Currently, only 5 states—California, Hawaii, New Jersey, New York and Washington—have banned the purchase, sale, trade and possession with the intention to sell of ivory and rhino horns.
Based on the value of the Asian black market, rhino horn price is estimated at $ 65,000 USD per kg. In the near past, the rhino horn price soared up around $65,000 per kilogram. This price hike turned the rhino horn more valuable than gold and many other precious metals, also many times more worthy than elephant ivory.Aug 27, 2019
Essentially a mass of compacted hair, rhino horn is made up of Keratin, which also makes up our hair and fingernails. The myth behind rhino horns. It is used in traditional Chinese medicine to cure a range of 'ailments' from cancer to hangovers, and also as an aphrodisiac.Sep 22, 2021
While international trade is illegal under this convention, individual countries are nonetheless able to determine their own laws to allow or prohibit the sale of rhino horn domestically i.e., within their country. Since 1977, some countries have indeed banned domestic rhino horn trade.Dec 21, 2018
Update: In a remarkable win for animals, Chinese officials have reinstated the country's ban on rhino horn and tiger bone. Reversing this ban creates a larger market for animal-part “remedies,” encourages poaching, and pushes these animals closer to extinction.Nov 13, 2018
For example, rhinoceros horn is more valuable by weight than gold, diamonds or cocaine. A recent report puts the price of rhino horn in Asia at $60,000 per pound. The number of rhinoceroses poached skyrocketed from 13 per year to 1,004 per year in only 6 years.Sep 30, 2021
Since 2007, the FDA has identified more than 25 products marketed with variations of the name “Rhino” that contained hidden drug ingredient(s). These products continue to be sold at gas stations and convenience stores, as well as on websites such as eBay and Amazon.Nov 27, 2018
The answer is Vietnam. The country's appetite for rhino horn is so great that it now fetches up to $100,000/kg, making it worth more than its weight in gold. (Horns average around 1-3 kg each, depending on the species.) The weird thing is that the surge in Vietnamese demand is fairly recent.May 15, 2013