Market value of CBD in Latin America 2023, by country

Published by
Jennifer Mendoza,
May 15, 2024

The market value of cannabidiol (CBD) in Mexico was estimated at over 130 million U.S. dollars in 2023, the highest value among a selection of countries in Latin America. Colombia followed, with around 48 million U.S. dollars. 

Market value of cannabidiol (CBD) in selected countries in Latin America in 2023 (in million U.S. dollars)

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Release date

January 2024

Region

Central and South America

Survey time period

2023

Special properties

forecast; based on medical sales

Supplementary notes

Figures have been rounded. 

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