What is the price of rum per kilogram/pound in Rwanda today?
The retail price range for Rwanda rum is between US$ 11.52 and US$ 16.62 per kilogram or between US$ 5.22 and US$ 7.54 per pound(lb). Click here to see today's exact prices of rum in Rwanda
The retail price range in Rwanda Franc for rum is between RWF 12,943.48 and RWF 18,671.66 per kilogram or between RWF 5,870.06 and RWF 8,467.87 per pound(lb) in Kigali and Musanze.
Wholesale prices
In 2024, the approximate wholesale price range for Rwanda rum is between US$ 8.06 and US$ 11.63 per kilogram or between US$ 3.66 and US$ 5.28 per pound(lb).
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Rwanda Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Rwanda has seen a steady decline over the past five years. In 2014, the price was 4.00 US dollars per kg, while in 2018 it was 1.62 US dollars per kg. In 2019, the price dropped to 0.92 US dollars per kg, and in 2020 it decreased further to 0.76 US dollars per kg. The most recent data from 2021 shows that the price has dropped to 0.69 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Rum from Rwanda will continue to decrease in the coming years. We can predict that the price in 2023 will be around 0.62 US dollars per kg, and in 2024 it will be around 0.55 US dollars per kg.Rwanda Rum Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rum into Rwanda over the last five years has seen a steady decline. In 2014, the price was 4.00 US dollars per kg, which dropped to 5.00 US dollars per kg in 2015. This was followed by a further decrease to 2.50 US dollars per kg in 2016 and 1.50 US dollars per kg in 2017. The price then increased slightly to 1.62 US dollars per kg in 2018, before dropping to 0.92 US dollars per kg in 2019 and 0.76 US dollars per kg in 2020. The most recent data shows that the price has decreased further to 0.69 US dollars per kg in 2021. Based on this trend, it is likely that the price of Rum imported into Rwanda will continue to decrease in the coming years, with an estimated price of 0.62 US dollars per kg in 2023 and 0.55 US dollars per kg in 2024.Export values for Rwanda rum
The total values in export for rum in Rwanda were US$ 80, US$ 288, US$ 336 and US$ 192 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Rwanda: 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.
Rwanda rum - Production, Exports, Imports, Seasons and HS Codes
In 2019 Rwanda shipped 208 tonnes of rum. Across 2019 alone, the interest in Rwanda rum (processed category) has been steady, with a change of 0 percent compared to the year 2018. Between 2017 and 2019, rum's exports went up by 8.33% bringing the country US$0.19m for the year 2019. Rwanda's rum exports are classified as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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Rwanda rum export values
In 2019, Rwanda sold rum valued at 0.19m USD, a drop of -43.45% from 2018's total rum export of 0.336m USD. The annual change in value of Rwanda rum between 2017 to 2018 was 16.667 pc.
The annual/yearly change in the amount of Rwanda's rum exports between 2017 and 2019 was 8.33% when compared to a variation of 0% in the growth rate between 2018 and 2019.
Export markets for Rwanda rum ( in '000$ )
Rwanda procured 576 tonnes of rum in 2019.