What is the price of saffron per kilogram/pound in India today?
The retail price range for India saffron is between US$ 7.73 and US$ 10.40 per kilogram or between US$ 3.51 and US$ 4.72 per pound(lb). Click here to see today's exact prices of saffron in India
The retail price range in Indian Rupee for saffron is between INR 640.58 and INR 861.70 per kilogram or between INR 290.51 and INR 390.79 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India saffron is between US$ 5.41 and US$ 7.28 per kilogram or between US$ 2.45 and US$ 3.30 per pound(lb).
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India Saffron Export Prices - Historical, Trends and Prediction
The export price per kilogram of Saffron from India over the last five years has seen a steady increase. In 2016, the price was 43.31 US dollars per kilogram, and in 2020, it had risen to 50.00 US dollars per kilogram. This represents an increase of 16.3% over the five-year period. The highest price was seen in 2019, when it was 47.48 US dollars per kilogram. The lowest price was seen in 2017, when it was 11.99 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Saffron from India in 2023 will be around 56.00 US dollars, and in 2024, it will be around 62.00 US dollars.India Saffron Import Prices - Historical, Trends and Prediction
The import price per kilogram of Saffron into India over the last five years has been quite volatile. In 2016, the price was $43.31, which was the highest in the five year period. This was followed by a sharp decline in 2017 to $11.99. Prices then rose steadily in 2018 and 2019 to $39.76 and $47.48 respectively. The price in 2020 was $50.00. This indicates that the import price of Saffron into India has been increasing in the last few years. Based on this trend, it is likely that the import price of Saffron into India in 2023 and 2024 will be around $54.00 and $58.00 respectively.Export values for India saffron
The total values in export for saffron in India were US$ 1,386, US$ 1,547, US$ 835 and US$ 997 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 India: 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.
India saffron - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 21 tonnes of saffron. For 2019 alone, the market for India saffron (herbs and spices category) has remained constant, changing by 0 % compared to the year 2018. Between 2017 and 2019, saffron's exports went down by -83.72% netting India US$1.00m for the year 2019. India's saffron exports are classified as:
- Saffron (HS code 091020)
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India saffron export values
In 2019, India shipped saffron costing 1.00m USD, a surge of 19.76% from 2018's total saffron export of 0.835m USD. The yearly change in value of India saffron between 2017 to 2018 was -46.025 pc.
The annual/yearly variation in the amount of India's saffron exports between 2017 and 2019 was -83.72 per cent in comparison to a variation of 0% in the period between 2018 and 2019.
Export markets for India saffron ( in '000$ )
India imported 21 tonnes of saffron in 2019.