Key Market Indicators
Vietnamese tobacco production is projected to decline from 27,000 metric tons in 2023 to approximately 23,000 metric tons by 2028. This forecast represents an average annual decrease of 2.4%. Since 1966, Vietnam's tobacco supply has been diminishing at an average yearly rate of 2.8%. In the global ranking for 2023, Vietnam stood at the 24th position, with Poland surpassing it with a production of 27,000 metric tons. Leading the list were India, Brazil, and Zimbabwe, occupying the second, third, and fourth positions respectively.