Global Rum Trends in 2022
Rum is part of Spirits. You may also be interested in Vodka.
The global rum market is booming. Imports are projected to reach nearly $1.9 billion by 2026, an increase of 0.7% year-on-year. Since 2017, global demand has jumped 3.4%. In 2021, Germany topped the list of rum importers, at $281 million. Italy, the United States and Spain followed in second, third and fourth place. Saint Lucia saw an impressive jump of 51.5% year-on-year, while Seychelles fell 39.3% since 2017. Exports of rum are set to reach $1.5 billion by 2026, a growth of 1.2% year-on-year on average. Supply has gone up 3.9% since 2016. In 2021, Germany led the way in rum exports, with $177 million. The US, Italy and France followed in second, third and fourth place. Hungary saw an astonishing rise of 491.6% year-on-year, while Cyprus fell 44.1% since 2016.
Top 10 countries
In 2022 major markets in the Rum Industry were:
Rum Market Data and Forecasts
How much the Rum industry is expected to grow to 2026?
More in Rum Industry for 2028Global Rum Statistics
- Rum Import 184 countries (Africa, Sub-Saharan Africa, Latin America...)
- Rum Export 157 countries (Latin America, Africa, Sub-Saharan Africa...)
- Rum Sales 23 countries (Europe, North America, Southern Europe...)
- Rum Consumption 16 countries (Europe, Southern Europe, Western Europe...)
Global Rum Industry Database
Improve your Knowledge with the latest Indicators and Trends
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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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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...
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