Coca Leaf Prices Soar 700% in Bolivia, Impacting Families and Consumers

La Paz, Bolivia – The price of coca leaves in Bolivia has seen an unprecedented surge, increasing by over 700% in the last four years. A pound of coca leaves, which cost 6 Bolivianos in 2021, now sells for up to 50 Bolivianos. This dramatic increase means that 100 pounds of coca leaves are currently valued at 5,000 Bolivianos. According to the Bolivian government, this price hike is a direct result of the "Plan for Coca-Growing Families," launched in June 2024. The initiative aimed to reduce the overproduction of coca leaves through concerted efforts, thereby preventing a fall in prices. While this significant increase has led to "historic incomes" for thousands of coca-growing families, providing them with substantial economic benefits, the impact is also being felt on the streets. Consumers are reportedly experiencing the effects of these higher prices, indicating a mixed outcome for the broader population.

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El precio de la hoja de coca en Bolivia nunca estuvo tan caro …

1751501042 El precio de la hoja de coca en Bolivia nunca estuvo tan caro eju.tv Tiktok by UNITEL BOLIVIA