What is the price of saffron per kilogram/pound in China today?
The retail price range for China saffron is between US$ 15.97 and US$ 24.20 per kilogram or between US$ 7.24 and US$ 10.97 per pound(lb). Click here to see today's exact prices of saffron in China
The retail price range in Yuan Renminbi for saffron is between CNY 111.99 and CNY 169.69 per kilogram or between CNY 50.79 and CNY 76.96 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China saffron is between US$ 11.18 and US$ 16.94 per kilogram or between US$ 5.07 and US$ 7.68 per pound(lb).
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China Saffron Export Prices - Historical, Trends and Prediction
The export price of Saffron from China over the last five years has seen a significant fluctuation. In 2017, the price per kilogram was 28.77 US dollars, which was followed by a sharp decline to 20.02 US dollars in 2018. However, in 2019, the price rose to 117.00 US dollars, and then dropped again to 19.24 US dollars in 2020. 2021 saw a dramatic increase to 167.00 US dollars, and the most recent data point in 2022 was 893.50 US dollars. Based on this data, it is likely that the export price of Saffron from China will remain high in the next two years, with a predicted price of around 893.50 US dollars in 2023 and 2024.China Saffron Import Prices - Historical, Trends and Prediction
The import price of saffron into China over the last five years has been quite volatile. In 2017, the price per kilogram was 28.77 US dollars, which was a significant increase from the previous year. However, in 2018, the price dropped to 20.02 US dollars, before rising again to 117.00 US dollars in 2019. This was followed by a sharp decline to 19.24 US dollars in 2020. The price then rose again to 167.00 US dollars in 2021, before reaching an all-time high of 893.50 US dollars in 2022. Based on this data, it is likely that the price of saffron in China will remain high in the coming years. We predict that the price per kilogram in 2023 will be around 500.00 US dollars, and in 2024 it will be around 600.00 US dollars.Export values for China saffron
The total values in export for saffron in China were US$ 3,151, US$ 1,755, US$ 3,003 and US$ 468 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in China: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of saffron in other countries across Asia: Kazakhstan saffron, Kyrgyzstan saffron, Tajikistan saffron, Turkmenistan saffron, Uzbekistan saffron, China saffron, Hong Kong saffron, Macao saffron, North Korea saffron & Mongolia saffron.
China saffron - Production, Exports, Imports, Seasons and HS Codes
In 2019 China exported 4 tonnes of saffron. In 2019 alone, the market for China saffron (herbs and spices category) has decreased, changing by -97.333 percent compared to the year 2018. Between 2017 and 2019, saffron's exports reduced by -93.44% bringing the nation US$0.47m for the year 2019. China's saffron exports are categorised as:
- Saffron (HS code 091020)
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China saffron export values
In 2019, China exported saffron valued at 0.47m USD, a reduction of -84.35% from 2018's total saffron export of 3.003m USD. The annual change in value of China saffron between 2017 to 2018 was 71.111%.
The annual change in the amount of China's saffron exports between 2017 and 2019 was -93.44 pc when compared to a variation of -97.333% in the growth rate between 2018 and 2019.
Export markets for China saffron ( in '000$ )
China bought 3 tonnes of saffron in 2019.