LatinNews Daily - 12 May 2022

In brief: Cuban cigars post record growth

* Cuba’s state-owned cigar company, Corporación Habanos, S.A., has released new data for 2021 which shows it obtained turnover of US$568m – an increase of 15% on 2020, which it hailed as an all-time record. According to a statement by the company, Habanos, S.A.’s top five markets in terms of sales volume were Spain, China, Germany, France and Switzerland. By region, Europe remains Habanos’ main market, with 59% of sales volume, followed by Asia Pacific (16%), the Americas (14%), and Africa and the Middle East (11%).

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