Pernod Ricard’s Cuban rum joint venture, Havana Club International, has posted a slight dip in full-year volume sales of its namesake brand, in what the firm has described as a “resilient performance”.

Havana Club International (HCI), which Pernod runs with Cuban firm Cubaexport, confirmed today (16 April) that sales in 2009 dropped by 3.5% on 2008, coming in at 3.3m nine-litre cases.

The company blamed the fall on “temporary supply issues” in the brand’s domestic market, which accounted for 80% of the decrease. Tough market conditions in Italy and Spain were also cited as having an effect on volumes.

Havana Club enjoyed double-digit growth in 15 of its key markets, however, including France, Sweden, Canada, Belgium and Argentina.

“We have seen that, within the recession, consumers are still spending but are being more discerning with their purchases,” said HCI’s managing director, Marc Beuve-Méry. “We are confident that our sales will increase in line with the global economic recovery.”

Havana Club is the number two international rum brand behind Bacardi outside of the US, where Cuban products are banned due to the trade embargo.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Last week, the latest twist in the long-running legal battle between Pernod and Bacardi saw the French firm lodge an appeal against a US ruling. On Wednesday (7 April), a district court in Wilmington, Delaware, ruled that the origin of Bacardi’s Havana Club rum, which is only available in the US, is “geographically accurate” as the bottle states that the rum is made in Puerto Rico.

Stay informed for just £1! *

Get access to unbiased and data-driven news with a subscription to Just Drinks.

What’s included in your subscription:

  • Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
  • Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot
    beverages
  • Unrivalled drinks industry comment from Dean Best, Jessica Broadbent and leading sector specialists

Have a Subscribtion Sign in

Get help with subscribing or signing in

*30-day digital subscription for £1. Available to new subscribers only