26% Rise in Saffron Export Value
26% Rise in Saffron Export Value

26% Rise in Iran's Saffron Export Value

26% Rise in Iran's Saffron Export Value

Iran exported over 160 tons of saffron worth $219 million during the nine months to Dec. 22, 2017, indicating a 26% and 33.33% growth in value and volume compared with last year’s corresponding period.
Fifty-six countries bought Iranian saffron during the nine-month period. The UAE with 23 tons, Hong Kong with over 15 tons, Spain with over 14 tons, Afghanistan with over 5 tons and China with over 4 tons of purchases were the main buyers.
Demand from the US, Germany, the UK, Italy, Belgium, Sweden, Switzerland, France, Canada and the Netherlands have been on the rise, as Madagascar was the last to join the list of customers, ISNA reported.
Over 50 tons of the exports were shipped in bulk, as 25 tons were exported in the form of uncut threads, powdered or ground saffron.
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production. Close to 95% of Iranian saffron are grown in the two provinces of South Khorasan and Khorasan Razavi in northeastern Iran.

Short URL : https://goo.gl/SmVeMq
  1. https://goo.gl/TPnR4P
  • https://goo.gl/1JB9GK
  • https://goo.gl/KfK6yz
  • https://goo.gl/UXWh5t
  • https://goo.gl/tEJQqF

You can also read ...

Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Deputy Economy Minister Defends Gov’t Forex Policy
The government’s policy to allocate dollars and euros to...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Plastic Production Plant Launched in Chabahar
A factory producing different kinds of plastic products was...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...

Add new comment

Read our comment policy before posting your viewpoints