Iran’s saffron, also called 'desert gold’ supplies, are running dry, which producers and traders say is due to shifting weather patterns and water scarcity.
Due to a bad crop in Iran, the world's largest source of saffron, there is a shortage of the spice on the market, according to a Financial Times story published on Tuesday that included information from local exporters and producers. The most costly spice on the planet, saffron is prized for its rich flavor, complex aroma, and vivid color.
The production in Iran, which provides more than 90% of the saffron used worldwide, is predicted to be less than half of the amount in 2022, according to the analysis.
“Total production is expected to fall to about 170 metric tons from nearly 400 tons [last year],” Ali Shariati-Moghaddam, chief executive of Novin Saffron, a leading Iranian producer and exporter, told the news outlet.
The low harvest has been attributed by producers and traders to shifting weather patterns and wat...
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