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Central Asia - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCentral Asia: Safflower Seed Market 2024
Safflower Seed Market Size in Central Asia
In 2023, after four years of growth, there was significant decline in the Central Asian safflower seed market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded prominent growth. As a result, consumption attained the peak level of $X, and then fell significantly in the following year.
Safflower Seed Production in Central Asia
In value terms, safflower seed production reduced notably to $X in 2023 estimated in export price. Overall, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. As a result, production attained the peak level of $X, and then dropped notably in the following year.
Kazakhstan (X tons) remains the largest safflower seed producing country in Central Asia, comprising approx. X% of total volume. It was followed by Kyrgyzstan (X tons), with a X% share of total production. Tajikistan (X tons) ranked third in terms of total production with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume in Kazakhstan totaled X%. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Tajikistan (X% per year).
The average safflower seed yield declined slightly to X tons per ha in 2023, with a decrease of X% against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, the total area harvested in terms of safflower seed production in Central Asia shrank notably to X ha, waning by X% compared with the previous year's figure. In general, the harvested area, however, saw a resilient increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, the harvested area reached the peak level of X ha, and then fell significantly in the following year.
Safflower Seed Exports
Exports in Central Asia
Safflower seed exports soared to X tons in 2023, growing by X% against the previous year. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked in 2023 and is likely to continue growth in the immediate term.
In value terms, safflower seed exports surged to $X in 2023. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in the near future.
Exports by Country
The biggest shipments were from Kazakhstan (X tons), together amounting to X% of total export.
Kazakhstan was also the fastest-growing in terms of the safflower seed exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Kazakhstan ($X) also remains the largest safflower seed supplier in Central Asia.
In Kazakhstan, safflower seed exports expanded at an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
The export price in Central Asia stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2023, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.
Safflower Seed Imports
Imports in Central Asia
In 2023, imports of safflower seed in Central Asia soared to X tons, jumping by X% against the year before. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to see steady growth in years to come.
In value terms, safflower seed imports soared to $X in 2023. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.
Imports by Country
Uzbekistan represented the main importer of safflower seed in Central Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. Kazakhstan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (X%).
From 2012 to 2023, average annual rates of growth with regard to safflower seed imports into Uzbekistan stood at X%. At the same time, Kazakhstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. While the share of Uzbekistan (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Tajikistan (X p.p.) displayed negative dynamics.
In value terms, Uzbekistan ($X) constitutes the largest market for imported safflower seed in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports.
In Uzbekistan, safflower seed imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Tajikistan (X% per year).
Import Prices by Country
The import price in Central Asia stood at $X per ton in 2023, reducing by X% against the previous year. In general, the import price, however, recorded mild growth. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the safflower seed market in Central Asia. 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
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Central Asia, split by region and country
- Trade (exports and imports) in Central Asia
- 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
- CONSUMPTION BY COUNTRY
- 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 VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 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, 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, 2012–2023
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