Tridge summary
Iran has experienced a 15.7% decrease in saffron export revenue despite a rise in price domestically and internationally. There has been a notable increase in saffron exports packaged in less than 30 grams, which made up 22% of total exports in the Iranian year 1402, up from 15.5% in 1401. The United Arab Emirates is the leading buyer, followed by China, Spain, and Afghanistan. In an effort to boost saffron exports, Iran is considering relaxing restrictions on exporters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
EghtesadOnline: “Despite the growth of exports in terms of weight and the increase in the price of this product in the country and international markets, we have observed a 15.7% decrease in the value of this product,” Roohollah Latifi said on Saturday. The export of saffron with packaging of less than 30 grams witnessed good growth, which accounted for 22% of the exported saffron in the Iranian calendar year 1402, while in 1401, this amount was about 15.5%, he added. The UAE is the first destination with the purchase of 67,120 kg of saffron, followed by China with the purchase of 49,200 kg, Spain with 43,820 kg, and Afghanistan with 21,716 kg and a growth of 198 percent, Qatar with 5,774 kg, Italy with 5,604 kg, Kuwait with ...
Source: Eghtesadonline.com
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.