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Portugal Tobacco Industry Outlook 2022 - 2026

See how Portugal Tobacco performed compared to key markets such as the United States, Indonesia and the Philippines.

Key Market Indicators

Portuguese tobacco sales are expected to reach $800.26 million by 2026, growing at an average rate of 2.1% year-on-year. Since 2006, the Portuguese market has grown at an average rate of 4.1% year-on-year. In 2021, the country ranked 13th, with Brazil overtaking with $705.25 million. Indonesia, the Philippines and Poland respectively came 2nd, 3rd and 4th in this ranking. In 2019, Portuguese tobacco production totalled 90 metric tons, the same as in 2018. Since 1966, Portuguese supply has decreased by 17% year-on-year. The country ranked 113th, with Guyana overtaking at 90 metric tons. India, Brazil and Zimbabwe respectively came 2nd, 3rd and 4th in this ranking. Since 2019, Portuguese demand has decreased by 3.3 points year-on-year. The country ranked 24th, with Ireland coming in ahead with 14.2% of persons aged 15+ who are daily smokers. Russia, Greece and Hungary respectively came 2nd, 3rd and 4th in this ranking.

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Portugal Tobacco Market Data and Forecasts