Key Market Indicators
The demand for South African rum is expected to drop by 26.7% in the period 2021-2026, according to CAGR figures. In 2021, the country ranked 52nd in rum imports, with Croatia surpassing it at $3.2 million. Italy, the US and Spain followed as the next three biggest importers. Meanwhile, South African exports of rum are set to grow by 2.4% CAGR over the same period. In 2021, the country was in 24th place in terms of exports, with Canada surpassing it at $6.3 million. The US, Italy and France were the next three biggest exporters.
