Report Update: May 1, 2024

Croatia - Bakers’ And Active Yeast - Market Analysis, Forecast, Size, Trends And Insights

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Active Yeast Price in Croatia - 2023

Active Yeast Price in Croatia (CIF) - 2022

The average active yeast import price stood at $1,139 per ton in 2022, picking up by 29% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, active yeast import price increased by +40.6% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $1,324 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($6,829 per ton), while the price for Ukraine ($679 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Active Yeast Price in Croatia (FOB) - 2023

In June 2023, the average active yeast export price amounted to $2,081 per ton, declining by -20.3% against the previous month. Overall, export price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, active yeast export price decreased by -20.3% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 60% against the previous month. The export price peaked at $2,783 per ton in January 2023; however, from February 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Bosnia and Herzegovina ($2,020 per ton), while the average price for exports to Albania ($1,155 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Active Yeast Imports in Croatia

In 2022, the amount of bakers and active yeast imported into Croatia declined to 9.8K tons, with a decrease of -6.7% on 2021 figures. Over the period under review, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 2.2%.

In value terms, active yeast imports soared to $11M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Active Yeast in Croatia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	3.5	2.5	2.6	3.0	-5.0%
Hungary	1.7	1.7	1.9	2.6	15.2%
Germany	1.3	1.7	1.6	1.8	11.5%
Italy	1.0	0.9	1.1	1.3	9.1%
Turkey	0.6	0.8	0.6	0.8	10.1%
Ukraine	0.3	0.4	0.4	0.6	26.0%
Others	0.9	1.2	1.0	1.0	3.6%
Total	9.2	9.2	9.3	11.2	6.8%

Top Suppliers of Active Yeast to Croatia in 2022:

Hungary (3.4K tons)
Poland (2.6K tons)
Germany (1.6K tons)
Ukraine (0.9K tons)
Italy (0.8K tons)
Turkey (0.3K tons)

Active Yeast Exports in Croatia

For the third consecutive year, Croatia recorded decline in shipments abroad of bakers and active yeast, which decreased by -38.2% to 2.2K tons in 2022. In general, exports showed a dramatic decrease. The smallest decline of -12.9% was in 2021.

In value terms, active yeast exports plummeted to $3.2M in 2022. Overall, exports showed a deep setback. The smallest decline of -1% was in 2020.

Export of Active Yeast in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bosnia and Herzegovina	1,985	1,799	1,839	1,517	-8.6%
Montenegro	853	755	858	806	-1.9%
Albania	181	178	154	191	1.8%
North Macedonia	624	639	363	148	-38.1%
Slovenia	105	176	113	129	7.1%
Serbia	626	472	231	118	-42.7%
Others	256	566	305	269	1.7%
Total	4,629	4,585	3,863	3,180	-11.8%

Top Export Markets for Active Yeast from Croatia in 2022:

Bosnia and Herzegovina (1183.8 tons)
Montenegro (547.8 tons)
Albania (232.2 tons)
Serbia (110.2 tons)
North Macedonia (60.9 tons)
Slovenia (50.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the active yeast market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10891334 - Bakers
Prodcom 10891339 - Active yeast (excluding bakers

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023