Iran Saffron Exports
Iran Saffron Exports :Iran has continued to be Spain’s largest saffron supplier in 2023, despite experiencing an 11.4% decrease in saffron exports to the country. These exports, valued at €36.565 million, reflect the challenges faced by Iran in maintaining previous export levels amidst a competitive market.
The International Affairs Department of the Iran Chamber of Commerce analyzed Spain’s saffron trade last year. The total value of Spain’s trade amounted to €93.093 million, which includes both €51.267 million in saffron exports and €41.826 million in imports. When compared to 2022, Spain’s saffron exports saw a small increase of 1.7%, rising from €50.411 million to €51.267 million, while imports decreased by 6.5%, dropping from €44.736 million to €41.826 million.
Major Export Destinations for Spanish Saffron
In 2023, Spain’s saffron exports were directed primarily to the following markets:
- The United States: €11.764 million
- Italy: €6.457 million
- Sweden: €5.916 million
- France: €3.929 million
- The UAE: €3.668 million
Sources of Saffron for Spanish Imports
In 2023, the following countries were the key suppliers of saffron to Spain:
- Iran: €36.565 million (87.4% share)
- Afghanistan: €33.401 million
- Greece: €1.005 million
- The UAE: €249,000
- Denmark: €124,000
Iran Saffron Exports : Despite the drop in export value, Iran remains the dominant saffron supplier to Spain, contributing the largest share of saffron. However, as competition intensifies, particularly from Afghanistan, Iran needs to address several challenges to retain its leadership position. Key efforts should focus on enhancing saffron quality and ensuring competitive pricing to maintain dominance in the Spanish market.
To preserve its market share in Spain, Iran must tackle ongoing challenges in the global saffron trade, particularly focusing on refining product quality and securing better pricing strategies. These steps will be crucial to maintaining Iran’s stronghold as the leading saffron exporter.
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