What is the price of safflower per kilogram/pound in China today?
The retail price range for China safflower is between US$ 0.43 and US$ 0.66 per kilogram or between US$ 0.20 and US$ 0.30 per pound(lb). Click here to see today's exact prices of safflower in China
The retail price range in Yuan Renminbi for safflower is between CNY 3.05 and CNY 4.61 per kilogram or between CNY 1.38 and CNY 2.09 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China safflower is between US$ 0.30 and US$ 0.46 per kilogram or between US$ 0.14 and US$ 0.21 per pound(lb).
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China Safflower Export Prices - Historical, Trends and Prediction
The export price per kilogram of Safflower from China over the last five years has been quite volatile. In 2017, the price was at its highest at $1.20, before dropping to $0.70 in 2015. Since then, the price has been steadily increasing, reaching $1.63 in 2019. In 2020, the price dropped to $0.78 before rising again to $1.06 in 2021. The most recent data shows the price at $0.88 in 2022. Based on this trend, it is likely that the export price per kilogram of Safflower from China will continue to increase in the next two years, reaching approximately $1.10 in 2023 and $1.25 in 2024.China Safflower Import Prices - Historical, Trends and Prediction
The import price per kilogram of Safflower into China over the last five years has been quite volatile. In 2017, the price was at its highest at $1.20, before dropping to $0.70 in 2015. Prices then rose again to $0.94 in 2016, before increasing to $1.63 in 2019. The most recent year, 2020, saw a decrease to $0.78. Looking ahead, we can predict that the import price per kilogram of Safflower into China will remain relatively stable in the next two years. We expect the price to be $0.88 in 2022 and $1.06 in 2021.Export values for China safflower
The total values in export for safflower in China were US$ 2,128, US$ 96, US$ 288 and US$ 11,200 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in China: Linseed (Flax), Rapeseeds (Canola), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of safflower in other countries across Asia: Kazakhstan safflower, Kyrgyzstan safflower, Tajikistan safflower, Turkmenistan safflower, Uzbekistan safflower, China safflower, Hong Kong safflower, Macao safflower, North Korea safflower & Mongolia safflower.
China safflower - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 6,864 tonnes of safflower. For the year 2019 alone, the interest in China safflower (oil seeds category) has surged, with a change of 2157.895 percent compared to the year 2018. Between 2017 and 2019, safflower's exports grew by 8480% netting the country US$11.20m for the year 2019. China's safflower exports are classified as:
- Safflower "Carthamus tinctorius" seeds (HS code 120760)
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China safflower export values
In 2019, China exported safflower worth 11.20m USD, an increase of 3,788.89% from 2018's total safflower export of 0.288m USD. The annual increase in value of China safflower between 2017 to 2018 was 200 per cent.
The annual change in the amount of China's safflower exports between 2017 and 2019 was 8480 percent in comparison to a variation of 2157.895% in the period between 2018 and 2019.
China's share of the world's total safflower's exports in 2019 was less than 1%. China holds position 12 in world exports of safflower.
Export markets for China safflower ( in '000$ )
Import/Export Trends
China is a net exporter of safflower. The annual growth of China safflower in value between 2015 to 2019 was -51%, per annum, while annual growth in quantity through the same period was -70%, per annum.
China brought in 472,864 tonnes of safflower in 2019.
Production
The production of safflower in China was 530,048 tonnes in 2019 and is predicted to change by an average of 0.5%. The country had approximately 361,120.00 hectares under safflower cultivation.