The rum market in Croatia has shown fluctuations over the past decade, with a value of 6.0195 million euros in 2023. After experiencing a significant growth phase peaking in 2017, the market contracted slightly but has shown a positive uptick again since 2022. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was negative, indicating overall market contraction. However, year-on-year growth in 2022 and 2023 signals a recovery in the market.
Future trends to watch for include:
- The impact of evolving consumer preferences towards premium and craft rums.
- Potential economic influences that may affect disposable incomes and spending habits.
- Regulatory changes related to alcohol trade within and outside the European Union.
How does Croatia rank in Rum Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 419,420,000 | 2023 | -0.84% | -0.46% | View data |
| 2 | 2 Spain | 148,940,000 | 2023 | -7.82% | -6.68% | View data |
| 3 | 3 Germany | 133,300,000 | 2023 | -5.09% | -3.76% | View data |
| 4 | 4 Netherlands | 42,986,000 | 2023 | +0.24% | -0.18% | View data |
| 5 | 5 Greece | 24,800,000 | 2023 | +2.12% | +2.17% | View data |
| 7 | 7 Slovakia | 19,477,000 | 2023 | +6.43% | +2.93% | View data |
| 8 | 8 Finland | 9,625,000 | 2023 | +1.36% | +0.73% | View data |
| 9 | 9 Croatia | 6,019,500 | 2023 | +5.67% | -0.88% | |
| 10 | 10 Hungary | 5,962,700 | 2023 | +3.32% | +2.14% | View data |
| 11 | 11 Bulgaria | 2,338,500 | 2023 | -1.83% | -1.49% | View data |