Rum has faced headwinds across Europe since the end of 2022, thanks mainly to negative macroeconomic trends impacting consumers’ purchasing power.However, opportunities persist, with some brand owners highlighting positivity in Central and Eastern Europe, as well as at higher price points.Others suggest that higher-end rums are facing greater pressure in the current environment, while more affordable mid-range rums are more resilient.Product innovation continues at a fast pace, with launches ranging from rum-based RTDs and liqueurs and limited-edition bottlings with unusual cask finishes.De
Identifying the kernels of opportunity for rum in Europe – Category Intel
Economic pressures and competition from rival spirits categories have slowed rum’s momentum in Europe – but positive underlying consumer trends are keeping brand owners’ hopes for the future afloat.

Former newspaper journalist Richard Woodard has been writing about the global wine and spirits industry for nearly 20 years, and is a regular contributor to a number of magazines and websites.



