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Saffron: high demand causes prices to rise

August 18, 2021 12:36 PM, Der AUDITOR
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TEHRAN. Iran ships about 75-80% of its annual saffron crop to 60 different countries around the world. Nevertheless, countries like Spain and Afghanistan are often better known for their saffron, even though cultivation there is only a small part of global saffron production.

Competition from re-exporters

This is because Iranian saffron is usually exported in bulk and then repackaged and re-exported in other countries, who sell the goods in their own names. Since saffron cultivation is also attracting more and more attention in other countries, market players fear an increasing competitive situation on the international market. To counteract this, the preservation and development of the Iranian saffron market is indispensable. High export duties make it difficult for Iranian sellers to compete on the world market. India an

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