Angostura Ltd has announced that prices for its locally manufactured rums will increase from tomorrow (October 17, 2025), following the Government’s recent rise in excise duty on rum and spirits.

The company said the adjustments are necessary after the excise duty took immediate effect as part of the 2025/2026 National Budget.

In a statement, Angostura described itself as a responsible corporate citizen with more than 200 years of heritage in Trinidad and Tobago, adding that it supports the Government’s efforts to strengthen fiscal sustainability and national development.

According to the company, it has absorbed higher production costs over the years through improved productivity, energy efficiency, and innovation to limit the impact on consumers.

“However, this recent increase in excise duty now requires price adjustments to ensure business continuity and the continued employment of our workforce of over 537 citizens,” Angostura said.

The company reaffirmed its commitment to maintaining the world-class quality of its rums and bitters, supporting the local economy and supply chain, and promoting Trinidad and Tobago’s brands in more than 170 international markets.

Angostura also expressed appreciation to its customers, trade partners, and stakeholders for their continued trust, stating it will continue to operate with transparency and care, balancing national interest with consumer value.

Angostura to increase rum prices after excise duty hike

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