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Average price of saffron in Delhi, India from financial year 2015 to 2024 (in Indian rupee per kilogram)

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Source

Release date

June 2024

Region

India

Survey time period

FY 2015 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2024 started in April 2023 and ended in March 2024. 

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of June 2024).

Values have been rounded for clarity.

Data for 2023 was not available.

Citation formats

Average price of saffron India FY 2015-2024

Published by
T. Ozbun,
Jun 18, 2024

In fiscal year 2024, the average price of saffron in Delhi, India stood at about *** 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.

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