U.S. - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSafflower Seed Prices in the United States
U.S. Safflower Seed Import Price per Ton in June 2022
In June 2022, the safflower seed price per ton stood at $835.2 (CIF, US), declining by -11.3% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in April 2022 an increase of 35% month-to-month. As a result, import price attained the peak level of $1.1K per ton. From May 2022 to June 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($2.0K per ton), while the price for Mexico ($490.0 per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Safflower Seed Imports
In 2021, supplies from abroad of safflower seed increased by 266% to 3.8K tons, rising for the fourth consecutive year after four years of decline. In general, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, safflower seed imports skyrocketed to $3M (IndexBox estimates) in 2021. Overall, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
U.S. Safflower Seed Imports by Country
Russia (444 tons), Mexico (357 tons) and Bulgaria (75 tons) were the main suppliers of safflower seed imports to the United States, with a combined 88% share of total imports.
From January 2022 to June 2022, the biggest increases were in Mexico (with a CAGR of +159.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Russia ($408K) constituted the largest supplier of safflower seed to the United States, comprising 49% of total imports. The second position in the ranking was taken by Mexico ($175K), with a 21% share of total imports. It was followed by Canada, with a 15% share.
From January 2022 to June 2022, the average monthly growth rate of value from Russia amounted to -5.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+159.0% per month) and Canada (+33.2% per month).
This report provides an in-depth analysis of the safflower seed market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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
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In value terms, safflower seed imports fell sharply to $807K in May 2023.
In August 2022, the mustard seed price per ton amounted to $1.8K (CIF, US), falling by -26.7% against the previous month.
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In 2018, the mustard seed production in the U.S. amounted to 29K tons, surging by 5.7% against the previous year.
In June 2022, the poppy seed price per tonstood at $2,705 per ton, reducing by -7.2% against the previous month.
The average import sesame seed price per ton stood at $2,545 in Apr 2022, remaining stable against the previous month.
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Global safflower seed consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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