Key Market Indicators
Cigar imports and exports in South Africa are set to decline over the next five years. Import of cigars to South Africa is expected to decrease from 32,520 kilograms in 2021 to 25,690 kilograms by 2026, at an average rate of 4% year on year. Since 2005, South African demand has decreased by an average of 3.4% year on year. South African cigar exports will also decrease from 35,570 kilograms in 2021 to 19,580 kilograms by 2026, a CAGR of 9.9% year on year. Since 2005, South African supply has decreased by 13.1% year on year. In 2021, Chile overtook South Africa as the leading exporter, with 35,570 kilograms. Myanmar, Nicaragua, and Germany were the next three top exporters respectively.
