Oliva Announces 2024 Price Increase

Oliva Cigar Co. has announced that it will increase the prices of its products by either 5 percent or 7 percent, effective Jan. 15, 2024.

In a letter to retailers, the company cited a variety of issues as the reason for the price increases. “As I’m sure you are aware, inflation over the last year has been remained sticky not only in the USA, but overseas as well,” said the letter, which was sent from “The Oliva Family.” “The cost of labor in Nicaragua has increased heavily and thanks to the El Nino weather pattern long periods of heavy rains have made for a challenging growing season.”

The following lines will increase by 5 percent:

• Cain
• Flor de Oliva
• Oliva Master Blends 3
• NUb
• Samplers

The following lines will increase by 7 percent:

• Gilberto Oliva
• Oliva Connecticut Reserve
• Oliva Serie G
• Oliva Serie O
• Oliva Serie V
• Oliva Serie V Melanio

These changes only affect the U.S. market. Last month, Oliva informed its international distributors of price increases, some of which will take effect on Jan. 1 though the Serie V and Serie V Melanio increases have already gone into effect in some markets.

While a select group of companies—notably Altadis U.S.A. and Davidoff of Geneva USA—announced price increases in Q3 and earlier in Q4, most cigar companies announce their price increases around the new year. Below is a list of companies that have announced whether they will have a price increase heading into 2024.

Company	Price Increase?
ADV & McKay Cigar Co.	Yes
AGANORSA Leaf	Yes
AJ Fernandez	Yes
All Saints Cigars	Yes
Altadis U.S.A.	Yes
Altezas Reales 1871	Yes
Arango	No
Artesano del Tobacco	No
ATL Cigar Co.	No
Bellatto Premium Cigars	Yes
Black Label Trading Co.	Yes
Black Star Line Cigars	No
Boveda	Yes
Caldwell Cigar Co.	Yes
Casa Caraballo	No
Casa Cuevas	Yes
Colibri	No
Crowned Heads	No
Dapper Cigar Co.	Yes
Davidoff of Geneva	Yes
Drew Estate	Yes
E.P. Carrillo	Yes
El Septimo	No
Espinosa Premium Cigars	No
Esteban Carreras	Yes
Fosforo	Yes
Freud Cigar Co.	No
Habanos S.A.	Yes
HVC	Yes
Iconic Leaf	No
Jake Wyatt Cigar Co.	No
Kafie 1901	No
KBF	No
Kristoff	No
La Aurora	Yes
Lampert Cigars	No
Lost&Found	Yes
Lotus/Vertigo	No
My Father	No
Ohana Nui	No
Oliva	Yes
Patina	Yes
Perdomo	Yes
Potter Cigars	No
Powstanie	Yes
Principle Cigars	No
Rocky Patel	Yes
RoMa Craft Tobac	Yes
Santa Clara	No
Sinistro	Yes
Somm	No
Southern Draw	Yes
Stolen Throne	No
Sutliff	No
Tabanero Cigar Co.	No
Tatuaje	No
Vector-KGM	No
Villiger Cigars North America	Yes
Warfighter Cigar Co.	No
Plasencia	Yes