Domestic Economy
0

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.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com