By Center for Strategic and International Studies; By Christopher Hernandez-Roy, Rubi Bledsoe & Andrea Michelle Cerén

In 2020, Western and Central Europe comprised 21 percent of the global demand of cocaine. The drug is now the second most consumed illicit drug on the entire continent behind cannabis. Europe has become an attractive destination for drug traffickers seeking higher profits and lower risks. This is due to higher market prices and lesser legal penalties for possession and consumption than in the United States. While a kilogram of cocaine is priced at around $28,000 in the United States, the same kilogram is priced at around $40,000 in places like France and Spain—and a staggering $219,454 in Estonia. Furthermore, European interdiction efforts in Europe and the Caribbean territories do not match U.S. disruption efforts in the Western Hemisphere. Available data suggests the European Union spends only $3-4 billion on supply-side reduction in comparison to $17.4 billion for the United States. According to European officials, this allows border security forces to interdict only around 10–12 percent of the total flow of cocaine into the continent. Without a multipronged approach to curb Europe’s cocaine demand through higher legal penalities and transatlantic interdiction efforts, the cocaine market there will continue to boom—and with it, drug violence and health threats.

Washington, DC: CSIS, 2023.