The 2013 Import and Export Market for Cigars, Cheroots, and Cigarillos Made with Tobacco in Nicaragua

On the demand side, exporters and strategic planners focusing on cigars, cheroots, and cigarillos made with tobacco in Nicaragua face a number of questions. Which countries are supplying cigars, cheroots, and cigarillos made with tobacco to Nicaragua? How important is Nicaragua compared to others in terms of the entire global and regional market? How much do the imports of cigars, cheroots, and cigarillos made with tobacco vary from one country of origin to another in Nicaragua? On the supply side, Nicaragua also exports cigars, cheroots, and cigarillos made with tobacco. Which countries receive the most exports from Nicaragua? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for cigars, cheroots, and cigarillos made with tobacco in Nicaragua. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for cigars, cheroots, and cigarillos made with tobacco for those countries serving Nicaragua via exports, or supplying from Nicaragua via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where Nicaragua fits into the world market for imported and exported cigars, cheroots, and cigarillos made with tobacco. The total level of imports and exports on a worldwide basis, and those for Nicaragua in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent