What is the price of rum per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) rum is between US$ 4.78 and US$ 9.57 per kilogram or between US$ 2.17 and US$ 4.34 per pound(lb). Click here to see today's exact prices of rum in United Kingdom (UK)
The retail price range in British pound sterling for rum is between GBP 3.84 and GBP 7.68 per kilogram or between GBP 1.74 and GBP 3.49 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) rum is between US$ 3.35 and US$ 6.70 per kilogram or between US$ 1.52 and US$ 3.04 per pound(lb).
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United Kingdom (UK) Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from the United Kingdom over the last five years has seen a steady increase. In 2017, the price was 6.04 US dollars per kilogram, and by 2021, it had risen to 8.73 US dollars per kilogram. The highest price was seen in 2021, with a price of 8.73 US dollars per kilogram. The lowest price was seen in 2016, with a price of 5.84 US dollars per kilogram. The current price is 7.67 US dollars per kilogram. Based on the current trend, it is predicted that the export price per kilogram of Rum from the United Kingdom in 2023 will be 8.87 US dollars per kilogram, and in 2024 it will be 9.01 US dollars per kilogram.United Kingdom (UK) Rum Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) rum
The total values in export for rum in United Kingdom (UK) were US$ 44,474, US$ 51,423, US$ 55,643 and US$ 61,759 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): 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.
United Kingdom (UK) rum - Production, Exports, Imports, Seasons and HS Codes
The amount of rum shipped by United Kingdom (UK) in 2020 was 5,928 metric tonnes. In 2019 United Kingdom (UK) sold 8,929 tonnes of rum. Through 2019 alone, the demand for United Kingdom (UK) rum (processed category) has surged, flactuating by 8.917 percent compared to the year 2018. Between 2017 and 2019, rum's exports grew by 5.07 percent netting the exporter US$61.76m for the year 2019. United Kingdom (UK)'s rum exports are categorised as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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United Kingdom (UK) rum export values
In 2019, United Kingdom (UK) supplied rum worth 61.76m USD, an improvement of 10.99% from 2018's total rum export of 55.643m USD. The annual change in value of United Kingdom (UK) rum between 2017 to 2018 was 8.206 per cent.
The annual/yearly change in the volume of United Kingdom (UK)'s rum exports between 2017 and 2019 was 5.07 percent in comparison to a variation of 8.917% in the period between 2018 and 2019.
United Kingdom (UK)'s share of the world's total rum's exports in 2019 was less than 1%. The country holds position 14 in world exports of rum.
Export markets for United Kingdom (UK) rum ( in '000$ )
Import/Export Trends
United Kingdom (UK) is a net exporter of rum. The annual growth of United Kingdom (UK) rum in value between 2015 to 2019 was 256%, per annum, while annual growth in quantity during the same period was %, per annum.
United Kingdom (UK) imported 34,273 tonnes of rum in 2019.