Key Market Indicators
Ecuador’s tobacco production is forecasted to decline significantly over the next five years. By 2028, the country's output is expected to drop to approximately 3,340 metric tons, down from about 4,240 metric tons in 2023. This represents an average annual decrease of 3.8%. Historically, Ecuador's tobacco supply has been on a downward trajectory, decreasing by an average of 7.6% per year since 1966. In the global rankings for 2023, Ecuador was positioned at number 53, with Ivory Coast surpassing it by producing the same amount of 4,240 metric tons. Leading the global tobacco production rankings, India, Brazil, and Zimbabwe secured the second, third, and fourth positions, respectively.
