Latvia Cigar Industry Outlook 2022 - 2026

See how Latvia Cigar performed compared to key markets such as the Dominican Republic, Myanmar and Nicaragua.

Key Market Indicators

The country came in number 28 in 2021, Myanmar came ahead with 129,290 Kilograms. Nicaragua, Germany and Malaysia respectively came in numbers 2, 3 and 4 in this ranking. Latvian cigar exports are expected to reach around 48,000 kilograms by 2026, falling by a yearly average of 2.5%. This marks a 2.8% drop since 1999. In 2021, Latvia was ranked 26th in the global market, with 55,090 kilograms. Malaysia topped the ranking, followed by Myanmar, Nicaragua and Germany. Latvian cigar imports are set to reach 151,000 kilograms by 2026, increasing at an average yearly rate of 2.6%. Since 1999, the demand for cigars in Latvia has risen by 1.4%. In 2021, Myanmar took the lead with 129,290 kilograms, followed by Nicaragua, Germany and Malaysia.

Latvia Cigar Market Data and Forecasts

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