Report Update Apr 1, 2024

Mexico - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Mexico: Safflower Seed Market 2024

Safflower Seed Market Size in Mexico

The Mexican safflower seed market expanded sharply to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a perceptible curtailment. Safflower seed consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Safflower Seed Production in Mexico

In value terms, safflower seed production rose remarkably to $X in 2022 estimated in export price. In general, production, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Safflower seed production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The average yield of safflower seed in Mexico declined modestly to X tons per ha in 2022, reducing by X% against 2021. Over the period under review, the yield, however, recorded buoyant growth. The growth pace was the most rapid in 2013 when the yield increased by X%. The safflower seed yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of safflower seed were harvested in Mexico; growing by X% against the previous year. Overall, the harvested area, however, faced a deep reduction. The growth pace was the most rapid in 2020 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to safflower seed production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Safflower Seed Exports

Exports from Mexico

In 2013, approx. X tons of safflower seed were exported from Mexico; declining by X% against the previous year. Overall, exports showed a dramatic decline. The exports peaked at X tons in 2012, and then fell sharply in the following year.

In value terms, safflower seed exports contracted dramatically to $X in 2013. In general, exports saw a significant decline. The exports peaked at $X in 2012, and then reduced rapidly in the following year.

Exports by Country

The United States (X tons) was the main destination for safflower seed exports from Mexico, accounting for a approx. X% share of total exports.

From 2012 to 2013, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) also remains the key foreign market for safflower seed exports from Mexico.

From 2012 to 2013, the average annual rate of growth in terms of value to the United States totaled X%.

Export Prices by Country

In 2013, the average safflower seed export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2013, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2013, the rate of growth in terms of prices for the United States amounted to X% per year.

Safflower Seed Imports

Imports into Mexico

After two years of decline, supplies from abroad of safflower seed decreased by X% to X tons in 2019. In general, imports showed a significant expansion. The smallest decline of X% was in 2013. Over the period under review, imports reached the maximum in 2019 and are likely to continue growth in the near future.

In value terms, safflower seed imports stood at $X in 2019. Overall, imports posted strong growth. The smallest decline of X% was in 2013. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, the United States (X tons) was the main safflower seed supplier to Mexico, accounting for a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of safflower seed to Mexico.

From 2012 to 2019, the average annual growth rate of value from the United States stood at X%.

Import Prices by Country

In 2019, the average safflower seed import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2019, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safflower seed in the world?

The countries with the highest volumes of consumption in 2023 were Kyrgyzstan, Kazakhstan and China, with a combined 47% share of global consumption.

What are the largest producers of safflower seed in the world?

The countries with the highest volumes of production in 2022 were Russia, Kazakhstan and Mexico, with a combined 69% share of global production.

What are the leading suppliers of safflower seed to Mexico?

In value terms, the United States constituted the largest supplier of safflower seed to Mexico.

What are the leading importers of safflower seed from Mexico?

In value terms, the United States remains the key foreign market for safflower seed exports from Mexico.

What is the average export price for safflower seed in Mexico?

In 2013, the average safflower seed export price amounted to $598 per ton, surging by 20% against the previous year.

What is the average import price for safflower seed in Mexico?

The average safflower seed import price stood at $448 per ton in 2019, therefore, remained relatively stable against the previous year.

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

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023