Report World - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Global Safflower Seed Market Overview 2021

Safflower Seed Market Size

In 2020, the global safflower seed market increased by X% to $X for the first time since 2012, thus ending a seven-year declining trend. Overall, consumption saw a noticeable shrinkage. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Safflower Seed Production

In value terms, safflower seed production contracted slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, global production attained the peak level at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

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, the U.S. (X tonnes), threefold. Russia (X tonnes) ranked third in terms of total production with a X% share.

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

The global average safflower seed yield dropped to X kg per ha in 2020, which is down by -X% against the year before. The yield figure increased at an average annual rate of +X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha. from 2017 to 2020, the growth of the average safflower seed 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 2020, the total area harvested in terms of safflower seed production worldwide rose slightly to X ha, growing by X% compared with 2019 figures. In general, the harvested area, however, saw a perceptible reduction. Over the period under review, the harvested area dedicated to safflower seed production attained the peak figure at X ha in 2012; however, from 2013 to 2020, the harvested area stood at a somewhat lower figure.

Production By Country

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, the U.S. (X tonnes), threefold. Russia (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume in Kazakhstan stood at +X%. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Russia (+X% per year).

Safflower Seed Exports

Exports

In 2020, shipments abroad of safflower seed increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, global exports reached the peak figure at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, safflower seed exports surged to $X in 2020. Over the period under review, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Global exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Russia (X tonnes) was the main exporter of safflower seed, comprising X% of total exports. It was distantly followed by Kazakhstan (X tonnes) and Turkey (X tonnes), together mixing up a X% share of total exports. The following exporters - the Netherlands (X tonnes), Germany (X tonnes), the U.S. (X tonnes) and India (X tonnes) - together made up X% of total exports.

From 2012 to 2020, the biggest increases were in Turkey (+X% per year), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest safflower seed supplying countries worldwide were Russia ($X), Kazakhstan ($X) and the Netherlands ($X), with a combined X% share of global exports. These countries were followed by Turkey, the U.S., Germany and India, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average safflower seed export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Global export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Safflower Seed Imports

Imports

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 posted a strong increase. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Global imports peaked at X tonnes in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, safflower seed imports rose rapidly to $X in 2020. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, global imports hit record highs 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 the key importers of safflower seed in 2020, reaching approx. X% and X% of total imports, respectively. The Netherlands (X tonnes) took the next position in the ranking, followed by Iraq (X tonnes), Belgium (X tonnes) and Germany (X tonnes). All these countries together held near X% share of total imports. The following importers - Poland (X tonnes), the Philippines (X tonnes), Iran (X tonnes) and Taiwan (Chinese) (X tonnes) - together made up X% of total imports.

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

In value terms, the largest safflower seed importing markets worldwide were China ($X), Turkey ($X) and Belgium ($X), together comprising X% of global imports. The Netherlands, Iraq, Germany, the Philippines, Poland, Taiwan (Chinese) and Iran lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average safflower seed import price stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of X% y-o-y. Global import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safflower seed in the world?
+
The country with the largest volume of safflower seed consumption was Kazakhstan (191K tonnes), 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. 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?
+
The country with the largest volume of safflower seed production was Kazakhstan (227K tonnes), 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 in the world?
+
In value terms, the largest safflower seed supplying countries worldwide were Russia ($21M), Kazakhstan ($11M) and the Netherlands ($7.2M), with a combined 72% share of global exports. Turkey, the U.S., Germany and India lagged somewhat behind, together accounting for a further 17%.
What are the leading importers of safflower seed in the world?
+
In value terms, China ($11M), Turkey ($10M) and Belgium ($5.7M) appeared to be the countries with the highest levels of imports in 2020, with a combined 50% share of global imports. The Netherlands, Iraq, Germany, the Philippines, Poland, Taiwan (Chinese) and Iran lagged somewhat behind, together accounting for a further 31%.
What is the average export price for safflower seed in the world?
+
In 2020, the average safflower seed export price amounted to $433 per tonne, increasing by 4.4% against the previous year.
What is the average import price for safflower seed in the world?
+
The average safflower seed import price stood at $420 per tonne in 2020, with an increase of 5.2% against the previous year.
Product coverage:
• FCL 280 -

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



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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. GLOBAL 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. GLOBAL 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. GLOBAL 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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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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