Rocky Patel Increasing Prices for 2023

Last week, Rocky Patel Premium Cigars, Inc. informed its retailers of an upcoming price increase that will take effect on Jan. 2, 2023.

While not every line will increase in price, most of the company’s lines will increase. Overall, the price increase amounts to a 4.87 percent increase per halfwheel’s comparison of the 2022 and 2023 price lists.

“Due to increased costs associated with the production, tobacco, and transportation of our products we are required to administer a cost adjustment on all Rocky Patel branded cigars as well as all Private Label cigars and Accessories effective on January 2, 2023,” said Rocky Patel, founder of Rocky Patel Premium Cigars, Inc., in a letter to retailers.

With very few exceptions, if a cigar’s price is increasing, it is doing so by 5-6 percent.

The following lines are not increasing in price:

• DBS
• Hamlet 2020
• Hamlet 25th Anniversary
• Liberation by Hamlet Paredes
• Tabaquero by Hamlet Paredes

DBS is one of three new lines Rocky Patel introduced this year and began shipping last week. Interestingly, the other two new lines for the company—The 1865 Project and The Edge 20th Anniversary—will be increasing for 2023.

It is widely expected that most cigar companies will be increasing prices next year, 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 is a look 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
Bellatto Premium Cigars	Yes
Bocock Brothers	Yes
Caldwell	Yes
CLE	Yes
Crowned Heads	Yes
Crux	Yes
D'Crossier	No
Davidoff	Yes
Drew Estate	Yes
Dunbarton Tobacco & Trust	Yes
E.P. Carrillo	Yes
Epic	No
Espinosa Premium Cigars	Yes
Esteban Carreras	No
Fable	No
Favilli	No
Ferio Tego	No
Forged Cigar Co.	Yes
Foundation Cigar Co.	No
Fuerte y Libre	Yes
Garo	No
General Cigar Co.	Yes
Gran Habano	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 Palina	Yes
La Sirena	No
Lost&Found	Yes
Lotus/Vertigo	No
Luciano Cigars	No
Maya Selva Cigars	Yes
Miami Cigar & Co.	No
My Father Cigars	No
Oscar Valladares Tobacco & Co.	Yes
Oveja Negra Brands	No
Paul Garmirian	Yes
PDR Cigars	No
Perdomo	Yes
Platinum Nova	No
Plasencia Cigars	Yes
Powstanie	Yes
Quality Importers Trading Co.	No
Rocky Patel	Yes
Rojas Cigars	Yes
Sinistro Cigars	Yes
Southern Draw	No
Vintage Rock-A-Feller	No