Cigars from Nicaragua

After exporting 120 million cigars in 2012, Nicaraguan tobacco companies aim to reach 150 million units in sales in 2013.

Friday, January 11, 2013

If the sale goal is achieved, Nicaragua will have positioned itself as the leading exporter of cigars, removing the Dominican Republic from the top position.

An article in reports that Fredman Torrez, a member of the Association of Nicaraguan Cigar Makers, said that "in 2011 102 million units were sold abroad, in 2012 120 million were exported and this year its is predicted that 150 million cigars will be sold abroad. "

To add value to the cigars produced in Nicaragua, tobacco producers in Estelí are planning to produce organic tobacco, without using chemical processes during the cultivation and production of each handmade cigar.

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There are 70 cigar factories in the country that produce close to 5,000 brands, and the sales they make to the U.S. surpassing the sales made in that country by companies from the Dominican Republic and Honduras.

Figures from the Cigar Association of America indicate that in 2018 Nicaragua exported 140 million cigars to the North American country, a figure surpassing the 95 million sold by companies in the Dominican Republic and the 75 million exported by Honduras. However, the goal of the Nicaraguan industry is to gain a greater presence in Europe, a market that until now has been dominated by products from Cuba.

Nicaragua: Tobacco Exports Up 19%

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Premium cigars led Nicaraguan tobacco sales abroad in the first half of the year, registering a 19% increase over the same period in 2016.

Due in part to the promotion of several cigar brands that entered the US market before the first half of last year, tobacco sales increased from $81.7 million in the first half of 2016 to $96.9 million in the same period this year. 

Nicaragua: Tobacco Exports Up 11%

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In 2016 foreign sales of cigars grew by 11% over 2015, reaching $178 million, of which 84% were destined for the US market.

Figures from the General Directorate of Customs indicate that Honduras and Germany rank second and third in the list of target markets for Nicaraguan cigars. Between 2014 and 2016, growth was 10%, going from $148 million to $178 million.

The Cigar Industry in Nicaragua

May 2012

This economic activity generated $95 million in 2012 and has shown sustained growth in recent years.

In 2011, sales of Nicaraguan cigars -102 million units, totaled $95 million. The U.S. is the main market, where 95% of production goes.

In Nicaragua there are 25 cigar factories that create 15,000 direct jobs and 22,000 indirect jobs, mostly in the northern region, mainly in Esteli, said the secretary of the Nicaraguan Cigar Association, Leonel Raúdez to