Brazil Tobacco Industry Outlook 2022 - 2026

Key Market Indicators

By 2026, Brazilian tobacco consumption is forecast to drop by 3.2 points from 2021's 8.9 percent of persons aged 15 and older who are daily smokers. Over the last 13 years, the demand has decreased by an average of 2.7 points each year. Currently ranked 34th, Brazil lags behind India, which has 8.9 percent of its population smoking daily. Russia, Greece and Hungary follow in the rankings. Tobacco sales in Brazil are estimated to decrease by 12.5 percent CAGR between 2021 and 2026, from $681.28 million to $320.36 million. Since 2013, the market has been contracting at a rate of 6.9 percent year on year. In the 2021 rankings, Brazil came in 14th, while Egypt topped the list with $681.28 million. Indonesia, the Philippines and Poland were second, third, and fourth respectively. Production of tobacco in Brazil is expected to drop by a marginal 0.3 percent year on year on average between 2021 and 2026, from 766,620 metric tons to 754,740 metric tons. Since 1966, the country's supply has been growing at a rate of 2.5 percent year on year. In the 2021 rankings, Brazil was third, behind India at 766,620 metric tons. India, Brazil and Zimbabwe were numbers two, three and four respectively.

Brazil Tobacco Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

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• Tobacco Industry: An Insightful Perspective on Its Global Sway and Consumer Trends

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• Tobacco Industry: Unmasking Powerhouse Players and Their Market Influence

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• Tobacco Sector: An Intriguing Diversification and Development Across Global Companies

  Global entities in the tobacco industry have primarily moved beyond the traditional cigarette business, by embracing diversification strategies. They have initiated product innovation, ushering in a proliferation of novel products such as electronic cigarettes and heated tobacco products. Incorporating these offerings facilitates business growth and revenue enhancement, despite a declining...

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