Historic Value of the European Cocaine Market

In 1998, the financial value of the European cocaine market was $14 Billion.

By 2008, the value of the cocaine market in Europe was $34 Billion.

In terms of consumption, 63 tons of cocaine was used by drug users in Europe in 1998. Ten years later, 124 tons of cocaine was used by drug users.

(Latest cocaine facts and statistics.)

Source: UNODC, “The Globalization of Crime,” Chapter 4: Cocaine, June 2010.