Key Market Indicators
In 2021, the country ranked number 34 in terms of import, Croatia overtook with 4,590 Kilograms. Nicaragua, Germany and Italy respectively were numbers 2, 3 and 4 in this ranking. Bermudian cigar exports are predicted to rise from 335.73 kilograms in 2021 to 446.06 kilograms by 2026, representing a 4.8% year-on-year growth rate. Since 2017, exports have increased by 4.4% annually. In 2021, Bermuda was in 77th place, overtaken by Croatia with 335.73 kilograms. Myanmar, Nicaragua and Germany were the second, third and fourth largest exporters respectively. Meanwhile, imports of Bermudian cigars are estimated to drop from 4,590 kilograms in 2021 to 3,160 kilograms by 2026, equating to a 6.2% year-on-year decrease. Since 2015, demand has grown by 14% annually. In 2021, the country was in the 34th place, with Croatia taking the lead with 4,590 kilograms. Nicaragua, Germany and Italy were the second, third and fourth largest importers respectively.
