Key Market Indicators
Sri Lanka's tobacco production is projected to reach approximately 11,500 metric tons by 2028, up from around 9,800 metric tons in 2023. This marks an annual growth rate of 2.4%. Since 1966, the country's tobacco supply has seen a significant increase, averaging a 10.8% year-on-year rise. In 2023, Sri Lanka ranked 38th globally in tobacco production, trailing Greece, which also produced roughly 9,800 metric tons. India, Brazil, and Zimbabwe secured the top three positions in the global ranking, highlighting their dominance in the tobacco industry.
