Key Market Indicators
Greece's rum import is estimated to reach around $18 million by 2026, increasing by 1.1% year-on-year on average since 1993. In 2021, Singapore topped the ranking with $17 million, while Greece came in 18th. Italy, the United States, and Spain placed second, third, and fourth respectively. Meanwhile, Greece's rum exports are expected to decrease to $92,000 by 2026, falling by a yearly average of 9.9% since 1993. Seychelles led the rankings in 2021 at $176,000, while Greece came in 79th. The United States, Italy, and France took second, third, and fourth places respectively.
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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...
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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,...
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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...
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