Key Market Indicators
Barbadian rum imports are set to reach $2 million by 2026. This figure is up from $1.7 million in 2021, an average growth of 3.3% year on year. Since 2002, demand for Barbadian rum has increased 11.8% year on year. In 2021, the country ranked 64th, with Namibia overtaking it at $1.7 million. Italy, the United States and Spain were ranked second, third and fourth respectively. Barbadian rum exports are expected to reach nearly $47.5 million by 2026, up from $43.7 million in 2021 – a CAGR of 1.4% year on year. Since 2002, the country’s supply of rum has increased 2.4% year on year. In 2021, Barbados was ranked 13th, with Belgium overtaking it at $43.7 million. The United States, Italy and France were ranked second, third and fourth respectively.