News ID: 318499
Published: 0416 GMT December 05, 2021

China top customer of Iranian saffron in March-October: IRICA

China top customer of Iranian saffron in March-October: IRICA

China topped the list of major saffron buyers from Iran in the seven months to October 22, showed figures by the Islamic Republic of Iran Customs Administration (IRICA) despite a fall in sales of the lucrative spice this calendar year.

IRICA spokesman Rouhollah Latifi said that Chinese purchases of saffron from Iran in the March-October period had topped $18.26 million, accounting for more than 30% of the sales of the spice over the period, Press TV reported.

A bulk of the Chinese saffron purchases from Iran, some 24.52 tons, had been shipped in cargoes containing saffron packs of above 30 grams, said Latifi.

He added that customers in the East Asian country had bought nearly $4.32 million worth of saffron in packs of below 10 grams while the rest had been shipped in the packs of 10-30 grams.

Total saffron sales from Iran over the seven months to late October had amounted to $60.17 million in value terms as shipments reached 60 countries around the world, showed IRICA figures.

Spain was the second top customer of Iranian saffron over the same period, with nearly $10 million worth of purchases, said Latifi.

Iran is the world’s largest producer of saffron as the country supplies over 92% of the global demand for the spice.

However, latest custom figures suggest annual saffron sales from the country will experience a major drop by the end of the Iranian calendar year, March 20.

Iran exported nearly 424.5 tons of saffron last year as revenues for government companies and private sellers amounted to more than $190 million over the period.

 

 

   
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