Premium Cigar Imports Fall

[El Presidente]

 

https://www.cigaraficionado.com/article/premium-cigar-imports-fall-down-5-percent-through-april

"Lead producer Nicaragua exported 74.6 million handmade cigars to the United States for the first four months of the year, down 10 percent over 2025 numbers. The surprise development here was Honduras. It not only posted a 14 percent gain from last year, but it ranked No. 2 in overall volume with 22.9 million cigars, bumping the Dominican Republic down to the No. 3 spot."

[Dlowil]

Fabrica 5 single-handedly lifting Nicaragua to the #2 spot! Any additional insight into what’s driving the Honduran growth?

[El Presidente]

Several Nicaragua players have moved all or part of their production from Esteli (Nicaragua) to Danli Honduras over the past 2 years. The Trump administration has a fractious relationship with the Nicaraguan govt. Political risk for Nicaraguan producers is "high".