Wholesale and retail saffron price
Saffron is one of the most expensive spices in the world, and its price can vary depending on various factors such as its quality, origin, and availability. Iranian and Spanish saffrons are generally considered high quality and can command higher prices than saffron from other countries.
The wholesale price of saffron
The wholesale price of high quality saffron ranged from approximately $1200 to $1500 per kilogram (kg) or $500 to $700 per pound (lb), depending on the quality and origin. Iranian and Spanish saffrons are among the most sought-after varieties, and their price can be higher than saffron from other countries.
In general, wholesale saffron prices are typically negotiated between suppliers and buyers based on various factors, including the quality and quantity of saffron being sold and the specific terms of the sale (e.g., payment terms, shipping arrangements, etc.). For information on the exact price of saffron in bulk, you can contact us via WhatsApp or our Contact page.
Retail price of saffron
Retail prices for saffron can be much higher than wholesale prices and can vary depending on the packaging and branding of the product. In some cases, saffron can cost more than gold by weight. The retail price of high quality saffron ranged from $3 to $10 per gram or $60 to $150 per ounce (oz), depending on the quality and origin. For more information on the exact retail price of saffron, you can contact us via WhatsApp or our Contact page.
The saffron market is subject to fluctuations due to supply and demand factors, variations in crop yields and weather conditions. Prices can also be affected by the cost of labor, as harvesting saffron is a time-consuming and labor-intensive process that requires skilled laborers to handpick the delicate threads from the flowers carefully.
Saffron is typically sold by weight; the most common unit of measurement is grams. A single gram of saffron can contain anywhere from 150 to 500 individual threads, depending on their size and quality.
The COVID-19 pandemic has significantly impacted the saffron market, with disruptions in supply chains, reduced demand from the food service sector, and increased transportation and logistics costs. As a result, saffron prices have been volatile in recent years.
The global saffron market is relatively small, with Iran being the largest producer and exporter of saffron, followed by countries such as Spain, Greece, India and Afghanistan. The market is also highly fragmented, with many small-scale growers and traders operating in various regions.
The quality of saffron is determined by various factors such as color, flavor, aroma, and the amount of floral waste (i.e., non-stigma parts) in the threads. The highest quality saffron is from Iran and is typically all-red or dark red in color, has a strong aroma and flavor, and is free from any extraneous matter.
Saffron price influencing factors
The price of saffron can also fluctuate due to a range of factors, including changes in supply and demand, weather conditions, and labor costs. As a result, the wholesale price of saffron may be subject to significant variability over time. These are the most important factors that influence saffron price:
- Supply and demand: Changes in the global demand for saffron can affect its price, as can supply disruptions due to factors such as weather conditions or political instability.
- Quality: The quality of saffron can vary depending on factors such as the origin, color, flavor, and aroma of the threads. Higher quality saffron can command higher prices than lower quality saffron.
- Harvesting and processing costs: Saffron is a labor-intensive crop, with each flower containing only three stigmas that must be carefully handpicked and dried. This makes producing saffron a costly process, which can impact its price.
- Location: The location of production can also affect the price of saffron, as different regions may have different production costs or levels of competition.
- Currency exchange rates: Saffron is traded globally, which means that exchange rate fluctuations can impact its price in different countries.
- Regulations: Regulations such as taxes or import/export restrictions can impact the price of saffron by affecting supply or demand in certain markets.
- Alternative uses: Saffron is used in various industries, including cosmetics and pharmaceuticals. Changes in demand for saffron in these industries can also impact its price.
- Type or grade of saffron: Saffron is typically classified into different types or grades based on factors such as the length, thickness, and color of the threads, as well as the presence of any impurities. Higher grades of saffron, such as "Super Negin," can command significantly higher prices than lower grades, such as "Pushal" or "Bunch."
- Country of origin: Different countries produce saffron of varying quality and at different price points. Saffron from countries such as Iran and Spain is generally considered to be of higher quality and can command higher prices than saffron from other regions.
- Packaging and presentation: The way in which saffron is packaged and presented can also impact its price. For example, saffron that is presented in attractive or unique packaging may be sold at a premium price.
Overall, the price of saffron can be influenced by a range of complex and interconnected factors and can be subject to significant variability over time.
Price of all types of saffron
Different grades of saffron are classified based on the quality, color, aroma, and appearance of the saffron threads. The grading system can vary depending on the country of origin and the specific supplier, but the following grades are commonly used:
Super Negin: Super Negin is the highest quality grade of saffron, characterized by its deep red color, long and thick threads, and strong aroma and flavor. It is the most expensive type of saffron and is typically used in high-end culinary applications. The Wholesale price of Super Negin saffron is about $1,200 to $5,000 per kilogram
Sargol: Sargol saffron is a high-quality grade of saffron characterized by its all-red threads, which are free from yellow or white styles. It has a strong aroma and flavor and is commonly used in cooking and baking. The price of Sargol saffron in bulk is between $1,200 to $1,500 per kilogram.
Pushal: Pushal saffron is a lower quality grade of saffron that is characterized by its red threads with some yellow or white styles. It has a milder flavor and aroma and is typically used in more affordable culinary applications. The cost of bulk Pushal saffron is between $800 to $1,000 per kilogram.
Bunch: Bunch saffron is the lowest quality grade of saffron and is characterized by its mixed red and yellow threads, as well as white and yellow styles. It has a weaker flavor and aroma and is typically used in lower-end culinary applications or as a food coloring agent. The wholesale price of Bunch is about $500 to $700 per kilogram.
It is important to note that the grading system can vary, and some suppliers may use different names or classifications for their saffron products. Additionally, the price of saffron can vary depending on the grade and quality of the saffron, as well as supply and demand factors.
Where to buy high quality real saffron?
It is important to purchase saffron from reputable sources specializing in saffron and to check for quality certifications to ensure authenticity and purity. Be wary of saffron sold at unusually low prices, as it may be of lower quality or even fake.
Bluesilkway is a premium brand that offers the highest quality saffron sourced from the best farms in Iran. We are a trusted supplier of Persian saffron in Europe, China, Middle East, USA, Canada and many other countries. Our saffron is renowned for its deep red color, strong aroma, and distinct flavor.
We have expert agents in Canada, Iran, Australia, Sweden and Oman. For more information on the exact cost of Irani saffron, you can contact us via WhatsApp or our Contact page.