Germany - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Germany - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Safflower Seed Price in Germany - 2023

Contents:

  1. Safflower Seed Price in Germany (CIF) - 2022
  2. Safflower Seed Price in Germany (FOB) - 2022
  3. Safflower Seed Imports in Germany
  4. Safflower Seed Exports in Germany

Safflower Seed Price in Germany (CIF) - 2022

In 2022, the average safflower seed import price amounted to $469 per ton, with a decrease of -2.6% against the previous year. Overall, the import price saw a slight reduction. The pace of growth appeared the most rapid in 2018 an increase of 23%. Over the period under review, average import prices reached the peak figure at $626 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,677 per ton), while the price for Kazakhstan ($315 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the prices for the other major suppliers experienced a decline.

Safflower Seed Price in Germany (FOB) - 2022

The average safflower seed export price stood at $638 per ton in 2022, growing by 3.3% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 119%. The export price peaked at $5,135 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($672 per ton), while the average price for exports to Belgium ($604 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 Portugal (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Safflower Seed Imports in Germany

For the third year in a row, Germany recorded decline in supplies from abroad of safflower seed, which decreased by -41.3% to 3K tons in 2022. Overall, imports saw a abrupt shrinkage. The smallest decline of -3.2% was in 2020.

In value terms, safflower seed imports fell dramatically to $1.4M in 2022. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 2.9% against the previous year. As a result, imports attained the peak of $2.5M, and then declined remarkably in the following year.

Import of Safflower Seed in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.11.82.11.2-17.0%
Netherlands0.30.40.20.1-30.7%
Others0.10.20.10.10.0%
Total2.52.42.51.4-17.6%

Top Suppliers of Safflower Seed to Germany in 2022:

  1. Russia (2.9K tons)
  2. Netherlands (0.1K tons)

Safflower Seed Exports in Germany

In 2022, shipments abroad of safflower seed decreased by -72.1% to 893 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of 3.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, safflower seed exports shrank rapidly to $570K in 2022. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 54%. As a result, the exports attained the peak of $2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Safflower Seed in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium8071,2481,507477-16.1%
Netherlands22622717736.8-45.4%
PortugalN/A11.8N/A28.956.5%
Poland115329216N/A37.0%
Others14818280.127.1-43.2%
Total1,2961,9971,980570-24.0%

Top Export Markets for Safflower Seed from Germany in 2022:

  1. Belgium (789.6 tons)
  2. Netherlands (54.7 tons)
  3. Portugal (44.0 tons)

Source: IndexBox Market Intelligence Platform

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

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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