Iran exported more than 76 tonnes of saffron worth $110 million in the 10 months to January 20, said a report.

The amount of saffron exports has experienced a 35 per cent drop compared to the same period last year due to fluctuations in prices, Gholamreza Miri, deputy head of Iran's Union of Sellers and Exporters of Saffron, was quoted as saying in an Iran Daily report.

He added that if the volatility continued, Iran will face an eventual lack of demand for the product leading to stagnation.

Miri noted that in order to boost exports the stabilisation of market conditions is necessary.
 
He said that we are now able to export saffron to countries like the US though the process was banned over the past years due to international sanctions.