What is the price of saffron per kilogram/pound in South Korea today?
The retail price range for South Korea saffron is between US$ 245.29 and US$ 871.47 per kilogram or between US$ 111.24 and US$ 395.22 per pound(lb). Click here to see today's exact prices of saffron in South Korea
The retail price range in South Korean won for saffron is between KRW 327,049.47 and KRW 1,161,957.28 per kilogram or between KRW 148,321.75 and KRW 526,964.75 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea saffron is between US$ 171.70 and US$ 610.03 per kilogram or between US$ 77.87 and US$ 276.66 per pound(lb).
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South Korea Saffron Export Prices - Historical, Trends and Prediction
The export price of saffron from South Korea has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.45, which increased to $2.60 in 2020. This trend continued in 2021, with the export price reaching $2.75 per kilogram. In 2022, the export price rose to $2.90 per kilogram, representing a 4.7% increase from the previous year. Looking ahead, it is likely that the export price of saffron from South Korea will continue to increase, with an estimated price of $3.05 per kilogram in 2023 and $3.20 per kilogram in 2024.South Korea Saffron Import Prices - Historical, Trends and Prediction
The import price of saffron into South Korea has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.90, which increased to $3.20 in 2019. In 2020, the price rose to $3.50, and in 2021 it further increased to $3.80. The most recent data shows that in 2022, the import price per kilogram of saffron into South Korea was $4.10. Overall, the import price of saffron into South Korea has seen a steady increase over the past five years, with the price increasing by over 40% since 2018. Based on this trend, it is likely that the import price of saffron into South Korea will continue to increase in the coming years. We can predict that the import price per kilogram of saffron into South Korea in 2023 will be around $4.40, and in 2024 it will be around $4.80.Export values for South Korea saffron
Prices of other produce in the Herbs and Spices category in South Korea: 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.
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