Types of saffron market in Europe + saffron trade in Europe
What will you read ...Saffron trade in Europe (two different markets)European foreign marketForeign storesSaffron wholesale in Europe by foreignersNative European marketLocal saffron stores in EuropeSaffron wholesalers in EuropeLocal saffron market and foreign saffron market
Saffron trade in Europe: two different markets. An interesting and informative article about the cultures, prices and qualities of saffron in Europe
Saffron trade in Europe (two different markets)
Saffron is one of the most expensive and popular products in the world. This beautiful flower with red and fragrant stigmas is used in cooking, pharmacy, perfumery, etc. Saffron is mainly produced in Middle East and South Asian countries and exported to other parts of the world. Europe is one of the most important saffron markets in the world. But do you know that there are two types of markets for saffron trade in Europe?
European foreign market
The market of European foreigners refers to markets that are managed by non-natives in European countries. These people are usually from countries that produce or consume saffron. For example, Persian speakers (Iranians and Afghans), Arab speakers (such as Morocco, Syria and Iraq), Indians and Pakistanis. These people follow a specific business culture in their destination countries. They adjust the packaging, price, quality and sales method of saffron based on the habits and tastes of their country.
Many European expats have their stores in the densely populated areas of the Netherlands, France, Germany, Spain and other European countries. In these stores, saffron is offered along with other foreign products. The packaging of saffron in these stores depends on their culture. For example, saffron is sold in Iranian stores in cup packaging. (This packaging is also known as salted packaging in Iran).
Saffron is sold in Arabic stores in Khatam packaging, and Indian saffron is sold in plastic.
The price of each gram of saffron in these stores is between 2 and 3 and a half euros. The main customers of these stores are foreigners who are looking for their own products. Native citizens usually buy very little from these stores.
Saffron wholesale in Europe by foreigners
European foreigners are present not only in retail stores, but also in the wholesale market. They sell their products in bulk and at a lower price than the local market. Some foreigners have special expertise in selling some products. For example, Afghans have a significant share in the European mobile phone market, especially in the Netherlands. They sell different mobile phones at reasonable prices and different quality.
The saffron business in Europe is like this.
Saffron and saffron products are mainly supplied in European countries by foreigners living in Europe.
Native European market
Native European market refers to the markets that are managed by the main citizens of European countries. These citizens usually import directly from saffron producing countries and package, price, quality control and sell saffron according to European standards.
The saffron trade is carried out by native people in Europe with high standards.
Local saffron stores in Europe
Native stores are located in commercial and tourist areas of European countries. In these stores, saffron is offered along with other local products. The packaging of saffron in these stores is in the form of boxes, bottles, bags and plastic.
Some of these saffron packages are done in a luxurious and beautiful way, which is a combination of the mentioned items.
The price of each gram of packaged saffron in these stores is between 2 and 6 euros. The main customers of these stores are local citizens and tourists who are looking for high quality and standard products. Foreigners usually buy less from these stores.
Saffron wholesalers in Europe
Native wholesalers are located in industrial and commercial areas of European countries. In these wholesalers, saffron is sold in packages and at a higher price than the foreign market. The packaging of saffron in these wholesale shops is in the form of boxes, bottles, bags and plastic. The price of each gram of saffron in these wholesale shops is between 5 and 8 euros. The main customers of these wholesalers are stores, restaurants, hotels and other local institutions that are looking for high quality and standard products.
Local saffron market and foreign saffron market
According to the above, it can be said that saffron has two different markets in Europe: the foreign market and the local market. The foreign market is managed by non-native people in European countries and saffron is sold with their own culture, price and quality. The local market is managed by the main citizens of European countries and they sell saffron with European standards. Both markets have their place in the European market and attract their audience.
King Business Company supplies saffron mainly in the local and foreign markets.
Contact our colleagues to buy bulk and packaged saffron (in various types of packaging). [Whatsapp]