Key Market Indicators
Chinese rum imports are set to reach nearly $9 million by 2026, growing at a rate of 1.1% annually since 2021. In 2021, China was ranked number 34 in terms of rum imports, with Chile coming in ahead at $8.2 million. The US, Italy, and Spain followed in the rankings, coming in at second, third and fourth respectively. Chinese rum exports experienced a dramatic increase in 2018, reaching $339,080 from just $81,190 in 2017, representing a 317.6% year-over-year growth. Since 1997, Chinese supply has grown by 0.9% annually. In 2018, China was ranked 70th in terms of rum exports, with Ecuador overtaking at $339,080. The US, Italy, and France followed in the rankings, coming in at second, third and fourth respectively.
