Saffron Prices in India
| Variety | Market level | Price (US$/kg) | Local (INR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Export (unit value) | 354.05 | 29,333 | ▲ 750.5% | ▲ 750.5% | UN Comtrade (unit value) |
As of January 2024, the saffron price in India is US$ 354.05 per kg (29,333 INR), up 750.5% year-on-year.
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Saffron Price History & Trend
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Production, Exports, Imports & HS Codes — saffron in India
Exports UN Comtrade · 2024
In 2024, India exported $3.6M (10.2 t) of saffron▲ 474.5% YoY. That ranks #5 worldwide (3.7% of global exports).
Export value by year (US$)
Export volume by year
Top saffron exporters worldwide UN Comtrade · 2024
- #1 Spain $56.2M · 57.5%
- #2 Netherlands $8.6M · 8.8%
- #3 Oman $5.4M · 5.6%
- #4 France $4.3M · 4.4%
- #5 India $3.6M · 3.7%
Annual export data India · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $3.6M | 10.2 t | $354.05 |
| 2023 | $628.1K | 15.1 t | $41.63 |
| 2022 | $1.1M | 27.1 t | $40.81 |
| 2021 | $973.6K | — | — |
| 2020 | $1.7M | 32.7 t | $50.45 |
HS Code
saffron is traded under Harmonized System code 0910.20. Trade figures above are compiled for this HS heading.
Sources: trade & HS — UN Comtrade. Values are official reported figures.