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SAFFRON PRICE IS IT REALLY THAT EXPENSIVE?
Saffron or Crocus sativus, is a versatile and ancient spice, highly valued, which is used in cooking for its color, flavor and aroma. It is grown in Mediterranean climates, so Spain is one of the regions.
Surely at some point you have asked yourself what the price of saffron is and it is a difficult question to answer since it depends on several factors. such as the quantity you want to buy, the quality of the saffron and the place of purchase, in addition to adverse factors such as the weather.
You may be looking for saffron, we leave you a link where to buy Spanish saffron.
KILO PRICE OF SAFFRON?
Saffron is a spice considered one of the most expensive in the world, due to its cultivation and harvesting process. Labor has a high price since its cultivation, harvesting and handling are delicate and carried out in an artisanal manner. To get 1 kg of saffron you need to pick and remove 250,000 flowers.
We find saffron in different parts of the world with very varied prices, since the country of origin of saffron is one of the factors that determines its final price, such as Iranian saffron, Greek saffron and Moroccan saffron, the which can cost up to 3000 euros, and we also find Spanish saffron with a higher price.
HOW MUCH DOES SPANISH SAFFRON COST?
We find a highly valued product, Spanish saffron, this is a product with one of the best qualities on the market, which means it has a good reputation, which leads to a higher price. This is grown in areas such as Teruel or Castilla La Mancha.
The price of Spanish saffron can therefore be 3 to 10 euros per gram, although some may exceed that price.
HOW MUCH DOES 1 KILO OF SAFFRON COST IN THE STORE?
The sale of a kilo of Spanish saffron at retail is between 3,000 and 10,000 euros, although depending on the place where we want to buy it these prices would be higher.
If we find Spanish saffron whose price ranges between 3 and 7 euros per gram, it could be because the saffron is not new of the year (select saffron) or is of lower quality than the previous year's harvest. .
HOW MUCH DOES IT COST TO BUY 1 KILO OF SAFFRON FROM THE PRODUCER?
The prices that we find if we want to buy the saffron directly from the products are very varied, this varies depending on how the harvest has been during the year and the import prices.
The highest price that has occurred in the last 10 years is 5,500 euros per kilo, it is considered high since more Spanish saffron was demanded due to the commercial veto that Iran suffered due to part of Europe and the United States.
On the contrary we found the lowest price at 1500 euros per kilo, this was due to the veto of Iran came to an end. The saffron had a sales price between 400 and 500 euros per kilo since they had an accumulation of saffron and although that price did not cover the cost of production, it helped them sell the accumulated saffron.
HOW MUCH DOES 1 KILO OF SAFFRON COST TO PRODUCE?
Answering this question is more complicated, since we must take into account that the saffron production process has fixed and variable costs. When it begins, we find costs such as the machinery used for the process of planting saffron, the purchase of the saffron bulb at the beginning, the fertilizers used, and the personnel that we want to hire for its collection, stripping and roasting.</ p>
Saffron has the peculiarity that it blooms at dawn and needs to be harvested instantly, since it withers in a single day.
In addition to the planting and harvesting process, we find a subsequent process in which they face expenses such as cleaning and adapting the saffron to ensure that it passes quality standards. And finally we will add the costs of packaging, labeling and packaging.
Taking into account the previous data, saffron producers comment that the cost of producing 1 kg of saffron would be about 6000 / 7500 euros per kilo.
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