Key Market Indicators
Panamanian rum exports are set to reach $53 million by 2026, growing at a 3.1% CAGR since 2021. This is up from $44 million in 2021 and a 2.4% increase from 2000. In 2021, Barbados overtook Panama in exports with $44 million, while the US, Italy, and France ranked second, third, and fourth. Meanwhile, Panama's rum imports are predicted to rise to $25 million by 2026, growing at a 2.8% CAGR since 2021. This is up from $22 million in 2021 and a 5.1% increase from 2000. In 2021, Australia overtook Panama in imports with $22 million, while Italy, the US, and Spain ranked second, third, and fourth.