11/4/2018 12:00:00 AM - 10:24 Code: 857 Print

Saffron exports rise 40percent in H1

Saffron exports rise 40percent in H1
Iran’s saffron exports increased 40 percent during the first half of the current Iranian calendar year (March 21-Septemebr 22) compared to the same period of time in the past year, according to the vice chairman of National Saffron Council.

Tehran Times

Gholamreza Miri said some 105 tons of saffron worth $145 million have been exported to 47 countries during the first half of this year, IRIB reported on Saturday.

Iran’ Ministry of Agriculture has announced that the saffron output in the country will reach 400 tons by the end of current Iranian calendar year (March 20, 2019).

The annual saffron production stood at 326 tons during the previous year.

Iran’s exports of saffron increased about 55 percent in the past Iranian calendar year compared to its preceding year, breaking the record of exports in the past ten years.

According to Kaveh Zargaran, the chairman of the Agricultural Committee at the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), some 236 tons of saffron worth over $326 million were exported to the destination markets in the mentioned period.

UAE, Hong Kong, Spain, Afghanistan and China were the top importers of Iranian saffron while the top three namely UAE, Hong Kong and Spain accounted for over 77 percent of the total exports, Zargaran said.