30-Jan-2025
Key Highlights:
India, renowned for its rich heritage in spice cultivation, holds a prominent position in the global saffron market. With its high-quality production, competitive pricing, and growing international demand, Indian saffron presents a lucrative opportunity for exporters. Over the years, India has been the 11th largest exporter of saffron in the world. Even the government is taking the initiative to increase the production and export of saffron by 2030.
This guide explores the insights on saffron export from India in 2024-25, including saffron exporters in India and saffron HSN codes. Additionally, we will discuss saffron-exporting countries as well.
A common nickname for saffron is "Red Gold." The fact that saffron is the most costly and delicate spice in the world is one of the primary causes. In addition to its centuries-old culinary use, saffron plays a significant role in the pharmaceutical sector.
Although its distinct flavour also makes it a popular ingredient, many people use it to give recipes of all kinds a lovely golden hue.
The saffron crocus is a desirable option for a food dye because of its deep red colour, which is derived from its stigmas.
Its aroma can be combined with other components to create distinctive scents in perfumes, which is another unexpected application.
Some people also use saffron to enhance some aspects of their health. Research has indicated that taking saffron stigma can help patients with depression.
Approximately 300 tonnes of saffron are produced annually worldwide. Iran, India, Spain, and Greece are the top four saffron-producing nations. Iran accounts for around 88% of global saffron output and occupies the largest area.
Despite having the second-largest land area, India accounts for about 7% of global production.
India produces roughly 6–7 tonnes of saffron annually. In comparison to its yearly consumption, India produces very little saffron.
Although Jammu and Kashmir produces most of India's saffron, the nation aims to increase its output in other areas.
In Srinagar's Pampore area and Jammu and Kashmir's Kishtwar district, saffron is grown.
According to saffron export data, India is the world's thirteenth exporter of saffron, with $1.44 million worth of exports in 2022.
India exported 4,355 shipments of saffron between March 2023 and February 2024 (TTM), according to data on saffron export from India.
These commodities were sold to 1,561 purchasers by 728 Indian exporters, a 26% rise over the preceding 12 months. In February 2024 alone, 316 shipments of saffron were shipped from India during this period.
India is the biggest exporter of saffron, with 54,078 shipments, followed by South Africa (7,178 shipments) and Spain (3,068 shipments), as per saffron export data from India.
However, get in touch with our dashboard right now if you are seeking saffron HSN codes, import and export details of saffron in India, or Kesar export from India.
The Saffron HSN code is 091020. Other spices, such as bay leaves, thyme, turmeric, and ginger, also use this code.
Other saffron HSN codes include the following:
Here are the key factors driving the industry of saffron export from India:
High-Quality Production
India, one of the leading producers of saffron worldwide, guarantees a steady and dependable supply for the export of saffron from India while upholding the highest quality standards.
Rising Global Demand
Like many other Indian spices, kesar export from India is done at a very large level globally. The demand for real Indian ingredients, like saffron, has increased due to the rising popularity of Indian food.
Increasing Market Possibilities
Saffron has enormous market potential because it is extensively utilized in traditional and contemporary culinary techniques across various cuisines and food businesses.
Strong Market Reach & Profitability
Saffron is one of the many Indian spices that are highly regarded throughout the world. This guarantees enterprises that produce and export saffron high and steady yearly earnings.
Here are the top markets for saffron export from India:
|
Top Rank |
Destinations for Kesar Export from India |
Saffron Export Data from India |
|
1 |
UAE |
$145k |
|
2 |
Hong Kong |
$118k |
|
3 |
United States |
$87k |
Thus, these are the main markets for the export of saffron from India. However, check out our data-centric platform immediately if you are seeking the most recent figures on saffron export from India, a list of saffron exporters in India, or saffron HSN codes.
Below are the top 10 saffron exporting countries:
|
Saffron Exporting Countries |
Saffron Export Data |
|
Spain |
$55,324,100 |
|
European Union |
$43,086,710 |
|
United Arab Emirates |
$13,238,910 |
|
Portugal |
$3,804,360 |
|
France |
$3,694,670 |
|
Netherlands |
$3,271,390 |
|
Poland |
$2,004,800 |
|
Greece |
$1,856,950 |
|
Italy |
$1,506,000 |
|
Germany |
$1,251,340 |
So, Spain is the largest exporter of saffron in the world, with an export value of $55,324,100. Apart from all these leading saffron exporting countries, Turkey, India, Nepal, Iran, and Ireland also export a considerable amount of saffron. To get a detailed list of all the top saffron exporters worldwide, saffron HSN codes, or saffron export from India, explore our saffron export data on Exportimportdata.in
Examine the following list of the biggest exporter of saffron!
Below are the prime exporters of saffron from India:
Thus, these are the largest exporter of saffron that export saffron from India in large quantities. However, get in touch with Exportimportdata.in and browse the worldwide trade data at any moment if you require the most recent information on Kashmiri saffron exporters in India, saffron export data, or saffron export from India.
Exportimportdata.in is the platform where you can leverage our saffron export data from India to find genuine buyers and suppliers of saffron countrywide in no time.
We have a detailed list of saffron importers, shipment values, and saffron HSN codes. Additionally, you can gain market insights, market trends, and other relevant information that will eventually help you run your saffron export from India successfully.
Saffron export from India is a profitable business if done with proper planning. However, if Kashmiri saffron exporters in India need assistance locating the best saffron products in the best-fit market, use our saffron export data from India to get genuine buyers, suppliers, and keen market insights.
Exportimportdata.in provides real-time data gathered from authorized sources by our team of experts. Please get in touch with us at any time and bring your business to new heights. To schedule a free live demo, connect with us by clicking here.
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Yes, India can export saffron, but traders need to collect all the mandatory documents and certificates to comply with the import regulations of the domestic country and export destination.
Based on saffron export data for 2023-24, Spain is the largest exporter of saffron in the world, with an export value of $55,324,100.
The top saffron importing countries are the European Union, Spain, the United Arab Emirates, the United States, and India.
In 2023-24, Spain imported saffron worth US$ 45 million, which is 17.6% of the world's imports, making the nation the biggest buyer of saffron.
According to saffron export data, India is the world's thirteenth exporter of saffron, with $1.44 million worth of exports in 2022.
