Key Market Indicators
Paraguay's tobacco production is projected to decline to approximately 6,580 metric tons by 2028, down from about 6,800 metric tons in 2023. This represents an average annual decrease of 0.5%. Historical data shows that since 1966, Paraguay's tobacco supply has diminished by an average of 0.1% per year. In the global rankings for 2023, Paraguay held the 45th position, having been overtaken by Croatia, which also produced around 6,800 metric tons. Leading the global rankings, India, Brazil, and Zimbabwe occupied the second, third, and fourth positions, respectively.
