Most saffron is grown in a belt of land ranging from the Mediterranean in the west to Kashmir in the east. Annually, around 300 tonnes of saffron are produced worldwide. Iran ranks first in the world production of saffron, with more than 94 percent of the world yield. Iran's annual saffron production is expected to hit 300 tons by the end of the nation's Fourth Five-Year Socioeconomic Development Plan in 2009. Other minor producers of saffron are Spain, India, Greece, Azerbaijan, Morocco, and Italy. A pound of dry saffron (0.45 kg) requires 50,000–75,000 flowers. These flowers would need about a football field's area of cultivation. Some forty hours of labour are needed to pick 150,000 flowers. Upon extraction, stigmas are dried quickly and (preferably) sealed in airtight containers. Saffron prices at wholesale and retail rates range from US$500/pound to US$5,000/pound (US$1100–US$11,000 per kilogram)—equivalent to £250/€350 per pound or £5,500/€7,500 per kilo. In Western countries, the average retail price is $1,000/£500/€700 per pound (US$2200/£1100/€1550 per kilogram). A pound comprises between 70,000 and 200,000 threads. Vivid crimson colouring, slight moistness, elasticity, recent harvest date, and lack of broken-off thread debris are all traits of fresh saffron.