Coca leaf: used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh or dried, whether or not crushed or powdered

In 2024, coca leaf: used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh or dried, whether or not crushed or powdered trade exhibited strong growth, with global flows reaching $1,240,152 and a three-year compound annual growth rate of +3.0% (five-year: -21.9%). The all-time peak of $7,215,726 was recorded in 1996; the current level is 83% below that high-water mark.

Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+8.0% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.678). The three largest exporters — Peru ($1.2M), Saudi Arabia ($1.2M), and Indonesia ($944.7K) — collectively dominate supply flows. The leading exporter has grown at +7.2% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.681). The three largest import markets are United States ($1.0M), Russia ($182.4K), and Germany ($154.0K). The largest importing market sources from 4 different supplying countries.

Estimated substitution elasticity: -2.12. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Saudi Arabia → United Arab Emirates at $1.2M, representing 99.7% of the importer's total demand.

The volatility score for coca leaf: used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh or dried, whether or not crushed or powdered is 12 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.