China - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSafflower Seed Price in China - 2023
Contents:
- Safflower Seed Price in China (CIF) - 2023
- Safflower Seed Price in China (FOB) - 2022
- Safflower Seed Imports in China
- Safflower Seed Exports in China
Safflower Seed Price in China (CIF) - 2023
The average safflower seed import price stood at $280 per ton in December 2023, shrinking by -2.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 5.4% month-to-month. The import price peaked at $336 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From December 2022 to December 2023, the rate of growth in terms of prices for Kazakhstan amounted to -0.8% per month.
Safflower Seed Price in China (FOB) - 2022
In 2022, the average safflower seed export price amounted to $1,370 per ton, jumping by 30% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2019 an increase of 65%. As a result, the export price reached the peak level of $1,630 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,384 per ton), while the average price for exports to Japan ($744 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Safflower Seed Imports in China
For the fourth consecutive year, China recorded growth in purchases abroad of safflower seed, which increased by 67% to 61K tons in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, safflower seed imports soared to $26M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Safflower Seed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 8.4 | 10.9 | 14.6 | 26.2 | 46.1% |
| Others | N/A | 0.1 | 1.3 | N/A | 1200.0% |
| Total | 8.4 | 10.9 | 15.8 | 26.2 | 46.1% |
Top Suppliers of Safflower Seed to China in 2022:
- Kazakhstan (60.7K tons)
Safflower Seed Exports in China
In 2022, after two years of decline, there was significant growth in shipments abroad of safflower seed, when their volume increased by 118% to 107 tons. Overall, exports, however, saw a precipitous shrinkage.
In value terms, safflower seed exports surged to $146K in 2022. Over the period under review, exports, however, continue to indicate a precipitous curtailment.
| Export of Safflower Seed in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 0.3 | 87.4 | 29033.3% |
| Thailand | 27.2 | N/A | N/A | 33.2 | 6.9% |
| South Korea | 19.7 | 39.2 | 43.5 | 17.8 | -3.3% |
| Japan | 60.8 | 63.1 | N/A | 7.9 | -49.4% |
| Kazakhstan | N/A | 143 | N/A | N/A | 0% |
| Uzbekistan | 58.4 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 234 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 51.4 | N/A | N/A | N/A | 0% |
| Iran | 223 | N/A | N/A | N/A | 0% |
| Others | 25.4 | 10.6 | 7.9 | 0.1 | -84.2% |
| Total | 700 | 256 | 51.8 | 146 | -40.7% |
Top Export Markets for Safflower Seed from China in 2022:
- Thailand (42.0 tons)
- United States (36.7 tons)
- South Korea (16.6 tons)
- Japan (10.6 tons)
This report provides an in-depth analysis of the safflower seed market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 280 - Safflower seed
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
595
This report provides an in-depth analysis of the safflower seed market in China.
579
This report provides an in-depth analysis of the karite (shea) nuts market in China.
729
This report provides an in-depth analysis of the cottonseed market in China.
768
This report provides an in-depth analysis of the melon seed market in China.
838
This report provides an in-depth analysis of the mustard seed market in China.
1052
This report provides an in-depth analysis of the poppy seed market in China.
1599
This report provides an in-depth analysis of the sesame seed market in China.
623
This report provides an in-depth analysis of the oil crops market in China.
2734
This report provides an in-depth analysis of the global safflower seed market.
1545
This report provides an in-depth analysis of the global karite (shea) nuts market.
260
The price of Safflower Seed in June 2023 was $318 per ton (CIF, China), showing a decrease of -3.4% compared to the previous month.
237
In July 2022, the growth pace of Cottonseed was the most rapid, with a remarkable increase of 478% compared to the previous month. In terms of value, cottonseed imports skyrocketed to $16M in June 2023.
1064
In September 2022, the sesame seed price stood at $1,598 per ton (CIF, China), remaining relatively unchanged against the previous month.
1078
Global safflower seed consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
2922
In 2015, the countries with the highest levels of safflower seed production were Kazakhstan (X thousand tons), Russia (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1525
Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
2143
In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
856
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
1289
Global cottonseed exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
1467
In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
