Key Market Indicators
Malagasy rum export is set to reach $1.2 million by 2026, growing at an impressive 3.8% each year. Since 1995, the country's supply has increased by nearly 20%. In 2021, Malagasy ranked number one in the world for rum export, with $177 million. The United States, Italy, and France followed close behind in second, third, and fourth place respectively. Malagasy rum import skyrocketed 478% in 2018 from the previous year, reaching $5.3 million. Since 1995, the country's demand has decreased by nearly 40%. In 2018, Malagasy ranked number one in the world for rum import, with $281 million. Italy, Spain, and the United States followed in second, third, and fourth place.