What is the price of saffron per kilogram/pound in Singapore today?
The retail price range for Singapore saffron is between US$ 15.37 and US$ 31.47 per kilogram or between US$ 6.97 and US$ 14.27 per pound(lb). Click here to see today's exact prices of saffron in Singapore
The retail price range in Singapore Dollar for saffron is between SGD 20.67 and SGD 42.31 per kilogram or between SGD 9.38 and SGD 19.19 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore saffron is between US$ 10.76 and US$ 22.03 per kilogram or between US$ 4.88 and US$ 9.99 per pound(lb).
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Singapore Saffron Export Prices - Historical, Trends and Prediction
The export price per kilogram of Saffron from Singapore over the last five years has been quite varied. In 2016, the price was 102.75 US dollars per kilogram, followed by a significant increase to 171.00 US dollars per kilogram in 2017. The price then dropped to 180.00 US dollars per kilogram in 2018, before decreasing further to 149.50 US dollars per kilogram in 2019. In 2020, the price rose to 210.00 US dollars per kilogram, before dropping to 144.00 US dollars per kilogram in 2021. Based on this data, it is predicted that the export price per kilogram of Saffron from Singapore in 2023 will be around 166.00 US dollars, and in 2024 will be around 181.00 US dollars.Singapore Saffron Import Prices - Historical, Trends and Prediction
The import price of saffron into Singapore over the last five years has been quite varied. In 2016, the price per kilogram was 102.75 US dollars, followed by a significant increase to 171.00 US dollars in 2017. The price then dropped to 111.67 US dollars in 2015, before rising again to 180.00 US dollars in 2018. In 2019, the price dropped to 149.50 US dollars, before increasing again to 210.00 US dollars in 2020. The most recent data shows that the price per kilogram of saffron into Singapore was 144.00 US dollars in 2021. Based on the data, it is likely that the price of saffron into Singapore will remain relatively stable in the next two years. We predict that the price per kilogram of saffron into Singapore in 2023 will be around 166.00 US dollars, and in 2024 it will be around 188.00 US dollars.Export values for Singapore saffron
The total values in export for saffron in Singapore were US$ 411, US$ 342, US$ 360 and US$ 299 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 Singapore: 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.
Singapore saffron - Production, Exports, Imports, Seasons and HS Codes
The volume of saffron shipped by Singapore in 2020 was 1 metric tons. In 2019 Singapore shipped 2 tonnes of saffron. Through 2019 alone, the interest in Singapore saffron (herbs and spices category) has been steady, recording a change of 0 % compared to the year 2018. Between 2017 and 2019, saffron's exports was steady 0 percent netting the country US$0.30m for the year 2019. Singapore's saffron exports are categorised as:
- Saffron (HS code 091020)
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Singapore saffron export values
In 2019, Singapore sold saffron with a value of 0.30m USD, a decrease of -16.67% from 2018's total saffron export of 0.36m USD. The yearly change in value of Singapore saffron between 2017 to 2018 was 5.263 pc.
The per year change in the quantity of Singapore's saffron exports between 2017 and 2019 was 0% compared to a variation of 0% in the period between 2018 and 2019.
Export markets for Singapore saffron ( in '000$ )
Singapore purchased 2 tonnes of saffron in 2019.