Panama Rum Production up 32%

As of August 4 million 18 thousand liters of rum were produced, 32.1% more than the same period of 2009.

Monday, November 8, 2010

According to the Comptroller General's Office, production in August 2010 reached the highest growth since 2007 when it reported growth of 21.5%. reports, "This relates to the aggressive export plan of the two main factories of this product, though in recent years independent producers have joined. This is the case of Tilsa, company which processes Panamanian rum under United States brands.”

More on this topic

Demand for Rum in Panama Reduced

November 2013

The evolution of the Panamanian economy brings changes in consumption patterns which favor imported wine and premium liquors.

Figures from the Comptroller General of the Republic up until August reveal that local production of alcoholic beverages stood at 176.8 million liters, 2.2 % less than the 180.2 million reported in the same period in 2012.

Increased Production of Alcoholic Beverages

February 2012

In 2011, 237.57 million liters of spirits were produced in Panama, up 6% from a year earlier.

The production of alcoholic beverages increased in 2011 to 237,570,000 gallons, a growth of 6.1% compared to 2010.

The registration period covers January to November last year. In the same period in 2010, there were 223, 826,000 liters produced, reported

Liquor Production Increases 7.1% in Panama

November 2009

In the first 9 months of 2009, alcoholic beverages companies produced 177.3 million liters, 7.1% more than the same period of last year.

According to data from the Economics and Finance Ministry, the main driver of this growth was beer: 35.8 million have been produced so far 2009, 15.85% more than last year.

Panamanian Rum Expands US Distribution

June 2009

The distilled spirits producer, Varela Hermanos, SA, signed a distribution agreement to expand into the US market.

The agreement announced during the Wine and Spirits Wholesalers of America convention, held in Orlando, Florida, was signed between the Panamanian subsidiary of the company in Miami, Varela Imports, Inc. and Van Gogh Imports.

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