Cocaine Industry Value?
Question by Anna: Cocaine industry value?
I’m doing a bio project on the coca plant and I need to find out how much money the cocaine industry rakes in every year. I can’t seem to find it anywhere…
Thanks for any info you have.
Best answer:
Answer by Erin
Since it isn’t legal or regulated you are going to have a hard time finding a concrete answer.
Answer by annie42
Search through police and drug enforcement sites, then figure out your data from that.
Cocaine is the second most popular illegal recreational drug in the USA behind marijuana and the US is the world’s largest consumer of cocaine.
World annual cocaine consumption stands at around 600 tons, with the United States consuming around 300 tons; 50% of the total. according to the US Department of Defense.
The 2010 UN World Drug Report concluded that “it appears that the North American cocaine market has declined in vaue from US$ 47 billion in 1998 to US$ 38 billion in 2008. Between 2006 and 2008 the value of the market remained basically stable.