Large cigars have been gradually losing ground to standard varieties in Costa Rica in recent years, and this trend looks set to persist over the forecast period. Given that they retail at higher price points, migration away from large products is partly explained by increased budget-consciousness among local cigar aficionados and visiting tourists alike following the recent spike in global inflation.
Pipe tobacco is expected to be the weakest performer within cigars, cigarillos and smoking tobacco in retail volume growth terms over the forecast period. Costa Rica does not have a strong pipe-smoking culture, with these products mainly being purchased by older adults who only smoke occasionally and foreign tourists visiting the country.
Imported products will remain dominant in cigars in Costa Rica over the forecast period. However, with both local consumers and foreign tourists having recently become more cautious in their spending habits due to the rising cost of living, cheaper brands from domestic manufacturers should continue to gain ground in the category.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Costa Rica with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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