Report Update Nov 1, 2024

Poland - Safflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Poland: Safflower Seed Market 2024

Safflower Seed Market Size in Poland

The Polish safflower seed market skyrocketed to $X in 2022, with an increase of 37% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a strong increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Safflower Seed Exports

Exports from Poland

For the third year in a row, Poland recorded growth in shipments abroad of safflower seed, which increased by 30% to X tons in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 29,820% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, safflower seed exports surged to $X in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of 28,101% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Hungary (X tons), Germany (X tons) and Italy (X tons) were the main destinations of safflower seed exports from Poland, with a combined 85% share of total exports. The Czech Republic and the UK lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +131.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and Italy ($X) were the largest markets for safflower seed exported from Poland worldwide, with a combined 85% share of total exports. The UK and the Czech Republic lagged somewhat behind, together comprising a further 14%.

The UK, with a CAGR of +139.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average safflower seed export price amounted to $X per ton, surging by 9.7% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 24%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per ton) and the UK ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Safflower Seed Imports

Imports into Poland

Safflower seed imports into Poland skyrocketed to X tons in 2022, jumping by 35% compared with the previous year's figure. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 115%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, safflower seed imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong increase. The growth pace was the most rapid in 2013 when imports increased by 68%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of safflower seed to Poland, accounting for a 85% share of total imports. Moreover, safflower seed imports from Russia exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+18.0% per year) and Belarus (0.0% per year).

In value terms, Russia ($X) constituted the largest supplier of safflower seed to Poland, comprising 85% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (+16.0% per year) and Belarus (0.0% per year).

Import Prices by Country

In 2022, the average safflower seed import price amounted to $X per ton, standing approx. at the previous year. In general, the import price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 28% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safflower seed in the world?

The country with the largest volume of safflower seed consumption was Kazakhstan, accounting for 27% of total volume. Moreover, safflower seed consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Mexico, twofold. China ranked third in terms of total consumption with a 13% share.

What are the largest producers of safflower seed in the world?

Kazakhstan remains the largest safflower seed producing country worldwide, accounting for 34% of total volume. Moreover, safflower seed production in Kazakhstan exceeded the figures recorded by the second-largest producer, Russia, twofold. Mexico ranked third in terms of total production with a 13% share.

What are the leading suppliers of safflower seed to Poland?

In value terms, Russia constituted the largest supplier of safflower seed to Poland, comprising 85% of total imports. The second position in the ranking was occupied by China, with a 13% share of total imports.

What are the leading importers of safflower seed from Poland?

In value terms, the U.S. emerged as the key foreign market for safflower seed exports from Poland, comprising 58% of total exports. The second position in the ranking was occupied by Germany, with a 12% share of total exports. It was followed by Hungary, with a 12% share.

What is the average export price for safflower seed in Poland?

The average safflower seed export price stood at $625 per ton in 2020, increasing by 9.6% against the previous year.

What is the average import price for safflower seed in Poland?

In 2020, the average safflower seed import price amounted to $412 per ton, rising by 5.2% against the previous year.

This report provides an in-depth analysis of the safflower seed market in Poland. 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:

Poland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Poland
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023