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Kazakhstan - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSafflower Seed Price in Kazakhstan - 2022
Contents:
- Safflower Seed Price in Kazakhstan (FOB) - 2022
- Safflower Seed Price in Kazakhstan (CIF) - 2022
- Safflower Seed Exports in Kazakhstan
- Safflower Seed Imports in Kazakhstan
Safflower Seed Price in Kazakhstan (FOB) - 2022
The average safflower seed export price stood at $332 per ton in 2022, waning by -18.9% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, safflower seed export price increased by +72.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 47%. The export price peaked at $409 per ton in 2021, and then dropped remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($400 per ton), while the average price for exports to Uzbekistan ($206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Safflower Seed Price in Kazakhstan (CIF) - 2022
The average safflower seed import price stood at $325 per ton in 2022, falling by -15.9% against the previous year. In general, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. As a result, import price attained the peak level of $386 per ton, and then declined remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($325 per ton), while the price for Iran stood at $200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.3%), while the prices for the other major suppliers experienced a decline.
Safflower Seed Exports in Kazakhstan
For the fourth consecutive year, Kazakhstan recorded growth in overseas shipments of safflower seed, which increased by 31% to 78K tons in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 37%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, safflower seed exports expanded sharply to $26M in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Safflower Seed in Kazakhstan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.6 | 12.7 | 23.4 | 18.9 | 30.0% |
Tajikistan | N/A | 0.2 | 0.4 | 2.9 | 280.8% |
Uzbekistan | N/A | N/A | N/A | 1.9 | 0% |
Turkey | 0.1 | N/A | 0.1 | 1.3 | 135.1% |
Afghanistan | 0.1 | 0.3 | 0.1 | 0.6 | 81.7% |
Others | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
Total | 9.1 | 13.7 | 24.4 | 26.0 | 41.9% |
Top Export Markets for Safflower Seed from Kazakhstan in 2022:
- China (47.3K tons)
- Tajikistan (13.9K tons)
- Uzbekistan (9.3K tons)
- Turkey (4.6K tons)
- Afghanistan (2.0K tons)
Safflower Seed Imports in Kazakhstan
In 2022, imports of safflower seed into Kazakhstan surged to 7.2K tons, growing by 57% on the year before. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 743% against the previous year. As a result, imports attained the peak of 9.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, safflower seed imports skyrocketed to $2.3M in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,324%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Safflower Seed in Kazakhstan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 0.1 | 2.0 | 1.7 | 2.3 | 184.4% |
Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
Total | 0.2 | 2.2 | 1.8 | 2.3 | 125.7% |
Top Suppliers of Safflower Seed to Kazakhstan in 2022:
- Russia (7.2K tons)
This report provides an in-depth analysis of the safflower seed market in Kazakhstan. 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:
- Kazakhstan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kazakhstan
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global safflower seed consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
In 2015, the countries with the highest levels of safflower seed production were Kazakhstan (X thousand tons), Russia (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
Global cottonseed exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Australia dominates in the global сottonseed trade. In 2014, Australia exported X thousand tons of сottonseed totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cotton
Global melon seed consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
In 2015, the country with the largest volume of the melon seed output was Nigeria (X thousand tons), accounting for X% of global production.