Key Market Indicators
Tobagonian tobacco production is projected to grow, reaching approximately 217 metric tons by 2028, up from around 211 metric tons in 2023. This marks a compound annual growth rate (CAGR) of 0.5%. Historical data shows that since 1966, Tobagonian tobacco supply has increased by 0.6% annually. As of 2023, Tobago holds the 91st position in global tobacco production rankings. Bhutan slightly outpaces Tobago with its output, also at 211 metric tons. Leading the global rankings are India, Brazil, and Zimbabwe, occupying the second, third, and fourth positions respectively.
