The price of opium in Afghanistan surged to $750 per kilogram in 2024, marking a tenfold increase compared to just two years earlier, according to a report released by the United Nations Office on Drugs and Crime (UNODC) on Wednesday, March 12.
The dramatic price spike follows the Taliban government’s 2022 ban on poppy cultivation and the subsequent large-scale destruction of opium crops. While the crackdown has led to a significant drop in production, the UN report highlights how drug traffickers are capitalizing on the scarcity, reaping substantial profits from the soaring prices.
Despite the sharp decline in new production, Afghanistan’s existing opium stockpiles remain vast. The UNODC report estimated that at the end of 2022, the country still held approximately 13,200 tons of opium an amount sufficient to meet global demand for Afghan opiates until at least 2027.
UNODC Executive Director Ghada Waly warned that the rising profits from the opium trade are fuelling transnational organized crime, further destabilizing Afghanistan and the wider region. She emphasized the urgent need for a coordinated international strategy to dismantle trafficking networks and provide alternative livelihoods for Afghan farmers who have been severely affected by the ban.
For years, Afghanistan was the world’s leading producer of opium, and many farmers relied on the crop for their livelihoods. The sudden ban has left thousands in financial distress, forcing them to seek alternative means of survival. In response, the UNODC has called for immediate support programs to prevent a resurgence in poppy cultivation and to help farmers transition to legal, sustainable sources of income.
Source: GNA
