Poland: Rum Market 2024

Rum Market Size in Poland

For the fourth consecutive year, the Polish rum market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption showed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Rum Production in Poland

In value terms, rum production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Rum production peaked in 2022 and is expected to retain growth in the immediate term.

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Rum Exports

Exports from Poland

In 2022, shipments abroad of rum increased by X% to X litres, rising for the fifth consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, rum exports surged to $X in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X litres) was the main destination for rum exports from Poland, accounting for a X% share of total exports. Moreover, rum exports to Germany exceeded the volume sent to the second major destination, Slovakia (X litres), twofold. The Czech Republic (X litres) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and the Czech Republic (X% per year).

In value terms, the largest markets for rum exported from Poland were Slovakia ($X), Germany ($X) and the Czech Republic ($X), together accounting for X% of total exports. Singapore, France, Romania, the United Arab Emirates, the Netherlands and Luxembourg lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average rum export price amounted to $X per litre, increasing by X% against the previous year. In general, the export price, however, recorded a drastic downturn. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per litre in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per litre), while the average price for exports to Germany ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Rum Imports

Imports into Poland

In 2022, overseas purchases of rum increased by X% to X litres, rising for the sixth consecutive year after two years of decline. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rum imports surged to $X in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Italy (X litres), Germany (X litres) and the Netherlands (X litres) were the main suppliers of rum imports to Poland, with a combined X% share of total imports. Spain, Slovakia, the UK, France, Jamaica and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rum suppliers to Poland were Italy ($X), Slovakia ($X) and the Netherlands ($X), with a combined X% share of total imports.

Slovakia, with a CAGR of X.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average rum import price amounted to $X per litre, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per litre), while the price for the UK ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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