Key Market Indicators
Omani tobacco production is projected to decline slightly in the coming years, with estimates indicating a decrease from 1,150 metric tons in 2023 to around 1,130 metric tons by 2028. This represents a year-on-year compound annual growth rate (CAGR) of -0.3%. This downturn continues a long-term trend, as Omani tobacco supply has been decreasing at an annual rate of 0.3% since 1971. In the global rankings for 2023, Oman holds the 74th position in tobacco production, closely trailing Bolivia, which reported 1,150 metric tons. On the international stage, India, Brazil, and Zimbabwe occupy the second, third, and fourth spots, respectively, in tobacco production rankings.
