Iran accounts for 96% share of saffron export in world

TEHRAN, Nov. 04 (MNA) – Chief Executive of the Central Organization for Rural Cooperatives of Iran Hossein Shirzad said that Islamic Republic of Iran accounted for 96 percent share of saffron exports in the world in the last year (concluded March 20, 2018).

With producing more than 88 percent of saffron in the world, Islamic Republic of Iran stands at the first rank in the worldwide, he said and put Iran’s exports share of saffron in the world at 96 percent in the past year.

Speaking in a symposium entitled ‘Targeted Intervention Strategy in Saffron Market’, he maintained, “saffron should be priced logically within the framework of rules and regulations in order to get lion’s share at the target markets.”

Saffron price experienced a considerable decrease in the past year (ended March 20, 2018) in such a way that Central Organization for Rural Cooperatives of Iran, represented by the Ministry of Agriculture, purchased approx. 67 tons of saffron in various grades.

According to statistics, per capita consumption of saffron in Iran stands at one gram, he said and put the annual consumption rate of saffron in domestic consumer market at more than 80 tons.

Central Organization for Rural Cooperatives of Iran was set up in 1969 as Public Joint Stock Company with the aim of developing rural and agricultural and rural sectors.


News Code 139305


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