| Product Code: ETC4667118 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada rum market, the import trend exhibited a decline, with a growth rate of -3.81% from 2023 to 2024. Furthermore, the compound annual growth rate (CAGR) for imports from 2020 to 2024 was -0.67%. This negative import momentum may be attributed to shifting consumer preferences or changes in trade policies impacting market stability.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Rum Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Rum Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Rum Market - Industry Life Cycle |
3.4 Canada Rum Market - Porter's Five Forces |
3.5 Canada Rum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Canada Rum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Canada Rum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in premium and craft rums |
4.2.2 Growing popularity of rum-based cocktails and mixology trends |
4.2.3 Innovation in flavors and packaging to attract younger consumers |
4.3 Market Restraints |
4.3.1 High competition from other spirits such as whisky and vodka |
4.3.2 Government regulations and taxes affecting pricing and distribution |
4.3.3 Health concerns and changing consumer preferences towards healthier alternatives |
5 Canada Rum Market Trends |
6 Canada Rum Market Segmentations |
6.1 Canada Rum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Rum Market Revenues & Volume, By Golden, 2021-2031F |
6.1.3 Canada Rum Market Revenues & Volume, By Dark, 2021-2031F |
6.1.4 Canada Rum Market Revenues & Volume, By White, 2021-2031F |
6.1.5 Canada Rum Market Revenues & Volume, By Spiced, 2021-2031F |
6.2 Canada Rum Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Canada Rum Market Revenues & Volume, By On-trade, 2021-2031F |
6.2.3 Canada Rum Market Revenues & Volume, By Off-trade, 2021-2031F |
7 Canada Rum Market Import-Export Trade Statistics |
7.1 Canada Rum Market Export to Major Countries |
7.2 Canada Rum Market Imports from Major Countries |
8 Canada Rum Market Key Performance Indicators |
8.1 Number of new product launches in the rum market |
8.2 Growth in online sales and e-commerce presence of rum brands |
8.3 Consumer engagement on social media platforms for rum brands |
8.4 Participation and attendance in rum festivals and events |
8.5 Sustainability initiatives and certifications adopted by rum producers |
9 Canada Rum Market - Opportunity Assessment |
9.1 Canada Rum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Canada Rum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Canada Rum Market - Competitive Landscape |
10.1 Canada Rum Market Revenue Share, By Companies, 2024 |
10.2 Canada Rum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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