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Austria - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Austria: Safflower Seed Market Overview 2021

Safflower Seed Market Size in Austria

In 2020, after three years of decline, there was significant growth in the Austrian safflower seed market, when its value increased by X% to $X. Over the period under review, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Safflower Seed Production in Austria

In value terms, safflower seed production reached $X in 2020 estimated in export prices. Overall, production saw a mild curtailment. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

In 2020, the average safflower seed yield in Austria was estimated at X kg per ha, approximately reflecting the year before. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The safflower seed harvested area in Austria was estimated at X ha in 2020, leveling off at 2019 figures. Overall, the harvested area recorded a relatively flat trend pattern.

Safflower Seed Exports

Exports from Austria

After three years of growth, shipments abroad of safflower seed decreased by -X% to X kg in 2020. In general, exports continue to indicate a sharp reduction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, safflower seed exports plummeted to $X in 2020. Overall, exports recorded a sharp reduction. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X kg), Slovenia (X kg) and Hungary (X kg) were the main destinations of safflower seed exports from Austria, together accounting for X% of total exports.

From 2012 to 2020, the biggest increases were in Germany, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for safflower seed exported from Austria were Germany ($X), Slovenia ($X) and Hungary ($X), with a combined X% share of total exports.

Germany saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average safflower seed export price stood at $X per tonne in 2020, jumping by X% against the previous year. Overall, the export price saw significant growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Slovenia ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Safflower Seed Imports

Imports into Austria

In 2020, imports of safflower seed into Austria surged to X tonnes, jumping by X% against the previous year. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, safflower seed imports skyrocketed to $X in 2020. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in the immediate term.

Imports by Country

Hungary (X tonnes), Russia (X tonnes) and the Netherlands (X tonnes) were the main suppliers of safflower seed imports to Austria, with a combined X% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safflower seed suppliers to Austria were Russia ($X), Hungary ($X) and Germany ($X), together comprising X% of total imports.

Among the main suppliers, Hungary (+X% per year) recorded the highest growth rate of 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

In 2020, the average safflower seed import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2019, and then contracted rapidly in the following year.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safflower seed in the world?
+
Kazakhstan (191K tonnes) constituted the country with the largest volume of safflower seed consumption, accounting for 31% of total volume. Moreover, safflower seed consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, the U.S. (86K tonnes), twofold. China (69K tonnes) ranked third in terms of total consumption with a 11% share.
What are the largest producers of safflower seed in the world?
+
Kazakhstan (227K tonnes) remains the largest safflower seed producing country worldwide, accounting for 37% of total volume. Moreover, safflower seed production in Kazakhstan exceeded the figures recorded by the second-largest producer, the U.S. (88K tonnes), threefold. The third position in this ranking was occupied by Russia (67K tonnes), with a 11% share.
What are the leading suppliers of safflower seed to Austria?
+
In value terms, Russia ($78K), Hungary ($68K) and Germany ($46K) constituted the largest safflower seed suppliers to Austria, together comprising 81% of total imports.
What are the leading importers of safflower seed from Austria?
+
In value terms, the largest markets for safflower seed exported from Austria were Germany ($1.9K), Slovenia ($1.2K) and Hungary ($804), together comprising 90% of total exports.
What is the average export price for safflower seed in Austria?
+
In 2020, the average safflower seed export price amounted to $8,742 per tonne, increasing by 1,214% against the previous year.
What is the average import price for safflower seed in Austria?
+
In 2020, the average safflower seed import price amounted to $381 per tonne, which is down by -64.4% against the previous year.

Product coverage:
• FCL 280 -

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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