Cocaine market booming as meth trafficking spreads, UN report says

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Coca bush cultivation and total cocaine production were at record highs in 2021

, the most recent year for which data is available, and the global number of cocaine users, estimated at 22 million that same year, is growing steadily, the UN Office on Drugs and Crime said in its annual World Drug Report.

“The world is currently experiencing a prolonged surge in both supply and demand of cocaine, which is now being felt across the globe and is likely to spur the development of new markets beyond the traditional confines,” the UNODC report said. While almost 90 per cent of methamphetamine seized worldwide was in two regions – East and Southeast Asia and North America – seizure data suggests those markets have stabilized at a high level yet trafficking has increased elsewhere, such as the Middle East and West Africa, the report said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines