In 2023, Kazakhstan leads global safflower seed production with a share of 42.14%, followed by the United States at 15.42%, and Russia at 14.31%. Notably, Russia saw a significant increase of 26.16% year-on-year, while Mexico experienced a decline of 14.23%. The Compound Annual Growth Rate (CAGR) over the last five years highlights Tajikistan's growth at 18%, and Uzbekistan's at 6.49%, indicating emerging players. Conversely, the U.S. faces a downward trend with a 4.09% decrease. Observing these trends, the global safflower seed landscape is shifting, with developing nations gaining traction.
Future trends to watch:
- Continued dominance of Kazakhstan and potential growth spurts from Russia and Tajikistan.
- Focus on innovation and sustainable farming in key production regions might alter market dynamics.
- Potential external factors like climate change and trade policies impacting traditional producers.
Top countries in Safflower Seed Production Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kazakhstan | 42.14 | 2023 | +3.19% | +2.12% | View data |
| 2 | 2 United States | 15.42 | 2023 | -1.25% | -4.09% | View data |
| 3 | 3 Russia | 14.31 | 2023 | +1.29% | +26.16% | View data |
| 4 | 4 China | 5.97 | 2023 | +0.39% | +0.43% | View data |
| 5 | 5 Mexico | 4.83 | 2023 | -19.16% | -14.23% | View data |
| 6 | 6 Argentina | 3.39 | 2023 | -6.48% | -7.23% | View data |
| 7 | 7 Tanzania | 3.12 | 2023 | +2.18% | +2.45% | View data |
| 8 | 8 Kyrgyzstan | 2.19 | 2023 | +0.12% | +0.1% | View data |
| 9 | 9 Ethiopia | 1.76 | 2023 | +1.75% | +4.38% | View data |
| 10 | 10 Tajikistan | 1.76 | 2023 | +6.04% | +18% | View data |
