Key Market Indicators
Thai tobacco production is projected to reach approximately 66,400 metric tons by 2028, a slight decline from the current 66,500 metric tons in 2023. This represents a stagnant year-on-year average rate of change. Historical data indicates that since 1966, Thailand's tobacco supply has experienced a modest annual decrease of 0.2%. In the global rankings for 2023, Thailand secured the 15th position, narrowly trailing Malawi, which also produced around 66,500 metric tons. India, Brazil, and Zimbabwe are the frontrunners in this sector, occupying the second, third, and fourth spots, respectively.
