In 2023, Italy led the European market for rum and other sugar-cane spirits, commanding a significant share at 50.63%. France followed at 30.01%, and Spain held 5.71%. Germany's market saw a decrease of 2.5% year-on-year. Countries like Portugal, Netherlands, and Poland demonstrated moderate growth ranging from 4.47% to 7.51%. Croatia and Estonia had notable increases of over 13%, highlighting a burgeoning market presence. In contrast, Denmark's share remained static, alongside very minimal growth in regions like Finland, Belgium, and Lithuania.
Looking forward, Italy is anticipated to maintain its lead. Countries like France and Spain are expected to consolidate their positions. Market watchers should look for potential growth in emerging players such as Croatia and Estonia. Economic factors, changing consumer preferences, and regulatory measures could further influence these trends in European token participation.
Top countries in Sold Production of Rum and Other Spirits Obtained by Distilling Fermented Sugar-Cane Products Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 50.63 | 2023 | +42.19% | +30.87% | View data |
| 2 | 2 France | 30.01 | 2023 | +5.86% | +6.72% | View data |
| 3 | 3 Spain | 5.71 | 2023 | +6.22% | +2.09% | View data |
| 4 | 4 Germany | 1.43 | 2023 | -5.29% | -2.5% | View data |
| 5 | 5 Portugal | 0.4 | 2023 | +21.66% | +7.22% | View data |
| 6 | 6 Netherlands | 0.39 | 2023 | +0.29% | +4.47% | View data |
| 7 | 7 Poland | 0.26 | 2023 | +3.87% | +7.51% | View data |
| 8 | 8 Croatia | 0.22 | 2023 | +4.42% | +13.06% | View data |
| 9 | 9 Estonia | 0.17 | 2023 | +18.19% | +13.96% | View data |
| 10 | 10 Finland | 0.1 | 2023 | +0.22% | +4.06% | View data |
