Key Market Indicators
Cuban tobacco production is on track to hit approximately 30,740 metric tons by 2028, up from around 29,270 metric tons in 2023. This marks an annual growth rate of 0.8%, according to the Compound Annual Growth Rate (CAGR). However, historical data indicates a slight decline in Cuban tobacco supply, with a decrease of 0.5% year-on-year since 1966. In 2023, Cuba ranked 21st globally in tobacco production. Italy was just ahead of Cuba with a similar output of around 29,270 metric tons. Leading the global rankings are India, Brazil, and Zimbabwe, placing second, third, and fourth respectively in tobacco production.
