What is the price of rum per kilogram/pound in India today?
The retail price range for India rum is between US$ 22.99 and US$ 44.77 per kilogram or between US$ 10.43 and US$ 20.30 per pound(lb). Click here to see today's exact prices of rum in India
The retail price range in Indian Rupee for rum is between INR 1,904.56 and INR 3,709.22 per kilogram or between INR 863.75 and INR 1,682.19 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India rum is between US$ 16.09 and US$ 31.34 per kilogram or between US$ 7.30 and US$ 14.21 per pound(lb).
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India Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from India over the last five years has seen a steady decline. In 2017, the price was 2.11 US dollars per kg, followed by 1.71 US dollars per kg in 2018. In 2019, the price rose slightly to 1.75 US dollars per kg, before dropping to 1.7 US dollars per kg in 2020 and 1.55 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Rum from India will be 1.50 US dollars per kg in 2023 and 1.45 US dollars per kg in 2024.India Rum Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rum into India has seen a steady decline over the past five years. In 2016, the price was 2.49 US dollars per kg, and this decreased to 2.11 US dollars per kg in 2017. In 2018, the price dropped further to 1.71 US dollars per kg, and in 2019, it was 1.75 US dollars per kg. The price has continued to decrease, with 2020 seeing a price of 1.7 US dollars per kg and 2021 seeing a price of 1.55 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Rum into India in 2023 will be 1.45 US dollars per kg, and in 2024, it will be 1.30 US dollars per kg.Export values for India rum
The total values in export for rum in India were US$ 7,988, US$ 8,524, US$ 9,384 and US$ 12,459 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of rum in other countries across Asia: Kazakhstan rum, Kyrgyzstan rum, Tajikistan rum, Turkmenistan rum, Uzbekistan rum, China rum, Hong Kong rum, Macao rum, North Korea rum & Mongolia rum.
India rum - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 7,136 tonnes of rum. For 2019 alone, the interest in India rum (processed category) has increased, changing by 29.982 % compared to the year 2018. Between 2017 and 2019, rum's exports increased by 76.37 percent earning India US$12.46m for the year 2019. India's rum exports are classified as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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India rum export values
In 2019, India exported rum valued at 12.46m USD, a growth of 32.78% from 2018's total rum export of 9.384m USD. The yearly growth in value of India rum between 2017 to 2018 was 10.089 percent.
The annual/yearly change in the quantity of India's rum exports between 2017 and 2019 was 76.37 per cent when compared to a variation of 29.982% in the growth rate between 2018 and 2019.
Export markets for India rum ( in '000$ )
India brought in 7,136 tonnes of rum in 2019.