Prices for CLE and Asylum cigars will increase next month.
Effective Feb. 1, the MSRPs of each brand’s cigars will increase by approximately 40 cents per cigar except for the Asylum Schizo line, which is increasing by just 20 cents per cigar.
“We were able to keep this increase low due to cost cutting measures that have been implemented since October, 2022,” said Christian Eiroa and Tom Lazuka in a letter to retailers. “We are focused on keeping your customer happy and the last thing we want is to give them sticker shock.”
It is widely expected that most cigar companies will be increasing prices in or around early 2023, most of which are likely to be announced in the first quarter of the year as that is when most companies traditionally make these announcements. Reasons for these increases include increased costs for tobacco and packaging, increased competition for labor, general inflation, and mirroring competitors’ price adjustments.
The following chart looks at what companies have announced price increases or no price increases for 2023.
Company | Price Increase? |
---|---|
AJ Fernandez | No |
Alec Bradley | Yes |
All Saints Cigars | Yes |
Battleground | No |
Bocock Brothers | Yes |
CLE | Yes |
D'Crossier | No |
Davidoff | Yes |
Drew Estate | Yes |
E.P. Carrillo | Yes |
Epic | No |
Espinosa Premium Cigars | Yes |
Fable | No |
Favilli | No |
Ferio Tego | No |
Foundation Cigar Co. | No |
Garo | No |
Habanos S.A. | Yes |
Howard G Cigars | No |
Iconic Leaf | Yes |
Illusione | No |
J.C. Newman | Yes |
Karen Berger | No |
La Flor Dominicana | No |
La Sirena | No |
Lotus/Vertigo | No |
Miami Cigar & Co. | No |
My Father Cigars | No |
Oscar Valladares Tobacco & Co. | Yes |
Oveja Negra Brands | No |
PDR Cigars | No |
Perdomo | Yes |
Platinum Nova | No |
Quality Importers Trading Co. | No |
Rocky Patel | Yes |
Rojas Cigars | Yes |
Southern Draw | No |
Vintage Rock-A-Feller | No |