Saffron: quality pays

March 29, 2023 at 9:16 AM , Der AUDITOR
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TEHRAN. Demand for saffron has risen sharply in January and February. Good news for suppliers is that buyers are prepared to pay more.

Exports 42% up

Bulk exports, however, still make up 90% of the volumes shipped (43,906 kg worth USD 49.569 million), which entails less revenue for Iran’s packaging industry as average export prices only range at USD 1,129/kg. Although the prices for small and retail packages range higher at USD 1,161/kg, the volumes shipped are much smaller (4,508 kg worth USD 5.235 million).

At 48,414 kg total exports, however, exceed the volumes shipped in January-February 2022 by 42%. The export value has also nearly doubled. Issue is that the size and quality of t

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