In 2022, the market size of quasi-drugs in South Korea climbed to around 2.27 trillion South Korean won. This represents a decrease of around 6.7 percent from the previous year. 2020 was the year with the largest market size in with decade.
Size of the quasi-drug markets in South Korea from 2012 to 2022
(in trillion South Korean won)
In order to calculate the market size of quasi-drugs, the following formula was applied: Market size = (Production value) - (Export value) + (Import value)
1,000 South Korean won equals 0.76 U.S. dollars or 0.69 euro as of January 2024.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
MFDS (South Korea). (December 28, 2023). Size of the quasi-drug markets in South Korea from 2012 to 2022 (in trillion South Korean won) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/781132/south-korea-quasi-drug-market-size/
MFDS (South Korea). "Size of the quasi-drug markets in South Korea from 2012 to 2022 (in trillion South Korean won)." Chart. December 28, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/781132/south-korea-quasi-drug-market-size/
MFDS (South Korea). (2023). Size of the quasi-drug markets in South Korea from 2012 to 2022 (in trillion South Korean won). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/781132/south-korea-quasi-drug-market-size/
MFDS (South Korea). "Size of The Quasi-drug Markets in South Korea from 2012 to 2022 (in Trillion South Korean Won)." Statista, Statista Inc., 28 Dec 2023, https://www.statista.com/statistics/781132/south-korea-quasi-drug-market-size/
MFDS (South Korea), Size of the quasi-drug markets in South Korea from 2012 to 2022 (in trillion South Korean won) Statista, https://www.statista.com/statistics/781132/south-korea-quasi-drug-market-size/ (last visited November 18, 2024)
Size of the quasi-drug markets in South Korea from 2012 to 2022 (in trillion South Korean won) [Graph], MFDS (South Korea), December 28, 2023. [Online]. Available: https://www.statista.com/statistics/781132/south-korea-quasi-drug-market-size/
