Key Market Indicators
Cypriot rum imports are projected to reach around $2 million by 2026, growing at a rate of 2% year on year. Since 1994, demand has risen 2.9% annually. In 2021, Cyprus ranked 62nd, with Israel in the lead at $1.7 million. Italy, the United States, and Spain were the next three countries in the ranking. Cypriot rum exports, however, dropped significantly in 2018 from $37,000 to $21,000, a decrease of 42% from the previous year. Since 1994, supply has decreased 44.1% year on year. For 2018, Cyprus came in 93rd, with Macedonia in the lead at $21,000. The United States, Italy, and France were the next three countries in the ranking.
