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Tobacco production to increase significantly in Azerbaijan

Business Materials 29 November 2018 15:28

Baku, Azerbaijan, Nov. 29

Sara Israfilbayova - Trend:

In 2018, the manufacturing of tobacco products in Azerbaijan is expected to reach 62.7 million manats, which is 37.5 percent more compared to 2017, reads the concept of socio-economic development of Azerbaijan and forecasts for 2019 and the next three years.

Government forecasts state that tobacco production will increase in subsequent years. Thus, in 2019, this figure will be 76.9 million manats, in 2020 - 94.4 million manats, in 2021 - 115.7 million manats and in 2022 - 141.7 million manats.

Forecasts for production of tobacco products until 2022:

2017

2018

2019

2020

2021

2022

Fermented tobacco (tons)

3,415.9

3,286.7

4,108.3

5,135.4

6,419.3

8,024.1

Cigarettes (million pieces)

1,241.4

2,550.0

2,932.5

3,372.0

3,878.0

4,460.0

Azerbaijani President Ilham Aliyev has signed an order to approve a state program for the development of tobacco industry in 2017-2021.

The program is aimed at the development of tobacco growing and processing industry, meeting the requirement in raw materials of the processing enterprises through producing local products, increasing profitability, export potential and employment of the rural population.

The program envisages expanding the tobacco fields from 3,200 to about 6,000 hectares. In this case, considering the average yield as two tons, Azerbaijan will produce 12,000 tons of dry tobacco annually.

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