Key Market Indicators
Montenegro's tobacco production is anticipated to decline to approximately 173 metric tons by 2028, down from 204 metric tons in 2023. This represents a yearly decrease of 2.6% in compound annual growth rate (CAGR). Since 2011, Montenegro's tobacco supply has experienced a consistent annual drop of 3%. In 2023, the country was ranked 92nd in global tobacco production. Mauritius, producing 204 metric tons, surpassed Montenegro in the rankings this year. Leading the global rankings are India, Brazil, and Zimbabwe, holding the second, third, and fourth positions, respectively.
