Iran's saffron exports reached over $207 million in a year

Published 2024년 5월 12일

Tridge summary

Iran has seen a decrease in the export value of saffron, despite a rise in weight and international prices. The UAE, China, Spain, and Afghanistan were the top buyers of the exported saffron, which was mainly packaged in less than 30 grams. The United Nations Food and Agriculture Organization (FAO) has launched a two-year project to ensure the availability of safe and authentic saffron products from Iran. The project aims to improve the saffron supply chain, contribute to food security and safety, and address the challenges of global food supply and modern trade in the industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

TEHRAN - Head of the Study, Monitoring and Market Development Office of the Central Organization of Rural Cooperatives of Iran says 21 metric tons of Iranian saffron worth $207,786,281 were directly exported to 55 countries in the Iranian calendar year ending in late March. “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 experienced good growth, which accounted for 22 percent of the exported saffron in the Iranian calendar year 1402, while in 1401, this amount was about 15.5 percent, he added. The United Arab Emirates (UAE) was the top destination for Iranian saffron 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 ...
Source: Tehrantimes

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