Safflower Seed Market

Safflower seed market: get access to the latest facts and figures featured by an Ai-driven market intelligence platform. Data include market prices, exports, production, companies, market size, consumption, imports, and trade. Here is a split by region, including EU, Africa, the U.K., Russia, the U.S., China, Latin America, and the Middle East. Market dynamics and outlook to 2030 are also provided in the reports.


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Safflower Seed - World's Largest Markets

RatingCountry
1Mexico
2United States
3Kazakhstan
4India
5China

In value terms, the largest safflower seed markets worldwide were Mexico, the United States and Kazakhstan, with a combined 56% share of the global market.

Among the main consuming countries, Mexico recorded the highest growth rate of market size, over the period under review, while safflower seed market for the other global leaders experienced more modest paces of growth.

Safflower Seed Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Kazakhstan19228331728.5%
Russia22831033020.3%
Turkey3833833830.0%
Germany5185626078.3%
India6427746480.5%
United States852827820-1.9%
Netherlands8221284127024.3%
Average29341345224.3%

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($1,270 per tonne), while Kazakhstan ($317 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Belgium58165883920.2%
Philippines5976026091.0%
Germany32629943916.0%
Taiwan (Chinese)433464416-2.0%
Poland31439241214.5%
Iraq456422382-8.5%
Turkey20127935833.5%
Netherlands3113453394.4%
Iran339338337-0.3%
China22128431820.0%
Average32239841313.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Belgium ($839 per tonne), while China ($318 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced more modest paces of growth.

Safflower Seed - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
China78.41649.5%
Turkey8.48.1109.1%
Belgium57.15.98.4%
Iraq3.53.43.4-1.3%
Netherlands2.43.82.76.1%

In value terms, China ($16M), Turkey ($10M) and Belgium ($5.9M) were the countries with the highest levels of imports in 2020, with a combined 56% share of global imports. These countries were followed by Iraq, the Netherlands, Germany, Poland, the Philippines, Taiwan (Chinese) and Iran, which together accounted for a further 26%.

Germany (+133.4% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Safflower Seed - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Russia15162118.1%
Kazakhstan9.49.11631.5%
Netherlands4.55.41476.6%
Turkey0.21.83.4283.5%
United States0.81.12.160.5%

In value terms, the largest safflower seed supplying countries worldwide were Russia ($21M), Kazakhstan ($16M) and the Netherlands ($14M), together comprising 77% of global exports. Turkey, the United States, Germany and India lagged somewhat behind, together accounting for a further 14%.

Among the main exporting countries, Turkey (+283.5% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Safflower Seed - Market Forecast

The safflower seed market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.2% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Safflower Seed - Top Companies

Ungerer & Company, Inc., JOE FLOWERS PLC, CEO AGRIFOOD LIMITED, Crosbyton Seed Co, Mayerhofer Agrarhandel GmbH, DESHIDRATADORA LIBERTAD S.A.C., Agroindustrial y Comercial Agroinco S.R.L., SELET HULLING PLC, KIBBUTZ MA'AYAN TZVI ORCHARDS, AGRO SUKSES LESTARI, PT, ROLAR DE CUYO S.A., 2712270 Manitoba Ltd, Sociedad Agricola Quinahue Limitada, Sociedad Agricola Y Ganadera Tierra Buena Limitada, NUSEED S.A., Roberts Brothers Inc, Körchower Ackerbau GmbH, RAGAB ALI ELFAKE-RE FOR FLAX, S&W SEMILLAS S.A. SOCIEDAD EN FORMACION, VTGEN S.A.

Safflower Seed - Product Coverage

  • HS 120760 - Oil seeds; safflower seeds, whether or not broken
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World - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global safflower seed market.

Africa - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in Africa.

Latin America and the Caribbean - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in Latin America and the Caribbean.

South-Eastern Asia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in South-Eastern Asia.

Australia and Oceania - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in Australia and Oceania.

Southern Asia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in Southern Asia.

Eastern Asia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in Eastern Asia.

Northern America - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in Northern America.

Central Asia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in Central Asia.

Middle East - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the safflower seed market in the Middle East.

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