Say hello to Europe's most incompetent customs service
Which I reckon to be that of Macedonia. The UN has just published a rather exciting study called '2007 World Drug Report' which includes tables giving typical street prices and so forth for a range of drugs. I reckoned that cocaine was the most interesting narcotic to focus on, and if the UN is to be believed, the going rate for a gram in Skopje is the equivalent of US$50.30. Compare that to $92.50 in the UK or the $150.00 plus it would cost in Moscow, Nicosia or Oslo.
As it also has the wholesale price per kilogram per market, the enthusiastic coke user might note that The Man in Turkey has the most outrageous mark-up at around 14X - $113.20 per gram, and $8,117 per kg wholeale, whereas figures would suggest that The Man in Bulgaria and Moldova is so useless that he makes a loss. Cypriot, Luxemburger, Estonian, French and Norwegian dealers seem to be doing quite well too, at a greater than 2X multiplier.
As it also has the wholesale price per kilogram per market, the enthusiastic coke user might note that The Man in Turkey has the most outrageous mark-up at around 14X - $113.20 per gram, and $8,117 per kg wholeale, whereas figures would suggest that The Man in Bulgaria and Moldova is so useless that he makes a loss. Cypriot, Luxemburger, Estonian, French and Norwegian dealers seem to be doing quite well too, at a greater than 2X multiplier.
Labels: drugs, United Nations
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on Monday, July 16, 2007 at 1:24 pm.
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I hope that you've been paid well for this advertisement. ;>D
Not to be sniffed at.....
Might there also be an element of "Big Mac" pricing here, i.e. reflecting local wages rather than raw material costs?
TT - possibly, but I would have thought that the key issue is the cost of getting the goods to market so to speak.
Not too surprised that Turkey has the most outrageous mark-up...the authorities here take a dim view of mind enhancing substances as I think is well known.
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