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Average price of saffron India FY 2015-2020

In fiscal year 2020, the average price of saffron in Delhi, India stood at about 109 thousand rupees per kilogram. Saffron comes from the stigma and styles of the saffron crocus flower, making its procurement highly labor intensive. As the world's costliest spice, high prices across Indian spice markets were not surprising. Kashmiri saffron was distinctive for its dark color, strong flavor and aroma compared to other parts of the world.
According to the source, prices were only indicative of trends, and obtained from local markets - in this case, Delhi, the capital region. For the country, prices for spices vary depending on quality and origin.

Average price of saffron in Delhi, India from financial year 2015 to 2020

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Release date

September 2020



Survey time period

FY 2015 to FY 2020

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

One Indian rupee is equal to 0.013 U.S. dollars and 0.011 euros (as of September 2020).

Values have been rounded for clarity.

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