Report Update: Apr 5, 2024

Hong Kong SAR, China - Bakers’ And Active Yeast - Market Analysis, Forecast, Size, Trends And Insights

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Active Yeast Price in Hong Kong SAR - 2023

Active Yeast Price in Hong Kong SAR (CIF) - 2023

The average active yeast import price stood at $2,446 per ton in May 2023, with a decrease of -40.1% against the previous month. Over the period under review, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in December 2022 when the average import price increased by 46% month-to-month. As a result, import price reached the peak level of $4,144 per ton. From January 2023 to May 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($11,179 per ton), while the price for China ($1,956 per ton) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+9.9%), while the prices for the other major suppliers experienced a decline.

Active Yeast Price in Hong Kong SAR (FOB) - 2023

The average active yeast export price stood at $7,256 per ton in May 2023, surging by 35% against the previous month. Overall, export price indicated a temperate expansion from June 2022 to May 2023: its price increased at an average monthly rate of +2.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, active yeast export price increased by +75.8% against February 2023 indices. The growth pace was the most rapid in March 2023 an increase of 44% against the previous month. The export price peaked in May 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($16,987 per ton), while the average price for exports to Macao SAR ($4,044 per ton) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Active Yeast Imports in Hong Kong SAR

In 2022, overseas purchases of bakers and active yeast decreased by -10.4% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 0.4%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, active yeast imports fell modestly to $3.5M in 2022. Overall, imports showed a noticeable reduction.

Import of Active Yeast in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.7	1.8	1.6	1.7	0.0%
France	1.5	1.4	1.4	1.0	-12.6%
Belgium	0.2	0.3	0.5	0.5	35.7%
Others	0.8	0.4	0.2	0.3	-27.9%
Total	4.1	3.8	3.6	3.5	-5.1%

Top Suppliers of Active Yeast to Hong Kong SAR in 2022:

China (719.2 tons)
France (250.4 tons)
Belgium (133.5 tons)

Active Yeast Exports in Hong Kong SAR

After three years of growth, overseas shipments of bakers and active yeast decreased by -53.4% to 77 tons in 2022. Over the period under review, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of 166 tons, and then reduced rapidly in the following year.

In value terms, active yeast exports fell rapidly to $398K in 2022. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 50%. As a result, the exports attained the peak of $865K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Active Yeast in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Macao SAR	257	354	237	249	-1.0%
China	201	245	353	89.6	-23.6%
Australia	18.7	32.2	26.1	31.5	19.0%
United States	34.2	118	53.8	16.1	-22.2%
Mozambique	43.3	N/A	N/A	N/A	0%
Taiwan (Chinese)	N/A	21.7	26.4	N/A	21.7%
Pakistan	N/A	N/A	36.6	N/A	0%
Others	23.1	93.5	34.9	12.4	-18.7%
Total	578	865	767	398	-11.7%

Top Export Markets for Active Yeast from Hong Kong SAR in 2022:

Macao SAR (55.2 tons)
China (17.1 tons)
Australia (2.7 tons)
United States (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the active yeast market in Hong Kong SAR, China. 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:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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