Turkey - Bakers’ And Active Yeast - Market Analysis, Forecast, Size, Trends And Insights
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View PricingActive Yeast Price in Turkey - 2023
Contents:
- Active Yeast Price in Turkey (FOB) - 2023
- Active Yeast Price in Turkey (CIF) - 2022
- Active Yeast Exports in Turkey
- Active Yeast Imports in Turkey
Active Yeast Price in Turkey (FOB) - 2023
In March 2023, the average active yeast export price amounted to $2,630 per ton, surging by 5.6% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In March 2023, the country with the highest price was Djibouti ($3,600 per ton), while the average price for exports to Bulgaria ($1,129 per ton) was amongst the lowest.
From July 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Active Yeast Price in Turkey (CIF) - 2022
The average active yeast import price stood at $2,764 per ton in 2022, reducing by -7.7% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 83%. Over the period under review, average import prices reached the peak figure at $7,006 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($15,739 per ton), while the price for Ukraine ($656 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Active Yeast Exports in Turkey
In 2022, approx. 100K tons of bakers and active yeast were exported from Turkey; remaining relatively unchanged against 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 3.1% against the previous year. As a result, the exports attained the peak of 101K tons, leveling off in the following year.
In value terms, active yeast exports totaled $231M in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Active Yeast in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 23.9 | 17.2 | 18.3 | 29.6 | 7.4% |
| Algeria | 16.7 | 17.6 | 23.8 | 20.1 | 6.4% |
| United States | 6.7 | 9.7 | 10.1 | 11.1 | 18.3% |
| Iraq | 11.2 | 11.6 | 11.4 | 10.6 | -1.8% |
| Israel | 7.0 | 7.2 | 8.2 | 10.1 | 13.0% |
| Tanzania | 7.4 | 5.7 | 5.5 | 8.8 | 5.9% |
| Syrian Arab Republic | N/A | N/A | N/A | 6.9 | 0% |
| Mauritania | 3.1 | 4.0 | 4.6 | 5.2 | 18.8% |
| Libya | 3.8 | 3.4 | 9.4 | 5.0 | 9.6% |
| Angola | 4.3 | 4.0 | 4.4 | 4.7 | 3.0% |
| Cote d'Ivoire | 5.7 | 3.1 | 5.6 | 4.3 | -9.0% |
| Senegal | 2.7 | 2.6 | 2.8 | 3.0 | 3.6% |
| Bulgaria | 1.8 | 2.4 | 1.9 | 2.8 | 15.9% |
| Others | 94.3 | 106 | 102 | 109 | 4.9% |
| Total | 189 | 195 | 208 | 231 | 6.9% |
Top Export Markets for Active Yeast from Turkey in 2022:
- Sudan (11.6K tons)
- Algeria (8.5K tons)
- Israel (7.3K tons)
- Syrian Arab Republic (4.9K tons)
- Bulgaria (4.5K tons)
- United States (4.0K tons)
- Iraq (3.8K tons)
- Tanzania (3.3K tons)
- Libya (2.1K tons)
- Angola (2.0K tons)
- Mauritania (1.8K tons)
- Senegal (1.8K tons)
- Cote d'Ivoire (1.8K tons)
Active Yeast Imports in Turkey
In 2022, after two years of decline, there was significant growth in supplies from abroad of bakers and active yeast, when their volume increased by 68% to 4.4K tons. In general, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, active yeast imports surged to $12M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Active Yeast in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 2.7 | 1.0 | 3.3 | 5.7 | 28.3% |
| France | 1.1 | 1.3 | 1.3 | 2.2 | 26.0% |
| Serbia | 0.7 | 0.7 | 0.9 | 1.3 | 22.9% |
| Italy | 0.7 | 1.0 | 1.0 | 1.2 | 19.7% |
| Belgium | 0.1 | 0.2 | 0.1 | 0.4 | 58.7% |
| Russia | 2.0 | 1.6 | N/A | 0.1 | -63.2% |
| Algeria | N/A | 0.5 | N/A | N/A | 0% |
| Ukraine | N/A | 0.1 | N/A | N/A | 0% |
| Others | 1.6 | 2.2 | 1.2 | 1.1 | -11.7% |
| Total | 8.7 | 8.6 | 7.8 | 12.0 | 11.3% |
Top Suppliers of Active Yeast to Turkey in 2022:
- Iran (3274.2 tons)
- France (409.4 tons)
- Italy (310.7 tons)
- Serbia (81.0 tons)
- Ukraine (68.6 tons)
- Belgium (68.1 tons)
- Russia (43.7 tons)
This report provides an in-depth analysis of the active yeast market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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