What is the price of saffron per kilogram/pound in Lao (Laos) today?
The retail price range for Lao (Laos) saffron is between US$ 19.54 and US$ 24.43 per kilogram or between US$ 8.86 and US$ 11.08 per pound(lb). Click here to see today's exact prices of saffron in Lao (Laos)
The retail price range in Lao kip for saffron is between LAK 390,884.46 and LAK 488,654.46 per kilogram or between LAK 177,271.86 and LAK 221,612.00 per pound(lb) in Vientiane and Pakse (Pakxe).
Wholesale prices
In 2024, the approximate wholesale price range for Lao (Laos) saffron is between US$ 13.68 and US$ 17.10 per kilogram or between US$ 6.20 and US$ 7.76 per pound(lb).
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Lao (Laos) Saffron Export Prices - Historical, Trends and Prediction
The export price of saffron from Lao (Laos) has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021, it further increased to $2.90. The most recent data shows that the export price per kilogram of saffron from Lao (Laos) was $3.05 in 2022. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price of saffron from Lao (Laos) will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.Lao (Laos) Saffron Import Prices - Historical, Trends and Prediction
The import price of saffron into Lao (Laos) has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that in 2022, the import price per kilogram of saffron into Lao was $3.80. Overall, the import price of saffron into Lao has seen a steady increase over the past five years, with the price increasing by over 50% from 2018 to 2022. It is likely that this trend will continue in the coming years, and we can predict that the import price per kilogram of saffron into Lao will be around $4.10 in 2023 and $4.40 in 2024.Export values for Lao (Laos) saffron
Prices of other produce in the Herbs and Spices category in Lao (Laos): Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
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