How is the market saffron in Africa?

Saffron is a spice derived from the extraction of the stigmas of the crocus sativus or autumn crocus flower. Once harvested, it is dried and utilized either as a dye or coloring agent for food and other products, or as a spice to add flavor to dishes. Saffron is one of the most expensive spices across the globe and has a wide application scope across myriad industries such as food & beverage and pharmaceuticals, among others.

Based on selinawamucii, the yearly growth in the quantity of South Africa saffron market between 2015 and 2018 was -75% when compared to the growth rate between 2017 and 2018. South Africa’s share of the world’s total saffron exports in 2018 was 0%.

Based on Trademap, The value of imported saffron has been 1.3 million USD. South Africa, Morocco, Keny, Algeria, Angola and Egypt accounted for more than 95% of imported saffronـ in Africa in 2018. It is near 1300 kg saffron or 0.5 % of saffron imported in World.

 

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