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World’s Leading Opium Source in 2023
December 16 , 2023
345 days
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- Myanmar has become the world’s top producer of opium, overtaking Afghanistan in 2023.
- The 95 percent decline in opium cultivation in Afghanistan after a drug ban by the Taliban in 2022 has seen global supply shift to Myanmar.
- Opium poppy farming is now yielding about 75% higher profits.
- The average price of opium poppies has risen to approximately $355 per kilogram.
- The cultivation area has expanded by 18% year-on-year, reaching 47,000 hectares.
- This marking is the highest potential yield since 2001.
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