What is the price of saffron per kilogram/pound in US today?
The retail price range for US saffron is between US$ 776.80 and US$ 1,456.50 per kilogram or between US$ 352.29 and US$ 660.54 per pound(lb). Click here to see today's exact prices of saffron in US
The retail price range in Euro for saffron is between EUR 712.66 and EUR 1,336.24 per kilogram or between EUR 323.20 and EUR 606.00 per pound(lb) in Washington and New York.
In 2023, the approximate wholesale price range for US saffron is between US$ 543.76 and US$ 1,019.55 per kilogram or between US$ 246.60 and US$ 462.38 per pound(lb).
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US Saffron Export Prices - Historical, Trends and Prediction
The export price per kilogram of Saffron from the US over the last five years has seen a significant increase. In 2017, the price was 11.87 US dollars per kilogram, and by 2021, it had risen to 30.86 US dollars per kilogram. The highest price was recorded in 2018 at 30.65 US dollars per kilogram, while the lowest was in 2014 at 5.33 US dollars per kilogram. The current price is 28.53 US dollars per kilogram. Based on the current trend, it is predicted that the export price per kilogram of Saffron from the US in 2023 will be around 32.00 US dollars and in 2024 will be around 33.50 US dollars.
US Saffron Import Prices - Historical, Trends and Prediction
The import price per kilogram of Saffron into the US over the last five years has been quite volatile. In 2017, the price was $11.87, which was followed by a sharp increase to $30.65 in 2018. This was followed by a slight decrease to $28.80 in 2019 and then a further decrease to $28.53 in 2020. However, the price has been on the rise again in 2021 and 2022, reaching $30.86 and $30.67 respectively. Based on this trend, it is likely that the import price per kilogram of Saffron into the US will continue to increase in 2023 and 2024, with an estimated price of $31.50 and $32.35 respectively.
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Export values for US saffron
The total values in export for saffron in the US were US$576, US$856, US$861 and US$1104 in US dollar thousand for the years 2019, 2020, 2021 and 2022 in that order.