Netherlands - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDutch Safflower Seed Exports Skyrocket, Reaching $4.5M in 2023
Netherlands Safflower Seed Exports
For the third year in a row, the Netherlands recorded decline in shipments abroad of safflower seed, which decreased by -19.7% to 2.5K tons in 2023. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 217% against the previous year. As a result, the exports reached the peak of 10K tons. From 2021 to 2023, the growth of the exports failed to regain momentum.
In value terms, safflower seed exports expanded remarkably to $4.5M (IndexBox estimates) in 2023. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 131% against the previous year. As a result, the exports reached the peak of $14M. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.
| COUNTRY | Export Value of Safflower Seed in Netherlands (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Belgium | 3,625 | 3,180 | 2,343 | 3,486 | 3,717 | 3,127 | 3,827 | 8,153 | 3,949 | 2,406 | 2,018 |
| Germany | 501 | 153 | 225 | 115 | 19.9 | 153 | 414 | 2,390 | 480 | 241 | 506 |
| Czech Republic | 15.0 | 7.4 | 16.7 | 25.5 | 24.8 | 5.3 | 4.8 | 39.8 | 8.6 | 31.1 | 350 |
| France | 175 | 95.7 | 77.0 | 91.8 | 73.6 | 291 | 1,071 | 1,466 | 882 | 131 | 176 |
| Portugal | 177 | 78.6 | 31.7 | 470 | 160 | 215 | 179 | 354 | 87.4 | 105 | 134 |
| United Kingdom | 341 | 78.9 | 28.0 | 225 | 368 | 475 | 368 | 589 | 519 | 291 | 120 |
| Colombia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 90.8 |
| Italy | 929 | 10.7 | 37.0 | 32.1 | 10.4 | 3.0 | 4.7 | 218 | 62.5 | 29.7 | 43.8 |
| Others | 165 | 127 | 305 | 191 | 444 | 56.5 | 209 | 824 | 331 | 655 | 1,025 |
| Total | 5,928 | 3,731 | 3,063 | 4,636 | 4,819 | 4,325 | 6,077 | 14,034 | 6,320 | 3,889 | 4,462 |
Exports by Country
Belgium (1.3K tons) was the main destination for safflower seed exports from the Netherlands, accounting for a 50% share of total exports. Moreover, safflower seed exports to Belgium exceeded the volume sent to the second major destination, the Czech Republic (372 tons), threefold. The third position in this ranking was taken by Portugal (178 tons), with a 7.1% share.
From 2013 to 2023, the average annual growth rate of volume to Belgium stood at -10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+38.4% per year) and Portugal (-0.4% per year).
In value terms, Belgium ($2M) remains the key foreign market for safflower seed exports from the Netherlands, comprising 45% of total exports. The second position in the ranking was held by Germany ($506K), with an 11% share of total exports. It was followed by the Czech Republic, with a 7.8% share.
From 2013 to 2023, the average annual rate of growth in terms of value to Belgium amounted to -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.1% per year) and the Czech Republic (+37.1% per year).
Export Prices by Country
In 2023, the safflower seed price stood at $1,768 per ton (FOB, Netherlands), increasing by 43% against the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices reached the maximum at $1,905 per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($3,490 per ton), while the average price for exports to Portugal ($751 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the safflower seed market in the Netherlands. 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 -
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
