Key Market Indicators
The British Rum market is expected to experience modest growth over the next five years. Imports are forecasted to reach $99 million by 2026, up 0.3% per year on average since 2021. Exports are set to rise 1.2% annually to reach $61 million by the same year. In 2021, British Rum imports stood at $97 million, making the country the fifth largest importer of the product worldwide. Spain overtook with $97 million, while the United States, Italy and France ranked second, third and fourth respectively. British supply of Rum had been rising steadily since 1998, reaching $56 million in 2021. That year, the Netherlands overtook the UK to become the eighth largest exporter of Rum, with the US, Italy and France ranking second, third and fourth respectively.
