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.
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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 December 19, 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 December 19, 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: December 19, 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 December 19, 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/
