Key Market Indicators
Rum imports to and exports from the Philippines are expected to reach over $6 million by 2026. From 2021 to 2026, imports are projected to grow at an average yearly rate of 2.3%, while exports are expected to increase at a rate of 2.8%. In 2021, the country ranked 53rd in imports and 41st in exports. In 2021, South Africa overtook the Philippines in rum imports, while Poland took the lead in exports. The United States, Italy, Spain, and France held the top four spots in both rankings. Since 2001, demand for rum in the Philippines decreased by 1.8% year on year, while supply increased by 7.2%.