Blanco Cigar Co. has increased the prices of its entire portfolio by 7 percent.
In an email to halfwheel, David Blanco, the company’s president and ceo, said that after not increasing prices for three years, the company was forced to change its pricing for 2021. He added that because it’s been numerous years since the last price increase, he believes his company’s cigars are still relatively affordable compared to the rest of the cigar market.
In the last 45 days, many cigar companies have announced price increases, oftentimes citing increased costs related to raw materials, labor and/or transport and logistics.
The following chart is a live look at what companies have announced price increases or no price increase for 2022.