In 2023, the United States led global safflower oil production with 32.97 thousand metric tons, showing a minor decline of 1.55% year-on-year. Kazakhstan and Spain experienced growth, with Kazakhstan at 2.33% and Spain at 1.84%. India saw a significant drop at -45.34%, with Mexico also decreasing substantially by -14.82%. Argentina and Australia showed declines of -3.32% and -6.13%, respectively. Notably, Israel increased production by 11.73%. The CAGR over the last five years reflects overall stability among major producers, with individual country variations.
Future trends to watch in global safflower oil production include technological advancements in cultivation practices, climate change impacts on crop yields, and shifting dietary trends influencing oil demand. Observing how major producers adapt to these factors will be critical for understanding long-term potential shifts in production geography.
Top countries in Safflower Oil Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 32,970 | 2023 | -0.14% | -1.55% | View data |
| 2 | 2 Kazakhstan | 11,660 | 2023 | +4.54% | +2.33% | View data |
| 3 | 3 Argentina | 7,870 | 2023 | -2.55% | -3.32% | View data |
| 4 | 4 Mexico | 5,340 | 2023 | -21.87% | -14.82% | View data |
| 5 | 5 Spain | 4,250 | 2023 | +5.38% | +1.84% | View data |
| 6 | 6 Ethiopia | 1,610 | 2023 | +1.58% | +1.32% | View data |
| 7 | 7 Netherlands | 918 | 2023 | +3.96% | -1.2% | View data |
| 8 | 8 India | 683 | 2023 | -79.97% | -45.34% | View data |
| 9 | 9 Australia | 554 | 2023 | -7.2% | -6.13% | View data |
| 10 | 10 Portugal | 369 | 2023 | +1.65% | +1.01% | View data |
