What is the price of rum per kilogram/pound in Norway today?
The retail price range for Norway rum is between US$ 4.84 and US$ 7.65 per kilogram or between US$ 2.19 and US$ 3.47 per pound(lb). Click here to see today's exact prices of rum in Norway
The retail price range in Norwegian Krone for rum is between NOK 52.96 and NOK 83.79 per kilogram or between NOK 24.02 and NOK 38.00 per pound(lb) in Oslo and Bergen.
Wholesale prices
In 2024, the approximate wholesale price range for Norway rum is between US$ 3.39 and US$ 5.36 per kilogram or between US$ 1.54 and US$ 2.43 per pound(lb).
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Norway Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Norway over the last five years has been quite varied. In 2017, the price was 15.62 US dollars per kg, followed by a significant increase to 22.16 US dollars per kg in 2018. In 2019, the price dropped to 7.51 US dollars per kg, before rising again to 13.45 US dollars per kg in 2020. The most recent year, 2021, saw a slight decrease to 12.56 US dollars per kg. Based on this data, it is likely that the export price of Rum from Norway will remain relatively stable in the next two years, with an estimated price of 12.56 US dollars per kg in 2023 and 2024.Norway Rum Import Prices - Historical, Trends and Prediction
Export values for Norway rum
The total values in export for rum in Norway were US$ 80, US$ 54, US$ 125 and US$ 554 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Norway: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of rum in other countries across Europe: Georgia rum, Albania rum, Belarus rum, Bosnia and Herzegovina rum, Bulgaria rum, Croatia rum, Czech Republic rum, Estonia rum, Greece rum & Hungary rum.
Norway rum - Production, Exports, Imports, Seasons and HS Codes
The amount of rum exported by Norway in 2020 was 64 tons. In 2019 Norway sold 70 tonnes of rum. In 2019 alone, the market for Norway rum (processed category) has improved, with a change of 180 per cent compared to the year 2018. Between 2017 and 2019, rum's exports increased by 775% earning the nation US$0.55m for the year 2019. Norway's rum exports are categorised as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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Norway rum export values
In 2019, Norway supplied rum with a value of 0.55m USD, a growth of 340.00% from 2018's total rum export of 0.125m USD. The annual growth in value of Norway rum between 2017 to 2018 was 131.481%.
The annual variation in the amount of Norway's rum exports between 2017 and 2019 was 775 per cent when compared to a variation of 180% in the growth rate between 2018 and 2019.
Export markets for Norway rum ( in '000$ )
Norway bought 629 tonnes of rum in 2019.