Habanos S.A. New Price Wave 2024

[Salomones]

This year it starts in Spain. The new prices were published last weekend.

Cohiba, BHK and other high-priced editions increase by around 5%.

Regular/Standard between 10-15%. Exceptions here are Piedras, Rafael Gonzalez and Quintero with ~5%.

Only Trinidad remains exactly stable in price.

[Pmo13]

Glad I snuck in one more box last night. I can only imagine what’s going to happen when the repercussions of Hurricane Ian are fully felt on supply. Got a few hundred CCs squirreled away, but it’s probably gonna be 5:1-10:1 NCs from here on out.

When then well runs dry, it stays dry.

[El Presidente]

On 1/10/2024 at 6:17 AM, Salomones said:

This year it starts in Spain. The new prices were published last weekend.

Cohiba, BHK and other high-priced editions increase by around 5%.

Regular/Standard between 10-15%. Exceptions here are Piedras, Rafael Gonzalez and Quintero with ~5%.

Only Trinidad remains exactly stable in price.

I haven't been notified as yet. 

Then again I am refusing to open the PCC emails until Monday  

[Marco_011t556]

10-15%？？Kills me.

[Lunettesman]

Well... In Switzerland prices have hiked January 1st. I didn't know. Wanna know the new price?

Box of D4 is 602 swiss franc. Which is about 700usd...

For the rest. Happy new year. 

[Lt4-396]

Sadly, I am at the point that I no longer care. I've been priced out for a bit, while I still purchase "affordable" favorites I can no longer or want to purchase like I did in the past. I already have enough for my lifetime and honestly, with the new FOH releases I'm reaching for Cubans less and less and the cubans I do smoke are custom rolls.

The next few years should be interesting regarding supply/demand and forced scarcity.

I truly feel for those just getting started or have yet to build up a sizable inventory. I just couldnt do it at todays prices, especially when you consider the % of duds or straight unsmokable cigars per box/cab and that is regular production, forget about RE's/EL's.

[Arabian]

Remember the price increase is to make sure the quality of Cuban tobacco remains excelente. You don't want a plugged stick right? 

 

 

🙂

[jazzboypro]

At this point I don't care if it's $700/box or $10000/box. My wife is going to Cuba next month, she'll try to find some decent cigars for me and that will surely be my last CC purchase. Sadly no matter the price there will always be enough people with enough money to buy them.

[LLC]

I could keep buying and was still buying until last fall even though I have more Cuban cigars than I’m going to need. But, when it gets to the point where you feel your being asked to bend over every time you make a purchase, I’ll just enjoy what I have and not have to worry about buying more.


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[Salomones]

Today, distributors in Germany got new pricelist for 1th of March.

Same increases like Spain few weeks ago.

F. E. a D4 will be 19,5€ 🫣

 

[dangolf18]

Man these price increases are relentless....at least we had it good for so many years. Just wish I didn't it for granted. 

[ha_banos]

We're seeing 600£+ discounts being offered on Cohiba Medio Siglo over here. I mean, still crazy big prices after discount! But it's happening.

[Rhinoww]

This is nuts. 
I was just bidding on a watch and dropped out at a cost below a box of mid-ranged Cuban sticks. A box would last me two months, likely less. The watch, a lifetime. And the watch will always have a resale value. 
Nuts. 
I will remember the good times fondly. 
Another 10-15% when global inflation is running low single digits is just a wow moment. Makes one take stock. 

[LizardGizmo]

Halfwheel did a percentage analysis of the increases:

Bolívar — 10.32 percent
Cohiba — 4.58 percent
Cuaba — 22.39 percent
Diplomáticos — 5.34 percent
Fonseca — 4.84 percent
H. Upmann — 10.37 percent
Hoyo de Monterey — 10.24 percent
Jose L. Piedra — 6.56 percent
Juan López — 6.95 percent
La Flor de Cano — 5.74 percent
La Gloria Cubana — 5.33 percent
Montecristo — 9.75 percent
Partagás — 8.58 percent
Por Larrañaga — 5.48 percent
Punch — 10.41 percent
Quai d’Orsay — 10.37 percent
Qunitero — 4.3 percent
Rafael González — 6.07 percent
Ramón Allones — 10.4 percent
El Rey del Mundo — 6.16 percent
Romeo y Julieta — 9.95 percent
San Cristóbal de la Habana — (12.94) percent
Sancho Panza — 5.79 percent
Trinidad — 7.41 percent
Vegas Robaina — 5.41 percent
Vegueros — 4.27 percent

[Biggerfaster40]

At least y’all have large piles of old priced Cubans. I got into this a few months ago. It’s probably too painful to even get into it at this point. Bummer


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[MrBirdman]

1 hour ago, LizardGizmo said:

Halfwheel did a percentage analysis of the increases:

Bolívar — 10.32 percent
Cohiba — 4.58 percent
Cuaba — 22.39 percent
Diplomáticos — 5.34 percent
Fonseca — 4.84 percent
H. Upmann — 10.37 percent
Hoyo de Monterey — 10.24 percent
Jose L. Piedra — 6.56 percent
Juan López — 6.95 percent
La Flor de Cano — 5.74 percent
La Gloria Cubana — 5.33 percent
Montecristo — 9.75 percent
Partagás — 8.58 percent
Por Larrañaga — 5.48 percent
Punch — 10.41 percent
Quai d’Orsay — 10.37 percent
Qunitero — 4.3 percent
Rafael González — 6.07 percent
Ramón Allones — 10.4 percent
El Rey del Mundo — 6.16 percent
Romeo y Julieta — 9.95 percent
San Cristóbal de la Habana — (12.94) percent
Sancho Panza — 5.79 percent
Trinidad — 7.41 percent
Vegas Robaina — 5.41 percent
Vegueros — 4.27 percent

Thanks for posting - readers should note that these are the average of the % increase, and do not include cigars without a price change (few that there are). That’s why Trini is 7% - though only the short went up, by 10 cents. 

What the list does confirm is that the “Global Pricing Strategy” for Cohiba/Trini is officially dead (in reality it was always DOA). HK taxes went up way more than 4% and will probably get another significant hike in the next 12-18 months. 

[mater3333]

Here’s the halfwheel article from earlier today. https://halfwheel.com/cuban-cigar-prices-increase-for-2024/434044/

[Salomones]

In Spain and Germany Trinidad 0%.

[ha_banos]

14 minutes ago, Salomones said:

In Spain and Germany Trinidad 0%.

That list is Spanish pricing analysis.

I'm honestly beyond surprised and caring any more. Just follow for the chit chat. Like soccer.

[Namisgr11]

Buying vintage becomes a more and more attractive option, provided their prices don't also skyrocket like the current releases.

[ha_banos]

19 minutes ago, Namisgr11 said:

Buying vintage becomes a more and more attractive option, provided their prices don't also skyrocket like the current releases.

Why wouldn't they? Want a box of Talisman?

[Namisgr11]

18 minutes ago, ha_banos said:

Why wouldn't they? Want a box of Talisman?

Well, if consumers continue to buy up all of the new production that Cuba offers along with all of the vintage cigars, both at steadily increasing prices that crush the overall rate of inflation in major consumer countries, then no reason.  But as the example of Trinidad shows, the consumers can reach their limits.

[ha_banos]

15 minutes ago, Namisgr11 said:

Well, if consumers continue to buy up all of the new production that Cuba offers along with all of the vintage cigars, both at steadily increasing prices that crush the overall rate of inflation in major consumer countries, then no reason.  But as the example of Trinidad shows, the consumers can reach their limits.

Over here seeing Cohiba being discounted a lot more heavily than Trinidad at the moment interestingly enough. I noted recently a 650£ discount on medio siglo single box. Still a ridiculous price after that. Let's see.

[Nevrknow]

15 minutes ago, ha_banos said:

Over here seeing Cohiba being discounted a lot more heavily than Trinidad at the moment interestingly enough. I noted recently a 650£ discount on medio siglo single box. Still a ridiculous price after that. Let's see.

Going to miss those medios. One left 🥲
 

And that was my first WOW Cuban cigar. Sent me down the rabbit hole.

[dangarneau]

Are these prices in effect immediately?