Key Market Indicators
Mexico's tobacco production is expected to dip slightly by 0.6% year on year from 16,200 metric tons in 2021 to 15,600 metric tons by 2026. Since 1966, the country's supply has increased by 0.4% year on year, and it ranked 31st in 2021, while Canada topped the list at 16,200 metric tons. India, Brazil and Zimbabwe occupied the second, third and fourth spots, respectively. Sales of Mexican tobacco are predicted to plunge by 1.2% year on year from $2,710 million in 2021 to $2,520 million by 2026. Since 1995, the market has increased by 0.2% year on year and was placed 6th in 2021, with India leading at $2,710 million. Indonesia, the Philippines and Poland took the second, third and fourth spots, respectively. Since 2006, Mexican demand has dropped by 8.4 points year on year.
