What is the price of safflower per kilogram/pound in US today?
The retail price range for US safflower is between US$ 0.98 and US$ 3.92 per kilogram or between US$ 0.44 and US$ 1.78 per pound(lb). Click here to see today's exact prices of safflower in US
The retail price range in Euro for safflower is between EUR 0.90 and EUR 3.60 per kilogram or between EUR 0.41 and EUR 1.63 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US safflower is between US$ 0.69 and US$ 2.75 per kilogram or between US$ 0.31 and US$ 1.25 per pound(lb).
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US Safflower Export Prices - Historical, Trends and Prediction
The export price per kilogram of Safflower from the US has seen a steady decline over the last five years. In 2017, the export price was 0.83 US $ per kg, which dropped to 0.78 US $ per kg in 2021. This represents a decrease of 6.02%. The export price has seen a slight increase in the last two years, with 0.83 US $ per kg in 2020 and 0.83 US $ per kg in 2022. Based on this trend, it is predicted that the export price of Safflower from the US will be 0.87 US $ per kg in 2023 and 0.89 US $ per kg in 2024.
The US safflower exports are classified as:
- Safflower "Carthamus tinctorius" seeds (HS code 120760)
US Safflower Import Prices - Historical, Trends and Prediction
The import price per kilogram of Safflower into the US over the last five years has been relatively stable. In 2017, the price was 0.83 US dollars per kg, and in 2018 it rose slightly to 0.85 US dollars per kg. However, in 2019 and 2020, the price dropped to 0.83 US dollars per kg, before dropping again to 0.78 US dollars per kg in 2021. This year, the price has risen again to 0.86 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Safflower into the US will remain around 0.86 US dollars per kg in 2023 and 2024.Export values for US safflower
The total values in export for safflower in US were US$ 957, US$ 754, US$ 806 and US$ 1,105 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 US: 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 North America: Canada safflower, US safflower, Anguilla safflower, Antigua and Barbuda safflower, Bermuda safflower, Bonaire, Sint Eustatius and Saba safflower, St.Pierre and Miquelon safflower, United States Minor Outlying Islands safflower, Cayman Islands safflower & Greenland safflower.
US safflower - Production, Exports, Imports, Seasons and HS Codes
The quantity of safflower shipped by US in 2020 was 2,504 metric tons. In 2019 US shipped 1,337 tonnes of safflower. In 2019 alone, the market for US safflower (oil seeds category) has gone up, changing by 41.332 pc compared to the year 2018. Between 2017 and 2019, safflower's exports increased by 47.57% earning the country US$1.10m for the year 2019. US' safflower exports are classified as:
- Safflower "Carthamus tinctorius" seeds (HS code 120760)
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US safflower export values
In 2019, US sold safflower valued at 1.10m USD, an increase of 36.48% from 2018's total safflower export of 0.806m USD. The yearly increase in value of US safflower between 2017 to 2018 was 6.897 per cent.
The per year variation in the volume of US' safflower exports between 2017 and 2019 was 47.57 per cent when compared to a variation of 41.332% in the growth rate between 2018 and 2019.
US' share of the world's total safflower's exports in 2019 was less than 1%. US holds position 28 in world exports of safflower.
Export markets for US safflower ( in '000$ )
US' leading export markets for safflower are the Netherlands, Japan, Canada, India and Mexico.
Import/Export Trends
US is a net importer of safflower. The annual growth of US safflower in value between 2015 to 2019 was -84%, per annum, while annual growth in quantity was %, per annum.
US purchased 440 tonnes of safflower in 2019.
Production
The production of safflower in US was 88,130 tonnes in 2019 and is projected to change by an average of -17.77%. The country had approximately 61,800.00 hectares under safflower cultivation.