Serbia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSafflower Seed Price in Serbia - 2023
Contents:
- Safflower Seed Price in Serbia (CIF) - 2022
- Safflower Seed Price in Serbia (FOB) - 2022
- Safflower Seed Imports in Serbia
- Safflower Seed Exports in Serbia
Safflower Seed Price in Serbia (CIF) - 2022
The average safflower seed import price stood at $594 per ton in 2022, increasing by 10% against the previous year. In general, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of 31%. The import price peaked at $1,076 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,216 per ton), while the price for Belarus ($501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+27.0%), while the prices for the other major suppliers experienced a decline.
Safflower Seed Price in Serbia (FOB) - 2022
In 2022, the average safflower seed export price amounted to $791 per ton, waning by -55.6% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 107%. As a result, the export price reached the peak level of $1,781 per ton, and then dropped markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.1% per year.
Safflower Seed Imports in Serbia
In 2022, safflower seed imports into Serbia surged to 135 tons, jumping by 39% compared with 2021. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 110%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, safflower seed imports skyrocketed to $80K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 108%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Safflower Seed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 25.5 | 54.2 | 52.5 | 61.2 | 33.9% |
| Hungary | N/A | N/A | N/A | 8.8 | 0% |
| Belarus | N/A | N/A | N/A | 5.0 | 0% |
| Poland | 0.6 | N/A | N/A | 3.6 | 81.7% |
| Others | N/A | N/A | N/A | 1.7 | 0% |
| Total | 26.1 | 54.2 | 52.5 | 80.4 | 45.5% |
Top Suppliers of Safflower Seed to Serbia in 2022:
- Russia (109.2 tons)
- Hungary (12.1 tons)
- Belarus (10.0 tons)
- Poland (3.0 tons)
Safflower Seed Exports in Serbia
In 2022, the amount of safflower seed exported from Serbia surged to 800 kg, rising by 43% on 2021 figures. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 461% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, safflower seed exports dropped remarkably to $633 in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,062% against the previous year. As a result, the exports reached the peak of $999, and then contracted notably in the following year.
| Export of Safflower Seed in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| North Macedonia | 60.0 | N/A | 633 | 224.8% | |
| Croatia | N/A | 298 | N/A | 0% | |
| France | N/A | 697 | N/A | 0% | |
| Netherlands | 26.0 | 4.0 | N/A | -84.6% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 86.0 | 999 | 633 | 171.3% | |
Top Export Markets for Safflower Seed from Serbia in 2022:
- North Macedonia (800.0 kg)
This report provides an in-depth analysis of the safflower seed market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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