Iran accounts for 95% of global production, which usually exceeds 300 mt per year. Spain, however, exports far more than Iran. Annual exports from Spain range at 398 mt, although the country only produces around 2.3 mt of saffron per year. Iran’s annual exports range at a lower 315 mt. Issue is that suppliers in Spain tend to buy cheap raw saffron in high quality in Iran and then rebrand and sell it.
As farmers are no longer able to maintain the cheap rates the market has become accustomed to Iran’s exporters have tried to sell the