| Product Code: ETC8622516 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to see a strong demand for craft rum imports, with top exporting countries being the USA, Sweden, Bermuda, China, and Germany. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high concentration level, indicating a competitive market landscape. With a notable compound annual growth rate of 18.05% from 2020 to 2024, the Nigerian craft rum import market shows promising potential for further expansion and diversification in the coming years.

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 Nigeria Craft Rum Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Craft Rum Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Craft Rum Market - Industry Life Cycle |
3.4 Nigeria Craft Rum Market - Porter's Five Forces |
3.5 Nigeria Craft Rum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Craft Rum Market Revenues & Volume Share, By Volume, 2021 & 2031F |
3.7 Nigeria Craft Rum Market Revenues & Volume Share, By Pricing, 2021 & 2031F |
3.8 Nigeria Craft Rum Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.9 Nigeria Craft Rum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Craft Rum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Craft Rum Market Trends |
6 Nigeria Craft Rum Market, By Types |
6.1 Nigeria Craft Rum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Craft Rum Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Craft Rum Market Revenues & Volume, By Light Rum, 2021- 2031F |
6.1.4 Nigeria Craft Rum Market Revenues & Volume, By Gold Rum, 2021- 2031F |
6.1.5 Nigeria Craft Rum Market Revenues & Volume, By Dark/Black Rum, 2021- 2031F |
6.1.6 Nigeria Craft Rum Market Revenues & Volume, By Rhum Agricole, 2021- 2031F |
6.1.7 Nigeria Craft Rum Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Craft Rum Market, By Volume |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Craft Rum Market Revenues & Volume, By Under 350ml, 2021- 2031F |
6.2.3 Nigeria Craft Rum Market Revenues & Volume, By 351ml - 750ml, 2021- 2031F |
6.2.4 Nigeria Craft Rum Market Revenues & Volume, By Above 750ml, 2021- 2031F |
6.3 Nigeria Craft Rum Market, By Pricing |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Craft Rum Market Revenues & Volume, By Mass, 2021- 2031F |
6.3.3 Nigeria Craft Rum Market Revenues & Volume, By Premium, 2021- 2031F |
6.4 Nigeria Craft Rum Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Craft Rum Market Revenues & Volume, By Individual, 2021- 2031F |
6.4.3 Nigeria Craft Rum Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5 Nigeria Craft Rum Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Craft Rum Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Nigeria Craft Rum Market Revenues & Volume, By Offline, 2021- 2031F |
7 Nigeria Craft Rum Market Import-Export Trade Statistics |
7.1 Nigeria Craft Rum Market Export to Major Countries |
7.2 Nigeria Craft Rum Market Imports from Major Countries |
8 Nigeria Craft Rum Market Key Performance Indicators |
9 Nigeria Craft Rum Market - Opportunity Assessment |
9.1 Nigeria Craft Rum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Craft Rum Market Opportunity Assessment, By Volume, 2021 & 2031F |
9.3 Nigeria Craft Rum Market Opportunity Assessment, By Pricing, 2021 & 2031F |
9.4 Nigeria Craft Rum Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.5 Nigeria Craft Rum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Craft Rum Market - Competitive Landscape |
10.1 Nigeria Craft Rum Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Craft 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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