Uzbekistan: Safflower Seed Market 2024

Safflower Seed Market Size in Uzbekistan

The Uzbek safflower seed market soared to $X in 2022, jumping by X% against the previous year. Overall, consumption continues to indicate a notable increase. Safflower seed consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Safflower Seed Production in Uzbekistan

In value terms, safflower seed production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of safflower seed in Uzbekistan dropped modestly to X kg per ha in 2022, falling by X% on 2021. Overall, the yield, however, recorded modest growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the average safflower seed yield attained the maximum level at X kg per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The safflower seed harvested area in Uzbekistan stood at X ha in 2022, with an increase of X% compared with the previous year. In general, the harvested area, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the safflower seed harvested area failed to regain momentum.

Safflower Seed Exports

Exports from Uzbekistan

In 2022, the amount of safflower seed exported from Uzbekistan soared to X tons, increasing by X% compared with 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, safflower seed exports soared to $X in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

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

From 2018 to 2022, the average annual rate of growth in terms of volume to Pakistan totaled X%.

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

From 2018 to 2022, the average annual growth rate of value to Pakistan stood at X%.

Export Prices by Country

The average safflower seed export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Pakistan amounted to $X per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (X%).

Safflower Seed Imports

Imports into Uzbekistan

In 2022, overseas purchases of safflower seed increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X,891% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, safflower seed imports soared to $X in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X,390% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Kazakhstan (X tons) was the main safflower seed supplier to Uzbekistan, accounting for a approx. X% share of total imports.

From 2017 to 2022, the average annual growth rate of volume from Kazakhstan amounted to X%.

In value terms, Kazakhstan ($X) constituted the largest supplier of safflower seed to Uzbekistan.

From 2017 to 2022, the average annual rate of growth in terms of value from Kazakhstan amounted to X%.

Import Prices by Country

In 2022, the average safflower seed import price amounted to $X per ton, waning by X% against the previous year. In general, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2017 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Source: IndexBox Platform

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