Premium Cigar Imports Slowed in January

From Rich Perelman at CigarCyclopedia:

After the superheated end to a 2004 which saw imports of premium cigars surpass 300 million, imports cooled in January 2005.

Figures reported by the Cigar Association of America showed that January imports of premium cigars from the 10 major exporting countries dropped by 15.2% from 11.34 million sticks in 2004 to 9.62 million. It’s a small decrease, almost all of it from the Dominican Republic, where imports dropped by more than 38% year-over-year.

The CAA also noted that premium cigar imports for all of 2004 were revised to 304,535,000 after all machine-made cigars from the Dominican Republic were accounted for. It’s still the largest import total since the last year of the Cigar Boom in 1998.

Posted on Wednesday, April 6th, 2005 at 6:48 pm.