Key Market Indicators
Brazil's rum import is forecasted to reach $1.25 million by 2026, growing at an average annual rate of 2.3%. Since 1994, Brazilian demand has grown 20.4% year-on-year. In 2021, the country was ranked 71st, with Aruba overtaking it at $1.09 million. Italy, the United States and Spain came in at numbers 2, 3 and 4, respectively. Brazil's rum export is projected to reach $16.63 million by 2026, increasing by 0.7% on average year-on-year. Since 1994, Brazilian supply has seen a 2.8% year-on-year growth. In 2021, Denmark overtook Brazil's position at $15.98 million, with the United States, Italy and France coming in at numbers 2, 3 and 4, respectively.