Exports to hit pre-pandemic levels
Exporters finally have some good news in store for saffron. Issue is that exports have surged by 66% to around 239 mt between March and June 2023 as compared with the same period last year. Confidence persists that exports will reach pre-pandemic levels at the end of the Iranian year on 20 March 2024. If this pace continues there is indeed a good chance that total exports will exceed the 325 mt last registered in 2019/2020.
Issue is not only that saffron prices are much more attractive than last year but also that China sla