Key Market Indicators
Bulgarian tobacco production plummeted by two-thirds in 2021, compared to the year before. Since 1966, Bulgaria has seen a 41.5% year-on-year drop in supply. In 2021, the country ranked 81st, with Ecuador surpassing it with 1,040 metric tons of tobacco. India, Brazil and Zimbabwe were the top three producers. In terms of sales, Bulgaria is expected to see a 9.5% year-on-year decrease, from $45.18 million in 2021 to $25.51 million by 2026. Since 2002, the Bulgarian market has been declining at a rate of 2.9% annually. In 2021, Bulgaria was ranked 41st, with Macedonia taking the lead at $45.18 million. Indonesia, the Philippines and Poland filled out the top four.