Report CIS - Rum - Market Analysis, Forecast, Size, Trends and Insights for 499$
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CIS - Rum - Market Analysis, Forecast, Size, Trends and Insights
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CIS: Rum Market 2022

Rum Market Size in CIS

The CIS rum market rose rapidly to $X in 2021, picking up by 11% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Rum Production in CIS

In value terms, rum production amounted to $X in 2021 estimated in export price. In general, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 43%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Rum Exports

Exports in CIS

In 2021, after three years of decline, there was significant growth in shipments abroad of rum, when their volume increased by 15% to X litres. Over the period under review, exports, however, continue to indicate a deep slump. Over the period under review, the exports hit record highs at X litres in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, rum exports soared to $X in 2021. Overall, exports, however, recorded a abrupt contraction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova was the main exporter of rum in the CIS, with the volume of exports recording X litres, which was approx. 78% of total exports in 2021. Russia (X litres) took the second position in the ranking, distantly followed by Belarus (X litres). All these countries together held near 22% share of total exports.

Exports from Moldova decreased at an average annual rate of -9.2% from 2012 to 2021. At the same time, Belarus (+44.1%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +44.1% from 2012-2021. By contrast, Russia (-2.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia and Belarus increased by +6.3 and +5.9 percentage points, respectively.

In value terms, Moldova ($X) remains the largest rum supplier in the CIS, comprising 84% of total exports. The second position in the ranking was held by Russia ($X), with a 12% share of total exports.

In Moldova, rum exports shrank by an average annual rate of -9.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (-7.4% per year) and Belarus (+38.4% per year).

Export Prices by Country

The export price in the CIS stood at $X per litre in 2021, surging by 8.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 12% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2020 to 2021, the the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Moldova ($X per litre), while Belarus ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+0.1%), while the other leaders experienced a decline in the export price figures.

Rum Imports

Imports in CIS

In 2021, the amount of rum imported in the CIS reached X litres, rising by 7.6% against the previous year. Total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.2% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by 31%. Over the period under review, imports attained the maximum at X litres in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, rum imports soared to $X in 2021. Overall, imports, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 48%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia dominates imports structure, accounting for X litres, which was approx. 93% of total imports in 2021. The following importers - Belarus (X litres) and Kazakhstan (X litres) - together made up 5.5% of total imports.

From 2012 to 2021, average annual rates of growth with regard to rum imports into Russia stood at +1.2%. At the same time, Belarus (+14.9%) and Kazakhstan (+1.8%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +14.9% from 2012-2021. While the share of Belarus (+2.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-2.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported rum in the CIS, comprising 90% of total imports. The second position in the ranking was taken by Belarus ($X), with a 6.4% share of total imports.

In Russia, rum imports declined by an average annual rate of -3.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+12.6% per year) and Kazakhstan (-3.3% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per litre, picking up by 7.6% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of 13%. The level of import peaked at $X per litre in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belarus ($X per litre), while Russia ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for rum in the CIS?
+
Russia remains the largest rum consuming country in the CIS, comprising approx. 85% of total volume. Moreover, rum consumption in Russia exceeded the figures recorded by the second-largest consumer, Moldova, ninefold. Belarus ranked third in terms of total consumption with a 3.4% share.
What are the largest producers of rum in the CIS?
+
Moldova constituted the country with the largest volume of rum production, accounting for 100% of total volume.
What are the leading suppliers of rum in the CIS?
+
In value terms, Moldova remains the largest rum supplier in the CIS, comprising 84% of total exports. The second position in the ranking was taken by Russia, with a 12% share of total exports.
What are the leading importers of rum in the CIS?
+
In value terms, Russia constitutes the largest market for imported rum in the CIS, comprising 90% of total imports. The second position in the ranking was taken by Belarus, with a 6.4% share of total imports.
What is the average export price for rum in the CIS?
+
The export price in the CIS stood at $7.1 per litre in 2021, rising by 8.1% against the previous year.
What is the average import price for rum in the CIS?
+
In 2021, the import price in the CIS amounted to $3.6 per litre, surging by 7.6% against the previous year.

This report provides an in-depth analysis of the rum market in CIS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)
Country coverage:
• Armenia
• Kyrgyzstan
• Moldova
• Tajikistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in CIS, split by region and country
• Trade (exports and imports) in CIS
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Armenia
• Azerbaijan
• Belarus
• Kazakhstan
• Kyrgyzstan
• Moldova
• Russia
• Tajikistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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