GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Herb

Statistics show that saffron is the most expensive herb in the world, with prices reaching up to $5,000 per pound due to its labor-intensive cultivation process.

With sources from: bbc.com, foodingredientsfirst.com, wiscontext.org, epicurious.com and many more

Statistic 1

The price of Saffron ranges between $500 to $5,000 per pound, depending on the quality.

Statistic 2

Saffron is often sold in small quantities, a few grams at a time, due to its high cost.

Statistic 3

Spain, Iran, Greece, and India are some of the largest producers of the Saffron herb.

Statistic 4

Saffron is labor-intensive to harvest, making it the most expensive spice.

Statistic 5

Vanilla Bean is the second most expensive spice in the world and can cost up to $600 per pound.

Statistic 6

Cardamom spice, considered the third most expensive in the world, can fetch up to $30 per pound.

Statistic 7

The price of Dried Taragon can reach up to $70 per pound.

Statistic 8

Dried Thyme can cost up to $18 per pound.

Statistic 9

Dried Echinacea, a medicinal herb, can cost up to $70 per pound.

Statistic 10

Mehr saffron, one of the most expensive saffron brands in the world, can cost around $15 per gram.

Statistic 11

Chia Seeds are among the pricier herbs, with costs varying around $15 per pound.

Statistic 12

Medicinal herbs like Ginseng can cost around $500 to $600 per pound.

Statistic 13

One of the most expensive herbs, St. John's Wort, can be sold for approximately $50 per pound.

Statistic 14

White truffle, a prized delicacy in culinary practice, can cost up to $168 per ounce.

Statistic 15

Fresh Rosemary is priced between $2 - $10 per bunch depending on grower and market conditions.

Statistic 16

Rue, a medicinal herb, is priced at approximately $35 per pound.

Statistic 17

Australian Finger Lime, used in culinary preparations, can cost around $150 per pound.

Sources Icon Sources

In the following post, we explore the exorbitant world of expensive herbs, from the coveted Saffron priced at up to $5,000 per pound to the luxurious White truffle reaching $168 per ounce. Dive into the intricate market dynamics and labor-intensive processes that contribute to the staggering prices of these culinary and medicinal treasures.

Statistic 1

"The price of Saffron ranges between $500 to $5,000 per pound, depending on the quality."

Sources Icon

Statistic 2

"Saffron is often sold in small quantities, a few grams at a time, due to its high cost."

Sources Icon

Statistic 3

"Spain, Iran, Greece, and India are some of the largest producers of the Saffron herb."

Sources Icon

Statistic 4

"Saffron is labor-intensive to harvest, making it the most expensive spice."

Sources Icon

Statistic 5

"Vanilla Bean is the second most expensive spice in the world and can cost up to $600 per pound."

Sources Icon

Statistic 6

"Cardamom spice, considered the third most expensive in the world, can fetch up to $30 per pound."

Sources Icon

Statistic 7

"The price of Dried Taragon can reach up to $70 per pound."

Sources Icon

Statistic 8

"Dried Thyme can cost up to $18 per pound."

Sources Icon

Statistic 9

"Dried Echinacea, a medicinal herb, can cost up to $70 per pound."

Sources Icon

Statistic 10

"Mehr saffron, one of the most expensive saffron brands in the world, can cost around $15 per gram."

Sources Icon

Statistic 11

"Chia Seeds are among the pricier herbs, with costs varying around $15 per pound."

Sources Icon

Statistic 12

"Medicinal herbs like Ginseng can cost around $500 to $600 per pound."

Sources Icon

Statistic 13

"One of the most expensive herbs, St. John's Wort, can be sold for approximately $50 per pound."

Sources Icon

Statistic 14

"White truffle, a prized delicacy in culinary practice, can cost up to $168 per ounce."

Sources Icon

Statistic 15

"Fresh Rosemary is priced between $2 - $10 per bunch depending on grower and market conditions."

Sources Icon

Statistic 16

"Rue, a medicinal herb, is priced at approximately $35 per pound."

Sources Icon

Statistic 17

"Australian Finger Lime, used in culinary preparations, can cost around $150 per pound."

Sources Icon

Interpretation

In conclusion, the pricing of herbs varies significantly based on factors such as quality, origin, and labor intensity. Saffron stands out as the most expensive spice, fetching prices ranging from $500 to $5,000 per pound due to its labor-intensive harvesting process. Vanilla Bean and Cardamom are also pricey spices, with costs reaching up to $600 per pound and $30 per pound, respectively. Medicinal herbs like Dried Echinacea and Ginseng can also be quite expensive, with prices up to $70 and $500 to $600 per pound, respectively. Interestingly, Australian Finger Lime is another high-priced herb used in culinary preparations, costing around $150 per pound. The diverse range of prices across different herbs reflects their unique qualities and market demands, making them valuable commodities in various industries.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!