Key Market Indicators
Argentinian tobacco production is projected to decline to 95,000 metric tons by 2028, down from approximately 101,000 metric tons in 2023. This represents a year-on-year compound annual growth rate (CAGR) decrease of 0.9%. Since 1966, Argentina's tobacco supply has been decreasing at an average rate of 0.6% per year. In the global rankings for 2023, Argentina held the 12th position, with Pakistan narrowly ahead at around 101,000 metric tons. Leading the rankings, India secured the top spot, followed by Brazil and Zimbabwe in second and third places, respectively.
