Saffron is one of the most valuable and expensive spices in the world. This spice, obtained from the flowers of the Crocus sativus plant, is used both in cooking and for medicinal purposes. However, the price of saffron can vary depending on many factors. Here are the factors that affect the price per kilogram of saffron and the average price ranges:
1-) Quality of Saffron
The quality of saffron is one of the most important factors determining its price. The quality of saffron depends on the ratio of safranal and crocin it contains. High-quality saffron offers a more intense colour and aroma. Saffron is divided into three main quality classes:
- 1st Class (Super Negin): This is the highest quality saffron. The threads are long and red in colour.
- 2. Grade (Sargol): Good quality with slightly shorter threads.
- 3. Grade (Pushal): The lowest quality saffron. The threads are shorter and may contain yellowish parts.
2-) Origin
The place where saffron is produced also has a significant impact on its price. Here are some popular saffron production regions and their prices:
- Iran: Iran accounts for a large portion of global saffron production. Iranian saffron is generally of high quality, with prices ranging from 3,000 to 10,000 USD per kilogram.
- India (Kashmir): Kashmir saffron is known for its intense aroma and colour. Prices can range from 5,000 to 15,000 USD per kilogram.
- Spain: Spanish saffron, particularly that produced in the La Mancha region, is a high-quality saffron. The price per kilogram can range from 4,000 to 12,000 USD.
3-) Purchase Location
The location where saffron is purchased also affects the price. Online stores, local markets, and specialty spice shops may offer different prices. Discounts are typically available when purchasing in large quantities.
4-) Harvesting and Processing Process
Saffron is a spice harvested by hand, and this process is highly labour-intensive. Only three threads of saffron are obtained from each flower, which explains its high price. The harvesting time and processing method are other factors that influence the price.
4-) 1 kg of Saffron in Turkey
The price of 1 kg of saffron in Turkey ranges from 500,000 TL to 700,000 TL, depending on the quality of the saffron. When purchasing such large quantities, it is crucial to source it from reliable suppliers.