What is the price of safflower per kilogram/pound in India today?
The retail price range for India safflower is between US$ 0.19 and US$ 0.82 per kilogram or between US$ 0.09 and US$ 0.37 per pound(lb). Click here to see today's exact prices of safflower in India
The retail price range in Indian Rupee for safflower is between INR 15.90 and INR 67.57 per kilogram or between INR 7.21 and INR 30.64 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India safflower is between US$ 0.13 and US$ 0.57 per kilogram or between US$ 0.06 and US$ 0.26 per pound(lb).
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India Safflower Export Prices - Historical, Trends and Prediction
The export price per kilogram of Safflower from India over the last five years has seen a steady decline. In 2013, the price was 0.76 US dollars per kg, dropping to 0.65 US dollars per kg in 2014. This trend continued until 2016, when the price reached its lowest point of 0.53 US dollars per kg. Since then, the price has seen a slight increase, reaching 0.64 US dollars per kg in 2018 and 0.77 US dollars per kg in 2019. The price has since dropped to 0.65 US dollars per kg in 2020 and 0.72 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Safflower from India will be 0.60 US dollars per kg in 2023 and 0.63 US dollars per kg in 2024.The India safflower exports are classified as:
- Safflower "Carthamus tinctorius" seeds (HS code 120760)
India Safflower Import Prices - Historical, Trends and Prediction
The import price per kilogram of Safflower into India over the last five years has been relatively stable. In 2017, the price was 0.61 US$ per kg, followed by 0.64 US$ per kg in 2018. In 2019, the price increased to 0.77 US$ per kg, before dropping to 0.65 US$ per kg in 2020. The price then increased again to 0.72 US$ per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Safflower into India in 2023 will be 0.75 US$ per kg and in 2024 will be 0.78 US$ per kg.Export values for India safflower
The total values in export for safflower in India were US$ 4,924, US$ 3,708, US$ 3,143 and US$ 2,535 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 India: 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.
India safflower - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 3,275 tonnes of safflower. For the year 2019 alone, the market for India safflower (oil seeds category) has shrunk, with a change of -32.917 per cent compared to the year 2018. Between 2017 and 2019, safflower's exports went down by -46.38 pc bringing the nation US$2.54m for the year 2019. India's safflower exports are classified as:
- Safflower "Carthamus tinctorius" seeds (HS code 120760)
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India safflower export values
In 2019, India shipped safflower costing 2.54m USD, a drop of -19.19% from 2018's total safflower export of 3.143m USD. The annual change in value of India safflower between 2017 to 2018 was -15.237 per cent.
The yearly variation in the quantity of India's safflower exports between 2017 and 2019 was -46.38 pc in comparison to a variation of -32.917% in the period between 2018 and 2019.
Export markets for India safflower ( in '000$ )
India's best performing export markets for safflower are the Netherlands, US, Singapore, Bhutan and United Arab Emirates (UAE).
India bought 3,275 tonnes of safflower in 2019.
Production
The production of safflower in India was 24,640 tonnes in 2019 and is estimated to change by an average of -55.43%. The country had an estimated 45,890.00 hectares under safflower cultivation.