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Source: British American Tobacco Investor Relations This dividend structure creates a lumpy payout stream that is undesirable for investors who desire steady, predictable income

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doi: 10.1007/s00484-020-01950-9 40 LynchJ

Key Insights and Statistics of Tobacco Exports Globally World export rank: 60th Total tobacco exports in 2024: $52.09 billion Global market share of tobacco exports: 0.2% Global Tobacco Market Size: $875 billion Largest Segment: Cigarettes Fastest Growth: Cigarettes Growth Rate: 2.45% CAGR Biggest export region: Asia Pacific (60%) Forecasted global market size in 2031: $1.09 trillion Global Tobacco Exports: Developing Patterns and Risks for Investors The market for tobacco products was valued at $912 billion globally in 2024

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