Here's what's driven changes in cocaine prices on US streets since the 1980s
Shuttershock/Daniel Loretto
Cocaine has been a high-profile feature of the American drug world since it arrived in the US in the early 1980s.
But since those first few years on the scene, cocaine prices have remained relatively stable, with variations in year-to-year prices in the US likely being driven by foreign affairs as much as by domestic demand.
Precise figures for the movement and sales of illegal drugs are obviously hard to come by.
The cocaine trade, like the drug trade in general, is opaque and run by individuals and groups that are hostile to oversight and inquiry.
Accordingly, analysis of drug prices and how they've change over time involves quite a bit of speculation, but the charts below, documenting the shifts in cocaine prices in the US, grant some insight to how the market has evolved over the last 30 years.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market