Gulfood fair Dubai 2023
It was an amazing week at Gulfoodfair and was a pleasure to connecting with new people and companies all over the world and shaping the future of the industry.
Thank you, for all, for being an amazing clients and for your continued trust in us!
Glad to inform you to know more about Iranian Saffron
Iranian Saffron market has been experienced fluctuation situation since one month ago.In fact, Saffron price has increase around %25 compare previous month but these days start comeback to the previous price.
Factors
Iranian economy, Supply and Demand sides are factors that effect Iranian Saffron market.
Iranian economy
Local currency drop down around %30 but these day begin to turn back.
Supply
Farmers had not been motivated to sale their goods by new crop price was harvested contrast these days show more interest.
Local Demand
Local market will effect by two important Iranian and Muslim events: Nowroz and Ramadan month in the March and April months which increase saffron consumption.
International Demand
There are major factors influence Iranian Saffron consumption strongly around world: 1)Open China market 2)increase income in Arabian Countries
Result
According our believe
Some factors like local and international demand press price up in contrast World and Iranian economy facts resist to it in next months.
Please Keep in touch with us continuously by our new products and price,too.