Key Market Indicators
Indonesia is set to export 4 million kilograms of cigars by 2026, up 2.4% yearly on average. This growth began in 1994, and has increased 5.6% every year since then. In 2021, Indonesia ranked 6th in worldwide cigar exports, while Belgium took the lead with 3.5 million kilograms. Myanmar, Nicaragua and Germany were second, third, and fourth, respectively. Indonesia is also set to import 407,000 kilograms of cigars by 2026, up 3.4% yearly on average. This demand has been on the rise since 1994, with a yearly growth of 9.6%.
Indonesia Cigar Market Data and Forecasts
How much will Indonesia Cigar Market grow to 2026?
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Cigar Market: A Comprehensive Analysis of Luxury, Flavors, and Emerging Trends
The current innovation in the tobacco sector underpins a growing trend towards premiumization within the cigar market. As customers become progressively more urbane, they have shown a predilection for luxury and extravagant cigars. This is typically because such products are seen as a symbol of status and prestige, a trend...
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