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Rum

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Factbook F-243161
Read more: Alcohol
Rum Tier 2 Beverages
Production134,900 t p.a.
Exports50,580 t
Value per tonne✦5,168
Revenue✦697 m
Value added✦595 m
Surplus✦423 m
  • Per tonne:
  • Labour ✦375 (Sf 2.34)
  • Materials ✦680
  • Capital ✦609
  • Energy ✦75
  • Surplus ✦3,429

Whole chain per tonne: 11.3 labour hours, 2,861 kWh.

Formula

A.C. = w0LhSf Labour ✦375 Shadow wage w0 ✦16 an hour Γ— Lh 10 hours per tonne Γ— skill factor Sf 2.34 Sf for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials ✦680 Glass: 600 kg Γ— $315/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = ✦263 Molasses: 2.5 t Γ— $90/t Γ— r 1.5 Γ— border 1.23 Γ— Ξ» 1.00 = ✦416 Timber: 20 kg Γ— $75/t Γ— r 1.5 Γ— border 0.72 Γ— Ξ» 1.00 = ✦1.63 + (D + Mo)Ξ±e Capital ✦609 Depreciation and maintenance ✦420 per tonne Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦75 E 1,500 kWh per tonne Γ— pe ✦0.05 per kWh = ✦1,739

A.V. = rP*world Accounted value ✦5,168 per tonne World price $3,500 per tonne less freight and insurance 1.57% = P* $3,445 Γ— r 1.5 crowns per US dollar Export parity: the price at the Commonwealth border for a good it sells abroad. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦5,168

Revenue = A.V. Γ— Q Accounted revenue ✦697 m p.a. Domestic: 84,300 t Γ— ✦5,168 = ✦436 m Exports: 50,580 t Γ— ✦5,168 = ✦261 m = ✦697 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦423 m p.a. Revenue ✦697 m βˆ’ cost ✦1,739 Γ— 134,900 t = ✦462 m Export charges ✦39.2 m: 15% of export revenue (federal levy and permit fee) Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦423 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made in

Madiana 17.8% Abakoa 2.22% Aruba 2.22% Caimanas 2.22% Curacao 2.22% Providence 2.22% Canary 2.22% Costa Verde 2.22% Mira 2.22% Pico 2.22% Aloi 2.22% Aloubaera 2.22% Antigua 2.22% Barbados 2.22% Cama 2.22% Colombier 2.22% Grenadines 2.22% Kairi 2.22% Karu 2.22% Kitts 2.22% Lucia 2.22% Oualie 2.22% Saba 2.22% Soualiga 2.22% Virgin 2.22% Youlouca 2.22% Caicos 2.22% Curateo 2.22% Inagua 2.22% Mayaguana 2.22% Nassau 2.22% Rum 2.22% Summers 2.22% Cavoada 2.22% Fogo 2.22% Morocos 2.22% Praia 2.22% Viana 2.22%

Made by

Inputs

Molasses ✦56.1 m Glass ✦35.4 m Timber ✦219,563

Output

Final domestic use ✦436 m

Made from per tonne

Used in p.a.

  • Final domestic use 84,300 t ✦436 m 62.5%
  • Exports 50,580 t ✦261 m 37.5%