In 2023, Italy dominated European raw tobacco production, valuing at 156.9 million euros. Spain, Greece, and Poland followed, with Greece experiencing a significant 15.97% decline year-on-year. France also saw a steep decline of 19.05%. Notably, Hungary gained an 8.49% increase, and Germany showed a modest rise of 2.13%. The Compound Annual Growth Rate over the last five years highlights a mix of declining and stable trends, with varying degrees across countries.
Future trends to watch:
- Potential recovery or further declines in Greece and France based on economic or policy developments.
- Germany and Hungary show potential for gradual increases if current positive trends continue.
- Monitoring policy changes or sustainability initiatives impacting raw tobacco production across Europe.
- Expansion and technological growth in leading countries like Italy may influence future production dynamics.
Top countries in Raw Tobacco Production by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 156.9 | 2023 | 0% | -1.2% | View data |
| 2 | 2 Spain | 58.34 | 2023 | -0.29% | -0.35% | View data |
| 3 | 3 Greece | 54.58 | 2023 | -14.92% | -15.97% | View data |
| 4 | 4 Poland | 50.41 | 2023 | +6.08% | -7.07% | View data |
| 5 | 5 Germany | 18.88 | 2023 | 0% | +2.13% | View data |
| 6 | 6 Croatia | 17.58 | 2023 | -1.18% | -2% | View data |
| 7 | 7 Hungary | 14.32 | 2023 | -7.31% | +8.49% | View data |
| 8 | 8 Bulgaria | 13.39 | 2022 | -34.3% | -15.9% | View data |
| 9 | 9 Switzerland | 13.21 | 2023 | -3.79% | -0.46% | View data |
| 10 | 10 France | 6.73 | 2023 | -37.63% | -19.05% | View data |
