Belarus - Rum - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRum Price in Belarus - 2022
Contents:
- Rum Price in Belarus (CIF) - 2022
- Rum Price in Belarus (FOB) - 2022
- Rum Imports in Belarus
- Rum Exports in Belarus
Rum Price in Belarus (CIF) - 2022
In March 2022, the average rum import price amounted to $4.4 per litre, falling by -26.5% against the previous month. Overall, import price indicated a modest increase from March 2021 to March 2022: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, rum import price decreased by -26.5% against February 2022 indices. The growth pace was the most rapid in April 2021 when the average import price increased by 106% m-o-m. The import price peaked at $8.2 per litre in May 2021; however, from June 2021 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Cuba ($12.3 per litre), while the price for Trinidad and Tobago ($1.7 per litre) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Cuba (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Rum Price in Belarus (FOB) - 2022
Belarus has no trade partners to describe.
Rum Imports in Belarus
In 2022, imports of rum into Belarus shrank dramatically to 514K litres, waning by -20.2% against the year before. Over the period under review, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 644K litres, and then contracted significantly in the following year.
In value terms, rum imports rose sharply to $3.7M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Rum in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 441 | 353 | 1,230 | 1,196 | 39.5% |
| United States | 738 | 788 | 542 | 660 | -3.7% |
| Dominican Republic | 244 | 254 | 390 | 379 | 15.8% |
| Germany | 563 | 206 | 108 | 280 | -20.8% |
| Italy | 30.6 | 39.5 | 263 | 255 | 102.7% |
| United Kingdom | 233 | 125 | 245 | 238 | 0.7% |
| Barbados | 39.0 | 166 | 160 | 156 | 58.7% |
| France | 60.3 | 157 | 152 | 148 | 34.9% |
| Trinidad and Tobago | 31.7 | 68.8 | 115 | 112 | 52.3% |
| Netherlands | 90.3 | 11.1 | 32.7 | 42.8 | -22.0% |
| Others | 260 | 182 | 152 | 187 | -10.4% |
| Total | 2,730 | 2,350 | 3,388 | 3,654 | 10.2% |
Top Suppliers of Rum to Belarus in 2022:
- Cuba (150.3K litres)
- Dominican Republic (91.2K litres)
- United States (58.5K litres)
- Germany (43.7K litres)
- Barbados (32.7K litres)
- Italy (30.0K litres)
- Trinidad and Tobago (24.4K litres)
- United Kingdom (23.3K litres)
- France (19.9K litres)
- Netherlands (16.9K litres)
Rum Exports in Belarus
In 2022, shipments abroad of rum was finally on the rise to reach 114K litres for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous shrinkage. Over the period under review, the exports attained the peak figure at 225K litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, rum exports expanded significantly to $1.1M in 2022. Overall, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 9.9%. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Rum in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | 2.3 | 9.2 | N/A | 300.0% |
| Lithuania | N/A | 1.0 | N/A | N/A | 0% |
| Others | 1,812 | 989 | 1,081 | 1,150 | -14.1% |
| Total | 1,812 | 992 | 1,090 | 1,150 | -14.1% |
Top Export Markets for Rum from Belarus in 2022:
This report provides an in-depth analysis of the rum market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
404
This report provides an in-depth analysis of the rum market in Belarus.
621
This report provides an in-depth analysis of the spirits and liqueurs market in Belarus.
233
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Belarus.
334
This report provides an in-depth analysis of the grape wine spirits market in Belarus.
390
This report provides an in-depth analysis of the whisky market in Belarus.
287
This report provides an in-depth analysis of the gin and geneva market in Belarus.
1204
This report provides an in-depth analysis of the global rum market.
2135
This report provides an in-depth analysis of the global spirits and liqueurs market.
325
This report provides an in-depth analysis of the global market for spirits, liqueurs and other spirituous beverages.
564
This report provides an in-depth analysis of the global grape wine spirits market.
459
Explore the top import markets for rum worldwide and discover the cultural preferences, consumer trends, and cocktail cultures that contribute to the popularity of rum in these countries.
245
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
1292
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
792
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
162
Explore the top import markets for spirits, liqueurs, and other alcoholic beverages, including key statistics and import values. Discover the demand and trends in countries such as the United States, Germany, United Kingdom, and more. Gain valuable insights for producers and exporters in the global market.
141
Explore the world's best import markets for grape wine spirits with key statistics and insights. Learn about the top countries and their import values. Discover opportunities for wine producers and exporters.
243
This article explores the world's best import markets for whisky, including the United States, France, Singapore, the Netherlands, Germany, Taiwan, China, Japan, Australia, and Spain. It highlights their growing demand for whisky, the popularity of different styles and brands, and the emergence of whisky culture in these countries. The IndexBox market intelligence platform provides valuable data and insights for businesses operating in the whisky market.
459
Explore the top import markets for rum worldwide and discover the cultural preferences, consumer trends, and cocktail cultures that contribute to the popularity of rum in these countries.
245
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
1292
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
