The rum market in Sweden has experienced consistent growth over the past decade, reaching a market size of 21.795 million Euros in 2023. The steady increase is marked by a compound annual growth rate (CAGR) of 5.13% over the last five years.
Key observations on year-on-year variations:
- Rapid initial growth was observed, with rates exceeding 20% from 2014 to 2018.
- Growth stabilized post-2019, with modest increases of around 5% per year from 2021 to 2023.
Future trends to watch for include an increased focus on premium and craft rum, driven by consumer preference for high-quality, artisanal spirits. Sustainability practices and innovative flavors could further influence market dynamics positively.
| # | 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 |
| 6 | 6 Sweden | 21,795,000 | 2023 | +4.56% | +5.13% | |
| 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 |
