Southern Asia: Safflower Seed Market 2025

Safflower Seed Market Size in Southern Asia

The South Asian safflower seed market skyrocketed to $X in 2022, jumping by 18% against the previous year. In general, consumption, however, showed a abrupt contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Safflower Seed Production in Southern Asia

In value terms, safflower seed production expanded rapidly to $X in 2022 estimated in export price. Overall, production, however, showed a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 100%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The country with the largest volume of safflower seed production was India (X tons), comprising approx. 100% of total volume.

In India, safflower seed production decreased by an average annual rate of -12.1% over the period from 2012-2022.

In 2022, the average yield of safflower seed in Southern Asia was estimated at X kg per ha, growing by 4.3% on the previous year. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 77%. The level of yield peaked at X kg per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the safflower seed harvested area in Southern Asia expanded sharply to X ha, surging by 5.6% compared with the previous year's figure. In general, the harvested area, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 when the harvested area increased by 18%. Over the period under review, the harvested area dedicated to safflower seed production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Safflower Seed Exports

Exports in Southern Asia

In 2022, safflower seed exports in Southern Asia dropped sharply to X tons, shrinking by -52.1% against 2021 figures. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2013 when exports increased by 605,485% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, safflower seed exports contracted sharply to $X in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 61,348% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

India dominates exports structure, reaching X tons, which was approx. 98% of total exports in 2022. Afghanistan (X tons) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of -11.3% from 2012 to 2022. At the same time, Afghanistan (+58.1%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +58.1% from 2012-2022. While the share of India (+98 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Afghanistan (-33.9 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest safflower seed supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was held by Afghanistan ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India stood at -10.2%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by 16% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 22%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Afghanistan amounted to $X per ton.

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

Safflower Seed Imports

Imports in Southern Asia

Safflower seed imports skyrocketed to X tons in 2022, growing by 69% against the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 382% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, safflower seed imports soared to $X in 2022. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 497%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Afghanistan (X tons) was the major importer of safflower seed, generating 76% of total imports. Pakistan (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by India (10%).

Afghanistan was also the fastest-growing in terms of the safflower seed imports, with a CAGR of +53.4% from 2012 to 2022. At the same time, Pakistan (+42.1%) and India (+12.9%) displayed positive paces of growth. Afghanistan (+69 p.p.) and Pakistan (+8.7 p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -10.6% from 2012 to 2022, respectively.

In value terms, Afghanistan ($X) constitutes the largest market for imported safflower seed in Southern Asia, comprising 75% of total imports. The second position in the ranking was held by India ($X), with a 16% share of total imports.

In Afghanistan, safflower seed imports increased at an average annual rate of +66.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: India (+6.2% per year) and Pakistan (+10.7% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, dropping by -28.5% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 25%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, 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 India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+8.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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