise, reaching 3.14 US dollars per kg in 2023 and 3.24 US dollars per kg in 2024.Export values for Dominican Republic rum
The total values in export for rum in the Dominican Republic were US$ 74,774, US$ 73,868, US$ 80,566 and US$ 87,596 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Dominican Republic: 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.
Dominican Republic rum - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic shipped 30,476 tonnes of rum. Through 2019 alone, the demand for the Dominican Republic rum (processed category) has gone up, flactuating by 4.793 % compared to the year 2018. Between 2017 and 2019, rum's exports went up by 12.92 percent bringing the Dominican Republic US$87.60m for the year 2019. the Dominican Republic's rum exports are categorised as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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Dominican Republic rum export values
In 2019, the Dominican Republic shipped rum valued at 87.60m USD, an improvement of 8.73% from 2018's total rum export of 80.566m USD. The yearly change in value of the Dominican Republic rum between 2017 to 2018 was 9.068 per cent.
The annual change in the volume of the Dominican Republic's rum exports between 2017 and 2019 was 12.92 pc when compared to a variation of 4.793% in the growth rate between 2018 and 2019.
Export markets for Dominican Republic rum ( in '000$ )
the Dominican Republic ordered 4,704 tonnes of rum in 2019.