What is the price of safflower per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan safflower is between US$ 2.63 and US$ 5.38 per kilogram or between US$ 1.19 and US$ 2.44 per pound(lb). Click here to see today's exact prices of safflower in Kazakhstan
The retail price range in Tenge for safflower is between KZT 1,180.37 and KZT 2,413.01 per kilogram or between KZT 535.31 and KZT 1,094.33 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan safflower is between US$ 1.84 and US$ 3.77 per kilogram or between US$ 0.84 and US$ 1.71 per pound(lb).
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Kazakhstan Safflower Export Prices - Historical, Trends and Prediction
The export price per kilogram of Safflower from Kazakhstan has seen a steady increase over the last five years. In 2017, the price was 0.22 US $ per kg, and in 2021 it had risen to 0.41 US $ per kg. This represents an increase of 86.4%. The highest price was in 2020, when it reached 0.32 US $ per kg. Based on this trend, it is likely that the export price per kilogram of Safflower from Kazakhstan will continue to increase, and we can predict that it will reach 0.45 US $ per kg in 2023 and 0.50 US $ per kg in 2024.The exports of safflower from Kazakhstan are categorised as:
- Safflower "Carthamus tinctorius" seeds (HS code 120760)
Kazakhstan Safflower Import Prices - Historical, Trends and Prediction
The import price per kilogram of Safflower into Kazakhstan has seen a steady increase over the last five years. In 2017, the price was 0.22 US$ per kg, which increased to 0.28 US$ per kg in 2019. The highest price was recorded in 2021, at 0.41 US$ per kg. This is a significant increase of 83.3% from the 2017 price. Based on this trend, it is likely that the import price per kilogram of Safflower into Kazakhstan will continue to increase in the coming years. We can predict that the price in 2023 will be around 0.45 US$ per kg and in 2024 it will be around 0.50 US$ per kg.Export values for Kazakhstan safflower
The total values in export for safflower in Kazakhstan were US$ 8,243, US$ 9,932, US$ 9,362 and US$ 9,072 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 Kazakhstan: 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.
Kazakhstan safflower - Production, Exports, Imports, Seasons and HS Codes
The volume of safflower exported by Kazakhstan in 2020 was 51,163 tons. In 2019 Kazakhstan sold 32,073 tonnes of safflower. Across 2019 alone, the demand for Kazakhstan safflower (oil seeds category) has gone down, flactuating by -34.085 % compared to the year 2018. Between 2017 and 2019, safflower's exports went down by -29.67 percent earning the country US$9.07m for the year 2019. Kazakhstan's safflower exports are categorised as:
- Safflower "Carthamus tinctorius" seeds (HS code 120760)
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Kazakhstan safflower export values
In 2019, Kazakhstan shipped safflower valued at 9.07m USD, a decrease of -3.12% from 2018's total safflower export of 9.362m USD. The yearly reduction in value of Kazakhstan safflower between 2017 to 2018 was -5.739%.
The yearly variation in the volume of Kazakhstan's safflower exports between 2017 and 2019 was -29.67 pc when compared to a variation of -34.085% in the growth rate between 2018 and 2019.
Export markets for Kazakhstan safflower ( in '000$ )
Kazakhstan's leading export markets for safflower are Uzbekistan.
Kazakhstan brought in 1,027 tonnes of safflower in 2019.
Production
The production of safflower in Kazakhstan was 199,789 tonnes in 2019 and is forecast to change by an average of -6.71%. The country had an estimated 262,768.00 hectares under safflower cultivation.