Report Asia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Asia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Safflower Seed Market Overview 2021

Safflower Seed Market Size in Asia

The Asian safflower seed market was estimated at $X in 2020, surging by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2018 to 2020, the growth of the market remained at a somewhat lower figure.

Safflower Seed Production in Asia

In value terms, safflower seed production totaled $X in 2020 estimated in export prices. In general, production, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Kazakhstan (X tonnes) constituted the country with the largest volume of safflower seed production, accounting for X% of total volume. Moreover, safflower seed production in Kazakhstan exceeded the figures recorded by the second-largest producer, China (X tonnes), sevenfold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

From 2012 to 2020, the average annual growth rate of volume in Kazakhstan totaled +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and Turkey (+X% per year).

The average safflower seed yield expanded slightly to X kg per ha in 2020, picking up by X% against the previous year's figure. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 when the yield increased by X% against the previous year. The level of yield peaked at X kg per ha in 2017; however, from 2018 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the safflower seed harvested area in Asia rose notably to X ha, surging by X% compared with the year before. Over the period under review, the harvested area, however, recorded a perceptible contraction. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. The level of harvested area peaked at X ha in 2014; however, from 2015 to 2020, the harvested area remained at a lower figure.

Production By Country in Asia

The country with the largest volume of safflower seed production was Kazakhstan (X tonnes), comprising approx. X% of total volume. Moreover, safflower seed production in Kazakhstan exceeded the figures recorded by the second-largest producer, China (X tonnes), sevenfold. Turkey (X tonnes) ranked third in terms of total production with a X% share.

In Kazakhstan, safflower seed production increased at an average annual rate of +X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: China (+X% per year) and Turkey (+X% per year).

Safflower Seed Exports

Exports in Asia

In 2020, exports of safflower seed in Asia skyrocketed to X tonnes, increasing by X% against the previous year. In general, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, safflower seed exports skyrocketed to $X in 2020. Total exports indicated a prominent expansion from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in the near future.

Exports by Country

In 2020, Kazakhstan (X tonnes) was the main exporter of safflower seed, making up X% of total exports. Turkey (X tonnes) ranks second in terms of the total exports with a X% share, followed by India (X%).

Exports from Kazakhstan increased at an average annual rate of +X% from 2012 to 2020. At the same time, Turkey (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2020. By contrast, India (-X%) illustrated a downward trend over the same period. While the share of Turkey (+X p.p.) increased significantly in terms of the total exports from 2012-2020, the share of Kazakhstan (-X p.p.) and India (-X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest safflower seed supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value in Kazakhstan amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and India (-X% per year).

Export Prices by Country

The safflower seed export price in Asia stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the export price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was India ($X per tonne), while Kazakhstan ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced a decline in the export price figures.

Safflower Seed Imports

Imports in Asia

In 2020, supplies from abroad of safflower seed was finally on the rise to reach X tonnes for the first time since 2016, thus ending a three-year declining trend. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, safflower seed imports skyrocketed to $X in 2020. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. The level of import peaked at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes) and Turkey (X tonnes) represented roughly X% of total imports of safflower seed in 2020. It was distantly followed by Iraq (X tonnes), generating a X% share of total imports. The Philippines (X tonnes), Iran (X tonnes) and Taiwan (Chinese) (X tonnes) held a relatively small share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safflower seed importing markets in Asia were China ($X), Turkey ($X) and Iraq ($X), together accounting for X% of total imports.

Among the main importing countries, Iraq recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The safflower seed import price in Asia stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the import price, however, saw a mild setback. The most prominent rate of growth was recorded in 2019 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Philippines ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safflower seed in Asia?
+
The country with the largest volume of safflower seed consumption was Kazakhstan (191K tonnes), comprising approx. 51% of total volume. Moreover, safflower seed consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, China (69K tonnes), threefold. Turkey (40K tonnes) ranked third in terms of total consumption with a 11% share.
What are the largest producers of safflower seed in Asia?
+
Kazakhstan (227K tonnes) remains the largest safflower seed producing country in Asia, comprising approx. 68% of total volume. Moreover, safflower seed production in Kazakhstan exceeded the figures recorded by the second-largest producer, China (33K tonnes), sevenfold. Turkey (21K tonnes) ranked third in terms of total production with a 6.3% share.
What are the leading suppliers of safflower seed in Asia?
+
In value terms, Kazakhstan ($11M) remains the largest safflower seed supplier in Asia, comprising 64% of total exports. The second position in the ranking was occupied by Turkey ($3.4M), with a 20% share of total exports.
What are the leading importers of safflower seed in Asia?
+
In value terms, the largest safflower seed importing markets in Asia were China ($11M), Turkey ($10M) and Iraq ($3.4M), with a combined 77% share of total imports.
What is the average export price for safflower seed in Asia?
+
In 2020, the safflower seed export price in Asia amounted to $356 per tonne, growing by 2.1% against the previous year.
What is the average import price for safflower seed in Asia?
+
In 2020, the safflower seed import price in Asia amounted to $361 per tonne, rising by 7.9% against the previous year.
Product coverage:
• FCL 280 -

This report provides an in-depth analysis of the safflower seed market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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