What is the price of rum per kilogram/pound in Ghana today?
The retail price range for Ghana rum is between US$ 8.63 and US$ 28.76 per kilogram or between US$ 3.91 and US$ 13.04 per pound(lb). Click here to see today's exact prices of rum in Ghana
The retail price range in Ghana Cedi for rum is between GHS 92.79 and GHS 309.29 per kilogram or between GHS 42.08 and GHS 140.27 per pound(lb) in Accra and Kumasi.
Wholesale prices
In 2024, the approximate wholesale price range for Ghana rum is between US$ 6.04 and US$ 20.13 per kilogram or between US$ 2.74 and US$ 9.13 per pound(lb).
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Ghana Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Ghana has seen a significant fluctuation over the past five years. In 2013, the price was 0.25 US dollars per kg, which increased to 1.85 US dollars per kg in 2014. This was followed by a sharp rise to 3.21 US dollars per kg in 2015. However, the price dropped to 3.04 US dollars per kg in 2016 and further decreased to 2.44 US dollars per kg in 2017. In 2018, the price rose to 2.84 US dollars per kg and then dropped to 1.11 US dollars per kg in 2019. The export price per kilogram of Rum from Ghana was 0.00 US dollars per kg in 2020. Based on this data, it is predicted that the export price per kilogram of Rum from Ghana will be 0.90 US dollars per kg in 2023 and 1.20 US dollars per kg in 2024.Ghana Rum Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rum into Ghana has seen a significant fluctuation over the past five years. In 2013, the price was 0.25 US dollars per kg, which increased to 1.85 US dollars per kg in 2014. This was followed by a sharp rise to 3.21 US dollars per kg in 2015. However, the price dropped to 3.04 US dollars per kg in 2016 and further decreased to 2.44 US dollars per kg in 2017. In 2018, the price rose to 2.84 US dollars per kg and then dropped to 1.11 US dollars per kg in 2019. The price has remained at 0.00 US dollars per kg in 2020. Based on this trend, it is predicted that the import price per kilogram of Rum into Ghana will be 0.90 US dollars per kg in 2023 and 1.20 US dollars per kg in 2024.Export values for Ghana rum
The total values in export for rum in Ghana were US$ 286, US$ 1,760, US$ 1,211 and US$ 128 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Ghana: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of rum in other countries across Africa: Algeria rum, Angola rum, Botswana rum, Burundi rum, Cameroon rum, Cape Verde rum, Central African Republic rum, Comoros rum, DRC Congo rum & Benin rum.
Ghana rum - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ghana shipped 115 tonnes of rum. Through 2019 alone, the interest in Ghana rum (processed category) has shrunk, with a change of -73.005 percent compared to the year 2018. Between 2017 and 2019, rum's exports went down by -84.05 percent earning Ghana US$0.13m for the year 2019. Ghana's rum exports are categorised as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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Ghana rum export values
In 2019, Ghana sold rum valued at 0.13m USD, a drop of -89.27% from 2018's total rum export of 1.211m USD. The yearly change in value of Ghana rum between 2017 to 2018 was -31.193 per cent.
The annual/yearly variation in the amount of Ghana's rum exports between 2017 and 2019 was -84.05 percent in comparison to a variation of -73.005% in the period between 2018 and 2019.
Export markets for Ghana rum ( in '000$ )
Ghana procured 895 tonnes of rum in 2019.