Key Market Indicators
Malawi's tobacco production is projected to decline to approximately 81,000 metric tons by 2028, down from around 91,000 metric tons in 2023. This represents an annual compound growth rate (CAGR) drop of 1.8%. Historical data indicates a consistent decrease in production, with Malawian tobacco supply shrinking by 0.9% annually since 1966. As of 2023, Malawi ranks 14th globally in tobacco production. North Korea slightly edges out Malawi in the rankings with a similar production level of about 91,000 metric tons. Leading the global rankings are India, Brazil, and Zimbabwe, occupying the second, third, and fourth positions, respectively.
