What is the price of gin per kilogram/pound in Singapore today?
The retail price range for Singapore gin is between US$ 60.74 and US$ 106.61 per kilogram or between US$ 27.55 and US$ 48.35 per pound(lb). Click here to see today's exact prices of gin in Singapore
The retail price range in Singapore Dollar for gin is between SGD 81.68 and SGD 143.36 per kilogram or between SGD 37.04 and SGD 65.02 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore gin is between US$ 42.52 and US$ 74.63 per kilogram or between US$ 19.28 and US$ 33.85 per pound(lb).
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Singapore Gin Export Prices - Historical, Trends and Prediction
The export price per kilogram of Gin from Singapore has seen a steady increase over the last five years. In 2016, the price was 7.17 US dollars per kg, and by 2021, it had risen to 13.67 US dollars per kg. In 2017, the price saw a significant jump to 11.79 US dollars per kg, and in 2018, it rose further to 14.75 US dollars per kg. In 2019, the price dropped to 10.98 US dollars per kg, but it has since recovered to 11.78 US dollars per kg in 2020 and 13.67 US dollars per kg in 2021. Based on this trend, it is likely that the export price per kilogram of Gin from Singapore will continue to increase in the coming years, with an estimated price of 15.67 US dollars per kg in 2023 and 17.67 US dollars per kg in 2024.Singapore Gin Import Prices - Historical, Trends and Prediction
The import price per kilogram of Gin into Singapore has seen a steady increase over the last five years. In 2016, the price was $7.17, which rose to $11.79 in 2017. This was followed by a sharp increase to $14.75 in 2018, before dropping to $10.98 in 2019. The price then rose again to $11.78 in 2020 and $13.67 in 2021. Based on this trend, it is likely that the import price per kilogram of Gin into Singapore will continue to rise in the coming years, with an estimated price of $15.50 in 2023 and $17.33 in 2024.Export values for Singapore gin
The total values in export for gin in Singapore were US$ 17,678, US$ 18,481, US$ 26,543 and US$ 25,779 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
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Singapore gin - Production, Exports, Imports, Seasons and HS Codes
The volume of gin sold by Singapore in 2020 was 1,417 tonnes. In 2019 Singapore sold 2,348 tonnes of gin. For the year 2019 alone, the interest in Singapore gin (processed category) has climbed, flactuating by 30.517 per cent compared to the year 2018. Between 2017 and 2019, gin's exports increased by 49.74% netting the country US$25.78m for the year 2019. Singapore's gin exports are classified as:
- Gin and Geneva (HS code 220850)
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Singapore gin export values
In 2019, Singapore sold gin with a value of 25.78m USD, a drop of -2.87% from 2018's total gin export of 26.543m USD. The annual reduction in value of Singapore gin between 2017 to 2018 was 43.623 percent.
The yearly change in the volume of Singapore's gin exports between 2017 and 2019 was 49.74 per cent in comparison to a variation of 30.517% in the period between 2018 and 2019.
Export markets for Singapore gin ( in '000$ )
Singapore brought in 3,024 tonnes of gin in 2019.