![]() ![]() Saffron exporters now have a big potential to enter new markets and increase their clientele. Strong Market As Indian food becomes more well-known and people become more interested in world flavors, there is a growing demand for Indian spices, especially Saffron, on a global scale.Indian exporters benefit from a competitive advantage thanks to this established market presence. ![]() It has long been a staple of Indian cuisine and is now becoming more well-known elsewhere in the world. Market Presence Indian Saffron has a long history, and it is well known and valued in marketplaces all over the world.Indian exporters are able to provide buyers in foreign markets with competitive pricing thanks to their cost advantage. Cost Effective When compared to certain other nations, India has considerably cheaper production costs, which helps with Saffron manufacture.Prioritizing sustainable farming methods and marketing your goods as eco-friendly will help you draw in customers who care about the environment. Abundance and Quality Growing Saffron are typically seen as being environmentally friendly because it uses little water and doesn't rely extensively on artificial fertilizers or pesticides.Exporters can increase their product offers and target particular consumer segments by selecting from a variety of forms, including raw, powdered, or compounded Saffron. Wide Variety of Products: To meet a range of consumer tastes and market demands, India produces Saffron in several types and grades.Both domestically and abroad, it has a strong market presence. Strong market reach: The opportunity to earn sizable annual profits is profitable and sustainable because Indian spices have a strong reputation and are in high demand all over the world.You can reach a wide variety of markets by exporting Saffron from India, including those in Western, Middle Eastern, and Asian nations where the spice is prized for its distinctive flavor and scent. Growing market opportunity: Saffron is used in both conventional and contemporary cooking techniques across a range of cuisines and food businesses.You may take advantage of this expanding global market for Saffron and market to customers looking for both conventional and unique flavors. International acclaim for Indian cuisine has raised the demand for genuine Indian ingredients. Globally Saffron has a demanding market: Saffron is one of the many Indian spices and flavors that are in high demand all over the world.This enables you to satisfy the needs of global marketplaces and serve a variety of customers. India produces a high quantity of Saffron: As one of the world's top producers of Saffron, India guarantees a consistent and adequate supply for export.Iran’s share of the $8.2 billion business has been less than $300 million every year. The official also noted that this year's saffron exports have been negatively impacted by the coronavirus pandemic. Last year, some 500 tons of the crop were harvested, 80% of which were exported.” “We account for 94% of the global saffron output. The official noted that Oman with $5.6 million, Kuwait with $2.7 million, Qatar with $1.9 million, Macao with $1.4 million and Taiwan with $1.2 million were Iran’s other main export destinations over the eight-month period.Įxports were also made to France, Italy, Australia, Bahrain, Sweden, the Netherlands, Belgium, the UK, Canada, Germany, India, Switzerland, Malaysia, Turkey, Iraq, Indonesia, Japan, South Africa, Austria, Poland, Norway, Kenya, Lebanon, the US, Kazakhstan, Azerbaijan and the Philippines.Īccording to Latifi, 115,000 hectares out of the 122,000 hectares under saffron cultivation in the world are located in Iran. These were Hong Kong with 53.15 tons worth $33.83 million, Spain with 33.18 tons worth $21.58 million, the UAE with 31.41 tons worth $18.7 million, Afghanistan with 17.99 tons worth $11.27 million, and China with 18.59 tons worth $10.78 million,” Rouhollah Latifi was also quoted as saying by IRNA. “Some 80% and 84% of the weight and value of the total exports went to five countries. 20), according to the spokesperson of the Islamic Republic of Iran Customs Administration. Iran exports saffron to 53 countries in 8 monthsĪ total of 192 tons of saffron worth $117 million were exported from Iran to 53 countries during the first eight months of the current Iranian year (March 20-Nov.
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