Why grow saffron and how to profit from it?

Saffron crocus (Crocus sativus) is a perennial plant that blooms in autumn. Red stigmas are used to make saffron spice. It grows successfully on Bulgarian land, climatic conditions are appropriate, resulting in high yield and good quality indicators. This exotic spice can be sold all over the world. The market is satisfied with only 30% of the demanded quantity, which makes the interest in this spice extremely big. They call it “red gold”. This is the most expensive spice in the world. If you have a plot on which you do not know what to plant, this is a very good option. Saffron crocus will pay back many times for your hard work. It is planted at the end of summer and you can see the results of your work after 40-50 days.

 

For one decare, 40,000 to 80,000 bulbs are needed, they will multiply within 3 years.

INVESTMENTS ARE MADE ONLY THE FIRST YEAR.

Every year flowering is more powerful than the previous one. The yield depends on how many plants we have and the size of the bulbs. Larger bulbs give 2-3 flowers in the first year. Red stigmas are dried at 45 degrees for 3 hours in a dehydrator. The result is 200-600 grams of dry saffron from one acre for the first year. The second year of production is 1kg – 1,200kg. Yield increases proportionally and in the third year. Approximately 150 blossoms are required to produce a gram of dry saffron.

World market prices vary over the years. 20,000 EUR is the retail price for first quality, 16,000 euros for second and 4,000-5,000 euros for third quality per kilogram of saffron.

The reason for the high price of saffron is the manual labor and the inability to grow it on large terrains. In Bulgaria the soils are very suitable and the climate is favorable for its cultivation. It is a great offer for anyone who wants to work and earn. For entrepreneurs too – labor costs in Bulgaria are still low and profits from saffron are very high for larger areas. The process of planting the bulbs can be mechanized, except the manual collection of the flowers and the separation of stamens.