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Iran's Q1 Saffron Exports Reach 40 Tons

Iran's Q1 Saffron Exports Reach 40 Tons
Iran's Q1 Saffron Exports Reach 40 Tons

Iran exported 40 tons of saffron during the first three months of the current Iranian year (March 21-June 21) to witness a decline of 15% compared with last year’s corresponding period.
According to Ali Hosseini, a member of Iran's National Saffron Council, the price of Iranian saffron on global market currently stands at €700-1,000 per kilogram, ILNA reported.
The price range indicates that Iran’s saffron exports were worth €28-40 million in Q1.
Iran is the world’s biggest producer of saffron and accounts for more than 90% of global production.

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