Poland - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSafflower Seed Price in Poland - 2023
Contents:
- Safflower Seed Price in Poland (CIF) - 2023
- Safflower Seed Price in Poland (FOB) - 2022
- Safflower Seed Imports in Poland
- Safflower Seed Exports in Poland
Safflower Seed Price in Poland (CIF) - 2023
The average safflower seed import price stood at $372 per ton in October 2023, which is down by -18.9% against the previous month. Overall, the import price showed a slight setback. The pace of growth appeared the most rapid in February 2023 an increase of 28% m-o-m. As a result, import price attained the peak level of $544 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From October 2022 to October 2023, the rate of growth in terms of prices for Russia amounted to -0.8% per month.
Safflower Seed Price in Poland (FOB) - 2022
The average safflower seed export price stood at $695 per ton in 2022, increasing by 6.8% against the previous year. In general, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2019 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs at $789 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($818 per ton) and the UK ($693 per ton), while the average price for exports to the Czech Republic ($642 per ton) and Hungary ($662 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Safflower Seed Imports in Poland
In 2022, approx. 5.6K tons of safflower seed were imported into Poland; growing by 35% compared with 2021. The total import volume increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, safflower seed imports surged to $2.9M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Safflower Seed in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,408 | 1,734 | 1,849 | 2,478 | 20.7% |
| Kazakhstan | 6.5 | 4.6 | 53.7 | 351 | 278.0% |
| Belarus | N/A | N/A | N/A | 44.3 | 0% |
| Others | 161 | 302 | 259 | 40.4 | -36.9% |
| Total | 1,575 | 2,040 | 2,162 | 2,914 | 22.8% |
Top Suppliers of Safflower Seed to Poland in 2022:
- Russia (4.7K tons)
- Kazakhstan (0.8K tons)
- Belarus (0.1K tons)
Safflower Seed Exports in Poland
In 2022, approx. 894 tons of safflower seed were exported from Poland; increasing by 30% compared with the previous year's figure. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, safflower seed exports skyrocketed to $621K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Safflower Seed in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 63.9 | 41.4 | 92.5 | 256 | 58.8% |
| Germany | 42.9 | 44.0 | 172 | 170 | 58.2% |
| Italy | N/A | 10.7 | 15.9 | 101 | 207.2% |
| Czech Republic | 14.2 | 3.1 | 3.4 | 41.5 | 43.0% |
| United Kingdom | 0.1 | N/A | 12.7 | 41.5 | 645.9% |
| Romania | N/A | 17.0 | 4.0 | 0.4 | -84.7% |
| Taiwan (Chinese) | 150 | N/A | N/A | N/A | 0% |
| United States | N/A | 205 | 57.6 | N/A | -71.9% |
| Others | 31.2 | 28.3 | 88.5 | 10.9 | -29.6% |
| Total | 302 | 350 | 446 | 621 | 27.2% |
Top Export Markets for Safflower Seed from Poland in 2022:
- Hungary (386.8 tons)
- Germany (246.8 tons)
- Italy (123.0 tons)
- Czech Republic (64.7 tons)
- United Kingdom (60.0 tons)
- Romania (0.5 tons)
This report provides an in-depth analysis of the safflower seed market in Poland. 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:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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