What is the price of rum per kilogram/pound in Sri Lanka today?
The retail price range for Sri Lanka rum is between US$ 13.39 and US$ 20.08 per kilogram or between US$ 6.07 and US$ 9.11 per pound(lb). Click here to see today's exact prices of rum in Sri Lanka
The retail price range in Sri Lanka Rupee for rum is between LKR 4,119.02 and LKR 6,178.52 per kilogram or between LKR 1,868.03 and LKR 2,802.05 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2024, the approximate wholesale price range for Sri Lanka rum is between US$ 9.37 and US$ 14.06 per kilogram or between US$ 4.25 and US$ 6.37 per pound(lb).
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Sri Lanka Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Sri Lanka has seen a steady increase over the last five years. In 2016, the price was 7.73 US$ per kg, and in 2021, it had risen to 8.19 US$ per kg. This represents an increase of 5.6% over the five-year period. The highest price was recorded in 2017, when the price was 9.42 US$ per kg. The lowest price was recorded in 2019, when the price was 4.74 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Rum from Sri Lanka in 2023 will be 9.45 US$ per kg, and in 2024, it will be 10.08 US$ per kg.Sri Lanka Rum Import Prices - Historical, Trends and Prediction
The import price of Rum into Sri Lanka over the last five years has seen a steady increase. In 2017, the price per kilogram was $9.42, and in 2021 it had risen to $8.19. This represents an increase of 13.3% over the five year period. The highest price was in 2021, when the price per kilogram was $8.19. The lowest price was in 2019, when the price per kilogram was $4.74. This represents a decrease of 47.7% from the highest price. Based on this trend, it is predicted that the price of Rum per kilogram in 2023 will be $9.45 and in 2024 it will be $10.58.Export values for Sri Lanka rum
The total values in export for rum in Sri Lanka were US$ 201, US$ 358, US$ 34 and US$ 46 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Sri Lanka: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
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Sri Lanka rum - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka sold 15 tonnes of rum. For 2019 alone, the interest in Sri Lanka rum (processed category) has surged, flactuating by 25 % compared to the year 2018. Between 2017 and 2019, rum's exports reduced by -60.53% bringing the nation US$0.05m for the year 2019. Sri Lanka's rum exports are categorised as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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Sri Lanka rum export values
In 2019, Sri Lanka shipped rum valued at 0.05m USD, an increase of 47.06% from 2018's total rum export of 0.034m USD. The yearly growth in value of Sri Lanka rum between 2017 to 2018 was -90.503 pc.
The annual change in the quantity of Sri Lanka's rum exports between 2017 and 2019 was -60.53% when compared to a variation of 25% in the growth rate between 2018 and 2019.
Export markets for Sri Lanka rum ( in '000$ )
Sri Lanka imported 0 tonnes of rum in 2019.