Spices

Saffron: hope for record exports

January 20, 2021 4:00 PM, Der AUDITOR
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TEHRAN. In the first eight months of the Iranian calendar year, the Iranian saffron market recorded a significant increase in exports.

Export volume increased by 25%

Between March and October 2020, 192 mt of saffron worth USD 117.51 million were exported from Iran, marking a 25% year-on-year increase in saffron exports. More than 80% of the export volume is concentrated in five of the 53 export markets. Market players are confident that saffron exports can set a new record this season if this trend continues. At the same time, high export duties on shipments to China and India have caused deliveries to these countries to decline, and traders believe that intermediaries from Afgh

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