This paper examines the economic performance of modern tobacco production in the Republic of North Macedonia, a country with a long-standing tradition in tobacco cultivation. The study investigates the profitability and sustainability of current tobacco farming practices amidst a dynamic global market and evolving regulatory environment. Utilizing a mixed-methods approach, this research analyzes data on production costs, yields, labor inputs, and market prices to assess the economic viability of tobacco farming in the region. The findings reveal that while technological advancements and improved farming techniques have the potential to enhance productivity and reduce costs, the sector faces significant challenges, including high labor expenses, fluctuating international demand, and competitive pressures from other tobacco-producing countries. Additionally, the paper explores the impact of government policies and international trade agreements on the economic outcomes for tobacco farmers. Strategic investment in modernization, coupled with supportive policies and market diversification, is essential for maintaining the profitability and sustainability of tobacco production in North Macedonia. These insights provide valuable guidance for policymakers, producers, and industry stakeholders aiming to strengthen the economic foundations of the tobacco sector in a rapidly changing global context.
Published Date: 2025-01-11; Received Date: 2024-09-25
