What is the price of rum per kilogram/pound in Canada today?
The retail price range for Canada rum is between US$ 12.65 and US$ 18.49 per kilogram or between US$ 5.74 and US$ 8.39 per pound(lb). Click here to see today's exact prices of rum in Canada
The retail price range in Canadian Dollar for rum is between CAD 17.08 and CAD 24.96 per kilogram or between CAD 7.75 and CAD 11.32 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada rum is between US$ 8.86 and US$ 12.94 per kilogram or between US$ 4.02 and US$ 5.87 per pound(lb).
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Canada Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Canada has seen a steady decline over the last five years. In 2017, the price was at its lowest point of US$1.65 per kg, before increasing to US$2.1 per kg in 2018. In 2019, the price rose to US$2.86 per kg, before reaching US$3.3 per kg in 2020. The price then dropped slightly to US$3.28 per kg in 2021, before increasing to US$4.16 per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Rum from Canada will be US$4.45 in 2023 and US$4.74 in 2024.Canada Rum Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rum into Canada has seen a steady increase over the last five years. In 2017, the price was $1.65, which increased to $2.15 in 2016. In 2018, the price rose to $2.10, and then to $2.86 in 2019. The price then saw a slight dip in 2020, to $3.30, before increasing again to $3.28 in 2021. The most recent data shows that the import price per kilogram of Rum into Canada is $4.16 in 2022. Looking ahead, it is likely that the import price per kilogram of Rum into Canada will continue to increase. Predictions for 2023 and 2024 suggest that the price will be $4.50 and $4.90 respectively.Export values for Canada rum
The total values in export for rum in Canada were US$ 4,020, US$ 6,168, US$ 7,365 and US$ 6,134 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of rum in other countries across North America: Canada rum, US rum, Anguilla rum, Antigua and Barbuda rum, Bermuda rum, Bonaire, Sint Eustatius and Saba rum, St.Pierre and Miquelon rum, United States Minor Outlying Islands rum, Cayman Islands rum & Greenland rum.
Canada rum - Production, Exports, Imports, Seasons and HS Codes
The volume of rum sold by Canada in 2020 was 2,566 tons. In 2019 Canada exported 2,142 tonnes of rum. Through 2019 alone, the interest in Canada rum (processed category) has decreased, changing by -38.974 pc compared to the year 2018. Between 2017 and 2019, rum's exports decreased by -42.83% bringing the nation US$6.13m for the year 2019. Canada's rum exports are categorised as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
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Canada rum export values
In 2019, Canada exported rum costing 6.13m USD, a drop of -16.77% from 2018's total rum export of 7.365m USD. The yearly change in value of Canada rum between 2017 to 2018 was 19.407 pc.
The yearly variation in the quantity of Canada's rum exports between 2017 and 2019 was -42.83% when compared to a variation of -38.974% in the growth rate between 2018 and 2019.
Export markets for Canada rum ( in '000$ )
Canada imported 6,865 tonnes of rum in 2019.