Perdomo Announces Price Increases for 2023

Citing continuous cost increases in manufacturing, Perdomo Cigars has announced a number of price increases to its portfolio that will go into effect as of Jan. 1, 2023.

The Perdomo Fresco line is seeing the smallest increase, as its wholesale price is scheduled to increase by 15 cents per cigar. The Perdomo Inmenso Seventy will see the largest increase, at 50 cents per cigar, while the Double Aged 12 Year Vintage will increase by 37.5 cents per cigar at the wholesale level.

Rounding out the increase are the 20th Anniversary, Reserve 10th Anniversary, Habano Bourbon Barrel Aged, and Lot 23 lines, as well as the Humidified Bags lines, all of which will increase by 25 cents.

In a letter to retailers, Nick Perdomo Jr., president and ceo of Perdomo Cigars, said that “regardless of today’s challenges, our strategy is to keep our cigars at price points that will protect you and your customers.”

For consumers wondering how this increase will affect the price at the register, it will vary from state to state. In many states, tobacco taxes are a percentage of the wholesale price, while in other states it is a flat rate regardless of the wholesale price.

The following chart is a look at what companies have announced price increases or no price increases for 2023.

Patrick Lagreid

I strive to capture the essence of a cigar and the people behind them in my work – every cigar you light up is the culmination of the work of countless people and often represents generations of struggle and stories. For me, it’s about so much more than the cigar – it’s about the story behind it, the experience of enjoying the work of artisans and the way that a good cigar can bring people together. In addition to my work with halfwheel, I’m the public address announcer for the Colorado Rockies and Arizona Diamondbacks during spring training, as well as for the Salt River Rafters of the Arizona Fall League, the WNBA's Phoenix Mercury and previously the Arizona Rattlers of the Indoor Football League. I also work in a number of roles for Major League Baseball, plus I'm a voice over artist. Prior to joining halfwheel, I covered the Phoenix and national cigar scene for Examiner.com, and was an editor for Cigar Snob magazine.