Dominican Republic: Cigars And Cigarillos Market 2025

Cigars And Cigarillos Market Size in the Dominican Republic

The Dominican cigars and cigarillos market expanded markedly to $X in 2022, surging by 14% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -8.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cigars And Cigarillos Production in the Dominican Republic

In value terms, cigars and cigarillos production shrank to $X in 2022 estimated in export price. In general, production, however, enjoyed a measured increase. The pace of growth appeared the most rapid in 2014 with an increase of 35% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Cigars And Cigarillos Exports

Exports from the Dominican Republic

In 2022, approx. X tons of cigars, cheroots and cigarillos were exported from the Dominican Republic; waning by -20.7% compared with the previous year. Over the period under review, exports, however, saw modest growth. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cigars and cigarillos exports declined to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.9% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The United States (X tons) was the main destination for cigars and cigarillos exports from the Dominican Republic, accounting for a approx. 95% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +2.0%.

In value terms, the United States ($X) also remains the key foreign market for cigars, cheroots and cigarillos exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +7.2%.

Export Prices by Country

In 2022, the average cigars and cigarillos export price amounted to $X per ton, surging by 10% against the previous year. Over the period under review, the export price showed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 127% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.1% per year.

Cigars And Cigarillos Imports

Imports into the Dominican Republic

In 2022, approx. X tons of cigars, cheroots and cigarillos were imported into the Dominican Republic; with a decrease of -29.5% against the previous year. In general, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 143%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cigars and cigarillos imports shrank remarkably to $X in 2022. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 283% against the previous year. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2022, Honduras (X tons) constituted the largest supplier of cigars and cigarillos to the Dominican Republic, with a 48% share of total imports. Moreover, cigars and cigarillos imports from Honduras exceeded the figures recorded by the second-largest supplier, Nicaragua (X tons), threefold. The United States (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Honduras amounted to +59.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (+62.1% per year) and the United States (-10.4% per year).

In value terms, Honduras ($X) constituted the largest supplier of cigars, cheroots and cigarillos to the Dominican Republic, comprising 43% of total imports. The second position in the ranking was held by the United States ($X), with a 19% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Honduras totaled +58.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.8% per year) and Germany (+31.7% per year).

Import Prices by Country

The average cigars and cigarillos import price stood at $X per ton in 2022, dropping by -10.6% against the previous year. Overall, the import price, however, showed a slight expansion. The growth pace was the most rapid in 2020 when the average import price increased by 134% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Cuba ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+158.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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