For the forecasted period, steady growth is anticipated in cigars. Maintaining its premium positioning, Cuban cigars will continue to be the most relevant and recognised, along with Dominican cigars.
Production of domestic cigars is likely to improve in the forthcoming years, as there is a strong interest in recovering the tobacco economy in Colombia. The local industry was severely affected when British American Tobacco and Philip Morris International decided to import cigarettes instead of producing in the country.
The sales outlook for pipe tobacco and fine cut tobacco is not optimistic. The high prices of both products will discourage sales in the forthcoming period, with pipe tobacco and roll-your-own cigarettes considered more of an experience for a limited number of consumers.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cigars, Cigarillos and Smoking Tobacco industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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