Report Update: May 1, 2024

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

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Active Yeast Price in South Africa - 2023

Active Yeast Price in South Africa (CIF) - 2022

The average active yeast import price stood at $3,501 per ton in 2022, almost unchanged from the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16% against the previous year. The import price peaked at $4,074 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($6,365 per ton), while the price for Zimbabwe ($576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Active Yeast Price in South Africa (FOB) - 2023

In June 2023, the average active yeast export price amounted to $2,038 per ton, waning by -37% against the previous month. In general, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in March 2023 an increase of 25% m-o-m. Over the period under review, the average export prices hit record highs at $3,234 per ton in May 2023, and then dropped remarkably in the following month.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Namibia ($4,608 per ton), while the average price for exports to Mozambique ($1,072 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Active Yeast Imports in South Africa

Active yeast imports into South Africa contracted to 3.2K tons in 2022, which is down by -5.3% on 2021 figures. In general, imports saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 2.9%.

In value terms, active yeast imports declined to $11M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 5.8% against the previous year.

Import of Active Yeast in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	1,998	1,823	2,703	2,593	9.1%
Brazil	644	880	619	1,452	31.1%
France	1,534	1,321	1,077	1,241	-6.8%
China	1,600	1,702	1,466	1,008	-14.3%
Poland	321	407	732	800	35.6%
Italy	660	894	384	728	3.3%
Turkey	374	1,064	968	560	14.4%
Zimbabwe	12.5	35.0	282	366	208.2%
Canada	178	201	100	128	-10.4%
Lesotho	133	167	120	122	-2.8%
Portugal	803	317	646	33.0	-65.5%
Others	2,515	2,588	2,712	2,100	-5.8%
Total	10,774	11,399	11,810	11,131	1.1%

Top Suppliers of Active Yeast to South Africa in 2022:

Belgium (719.6 tons)
Zimbabwe (635.3 tons)
China (429.1 tons)
France (299.0 tons)
Brazil (282.6 tons)
Turkey (232.7 tons)
Poland (194.2 tons)
Italy (73.1 tons)
Lesotho (64.1 tons)
Canada (37.1 tons)
Portugal (15.5 tons)

Active Yeast Exports in South Africa

In 2022, active yeast exports from South Africa dropped to 4K tons, waning by -6.8% compared with 2021. Over the period under review, exports saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3%.

In value terms, active yeast exports shrank to $9.2M in 2022. In general, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.2% against the previous year. As a result, the exports attained the peak of $10M, and then dropped in the following year.

Export of Active Yeast in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Botswana	2,435	3,180	2,790	2,364	-1.0%
Namibia	1,725	1,654	1,812	1,498	-4.6%
Mozambique	1,116	1,577	1,426	1,261	4.2%
Swaziland	974	984	1,197	944	-1.0%
India	0.4	N/A	N/A	551	1012.7%
Mexico	N/A	N/A	N/A	425	0%
Tanzania	164	310	349	357	29.6%
Germany	273	248	571	339	7.5%
Belgium	N/A	241	687	251	2.1%
Kenya	39.2	65.7	376	188	68.6%
Lesotho	744	33.3	42.6	79.1	-52.6%
Others	2,522	1,372	1,010	986	-26.9%
Total	9,992	9,665	10,262	9,241	-2.6%

Top Export Markets for Active Yeast from South Africa in 2022:

Mozambique (1432.9 tons)
Swaziland (772.1 tons)
Botswana (539.3 tons)
Namibia (355.9 tons)
Tanzania (156.1 tons)
Mexico (127.6 tons)
India (122.6 tons)
Germany (97.4 tons)
Belgium (68.0 tons)
Kenya (60.7 tons)
Lesotho (45.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the active yeast market in South Africa. 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:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
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