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

Safflower Seed Market Size in China

The Chinese safflower seed market expanded notably to $X in 2020, rising by X% against the previous year. Over the period under review, consumption saw strong growth. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the near future.

Safflower Seed Production in China

In value terms, safflower seed production reached $X in 2020 estimated in export prices. Overall, the total production indicated a strong 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, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to see steady growth in the immediate term.

The average yield of safflower seed in China amounted to X tonnes per ha in 2020, leveling off at the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the average safflower seed yield hit record highs in 2020 and is likely to continue growth in years to come. 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 China reached X ha in 2020, flattening at 2019 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the harvested area increased by X% year-to-year. As a result, the harvested area reached the peak level of X ha. from 2015 to 2020, the growth of the safflower seed harvested area remained at a somewhat lower figure.

Safflower Seed Exports

Exports from China

After three years of growth, overseas shipments of safflower seed decreased by -X% to X tonnes in 2020. Overall, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes, and then declined notably in the following year.

In value terms, safflower seed exports reduced remarkably to $X in 2020. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Kazakhstan (X tonnes) was the main destination for safflower seed exports from China, with a X% share of total exports. Moreover, safflower seed exports to Kazakhstan exceeded the volume sent to the second major destination, South Korea (X tonnes), threefold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (+X% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for safflower seed exports from China, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average safflower seed export price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The export price peaked at $X per tonne in 2019, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Japan ($X per tonne), while the average price for exports to Viet Nam ($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 Viet Nam, while the prices for the other major destinations experienced mixed trend patterns.

Safflower Seed Imports

Imports into China

In 2020, overseas purchases of safflower seed increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, safflower seed imports skyrocketed to $X in 2020. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in years to come.

Imports by Country

In 2020, Kazakhstan (X tonnes) was the main supplier of safflower seed to China, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Kazakhstan totaled +X%.

In value terms, Kazakhstan ($X) constituted the largest supplier of safflower seed to China.

From 2012 to 2020, the average annual rate of growth in terms of value from Kazakhstan totaled +X%.

Import Prices by Country

In 2020, the average safflower seed import price amounted to $X per tonne, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2020, the rate of growth in terms of prices for Kazakhstan amounted to +X% per year.

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, comprising approx. 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. The third position in this ranking was occupied by China (69K tonnes), with a 11% share.
What are the largest producers of safflower seed in the world?
+
Kazakhstan (227K tonnes) constituted the country with the largest volume of safflower seed production, comprising approx. 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 China?
+
In value terms, Kazakhstan ($11M) constituted the largest supplier of safflower seed to China.
What are the leading importers of safflower seed from China?
+
In value terms, Kazakhstan ($143K) emerged as the key foreign market for safflower seed exports from China, comprising 56% of total exports. The second position in the ranking was occupied by Japan ($63K), with a 25% share of total exports. It was followed by South Korea, with a 15% share.
What is the average export price for safflower seed in China?
+
The average safflower seed export price stood at $942 per tonne in 2020, falling by -14.9% against the previous year.
What is the average import price for safflower seed in China?
+
The average safflower seed import price stood at $304 per tonne in 2020, growing by 6.8% against the previous year.
Product coverage:
• FCL 280 -

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

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