How COVID-19 Affects Saffron Market
The economic and social disruption caused by coronavirus is overwhelming: millions of people are at risk of falling into extreme poverty, which will increase the number of undernourished people. Today in this article we want to talk about COVID-19, its massive and destructive behaviors on social and economic life, and tell you how it can affect Saffron markets around the world.
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The Outset of COVID-19
The first human cases of COVID-19, the disease caused by the new coronavirus, were first reported by officials in Wuhan City, China, in December 2019. Since then, There have been 48M confirmed cases, with a death toll of 1.17M around the world.
COVID-19 is caused by a virus. Antibiotics are not used against viruses. People who become ill with COVID-19 can also develop a bacterial infection as a complication. In that case, antibiotics may be recommended.
What are the Economic Impacts?
The economic impacts of this virus have been brutal. A whole lot of people lost their jobs and a lot of shops and companies went out of business because of COVID-19. Evidently, it affects the Saffron market as well. Iran has always been looking for new export markets during these years. But it is not still clear which countries are suitable to export to and what criteria are to be employed to recognize those countries. The production of Saffron is always increasing in Iran. Thus Iran has been looking for new export markets during recent years but the companies still don’t know which countries are good to have business relationships with.
Read also: 8 Benefits Of Saffron You Didn’t Know about!
Has it Only affected Iran?
No, it is not just Iran that can’t continue importing its Saffron.
The exports of Saffron have stopped in many countries since the outbreak of coronavirus. The virus is not only affecting Iran but also all the other export destinations as well. The virus has infected 47 export destinations. Export operations are running but slowly. Overseas customers have also postponed shipping because of the virus and it means higher costs for the suppliers.
How to Keep Yourself and Others Safe From COVID-19
- Wash your hands regularly with soap and water, or clean them with an alcohol-based hand rub.
- Maintain at least a 1-meter distance between yourself and others to reduce your risk of infection when they cough, sneeze, or speak.
- Maintain an even greater distance between yourself and others when indoors. The further away, the better.
- Make wearing a mask a normal part of being around other people.
- Cover your mouth and nose when coughing or sneezing.
- Stay home if you feel unwell.