In 2023, the import of Rum and Tafia to the US stood at approximately 167.67 million USD. Forecast data from 2024 to 2028 suggests a steady year-on-year growth, starting at 172.81 million USD in 2024 and reaching 192.76 million USD by 2028. This represents a compound annual growth rate (CAGR) of around 2.8% over the five-year period.
Future trends to watch for:
- Potential impacts of trade agreements and tariffs on import costs and prices.
- Shifts in consumer preferences towards craft spirits and their potential impact on traditional rum demands.
- Economic factors affecting disposable income and consumption patterns.