Tridge summary
From Mar. 21, 2022, to Jan. 20, the Iranian customs administration reports a significant trade activity in saffron, with 178 tons exported to 59 countries, valued at $172.75 million. The United Arab Emirates emerged as the leading consumer, importing 54 tons worth $61.73 million. Spain and China ranked second and third with 35 tons and 28 tons imported, respectively, valued at $38 million and $32 million respectively. Despite producing over 90% of the world's saffron, Iran's global market share is not commensurate with its production due to the bulk reexport of the spice by customers after repackaging.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to the latest statistics released by the Islamic Republic of Iran Customs Administration, a total of 178 tons of saffron worth $172.75 million were exported from Iran to 59 countries in the first 10 months of the current Iranian year (Mar. 21, 2022-Jan. 20).The UAE with 54 tons worth $61.73 million of imports was the biggest destination for Iranian saffron during the period, Financial Tribune reported.It was followed by Spain with 35 tons worth $38 million and China with 28 tons worth $32 million.Iran produces over 90% of all saffron produced in the world, 80% of which ...
Source: Mehrnews
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