Key Market Indicators
The import and export of Spanish rum is set to decline in the coming years, with anticipated export and import values of $74 million and $111 million in 2026, respectively. This is a 4.3% and 1.6% year-on-year decrease since 2021. Since 1994, Spanish demand and supply have decreased by 6.7% and 10.4% year-on-year, respectively. In 2021, the United States was the top importer of Spanish rum, with a total of $141 million. Italy, the United States and Spain followed in second, third and fourth place, respectively. France overtook the United States as the top exporter of Spanish rum, with a total of $80 million. The United States, Italy and France were the second, third and fourth largest exporters, respectively.
Spain Rum Market Data and Forecasts
Improve your Knowledge with the latest Indicators and Trends
-
Rum (Spirits) Industry: Analyzing Market Size, Growth and Future Forecasts Globally
Within the spirits industry, rum holds considerable weight due to its large volume, geographical spread, and consumer interest. The market size is significant, driven by substantial revenue generation and consumer demand globally. The current picture points towards steady growth, with markets in North America and Asia-Pacific regions notably contributing to...
Discover more insights -
Rum Market: Comprehensive Analysis of Size, Growth and Forecast Trends Worldwide
The global rum market's growth is contingent upon various key economic and demographic factors. Notably, the rise in disposable income, a growing global population with a predilection for rum, and the expansion of distribution channels are driving rum's growth. Yet this market expansion is not happening uniformly across global regions,...
Discover more insights -
Spirits Industry Spotlight: Innovative Trends Shaping the Global Rum Market
Increasing consumer preferences for premium and ultra-premium products are significantly driving the global rum market. These high-end rums, often aged and with complex flavors, appeal to the sophisticated taste palate of consumers looking for a unique drinking experience. Besides, the cocktail culture's revival, primarily in urban areas, has elevated the...
Discover more insights