Key Market Indicators
Chilean tobacco production is projected to decline over the next five years, dropping from 6,480 metric tons in 2023 to approximately 6,160 metric tons by 2028. This represents an annual decrease of about 0.8%, according to recent data. Despite this expected downturn, Chile has experienced a steady increase in tobacco supply over the decades, with an average annual growth rate of 2.6% since 1966. In the global context, Chile ranked 47th in tobacco production in 2023. Nicaragua matched Chile's production at 6,480 metric tons, surpassing it slightly in the rankings. Leading the global production were India, Brazil, and Zimbabwe, occupying the second, third, and fourth positions respectively.
