Germany: Safflower Seed Market 2025

Safflower Seed Market Size in Germany

In 2022, the German safflower seed market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a slight expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Safflower Seed Exports

Exports from Germany

In 2022, overseas shipments of safflower seed decreased by -72.1% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 773%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, safflower seed exports reduced notably to $X in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 890%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for safflower seed exports from Germany, accounting for a 88% share of total exports. Moreover, safflower seed exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to -15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-34.5% per year) and Portugal (-32.0% per year).

In value terms, Belgium ($X) remains the key foreign market for safflower seed exports from Germany, comprising 84% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at -11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-29.4% per year) and Portugal (-21.7% per year).

Export Prices by Country

In 2022, the average safflower seed export price amounted to $X per ton, increasing by 1.9% against the previous year. In general, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 119%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Belgium ($X 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 Portugal (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Safflower Seed Imports

Imports into Germany

In 2022, overseas purchases of safflower seed decreased by -42.1% to X tons, falling for the fourth consecutive year after five years of growth. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 44% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, safflower seed imports declined sharply to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 57%. Over the period under review, imports attained the maximum at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, Russia (X tons) was the main safflower seed supplier to Germany, accounting for a 94% share of total imports. It was followed by the Netherlands (X tons), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+6.4% per year) and Kazakhstan (-28.1% per year).

In value terms, Russia ($X) constituted the largest supplier of safflower seed to Germany, comprising 84% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 7.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+18.0% per year) and Kazakhstan (-32.2% per year).

Import Prices by Country

The average safflower seed import price stood at $X per ton in 2022, leveling off at the previous year. In general, the import price showed a mild slump. The growth pace was the most rapid in 2018 when the average import price increased by 24%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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