China: Inactive Yeast Market 2024

Inactive Yeast Market Size in China

The Chinese inactive yeast market expanded to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Inactive Yeast Production in China

In value terms, inactive yeast production rose to $X in 2022 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Inactive Yeast Exports

Exports from China

In 2022, shipments abroad of inactive yeasts and other dead single-cell micro-organisms decreased by X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, inactive yeast exports totaled $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for inactive yeast exports from China, with a X% share of total exports. Moreover, inactive yeast exports to Belgium exceeded the volume sent to the second major destination, the United States (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Germany (X% per year).

In value terms, the largest markets for inactive yeast exported from China were the United States ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of total exports. Germany, Japan, Spain, Russia, Canada, South Korea, Vietnam, Taiwan (Chinese), Italy and Indonesia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average inactive yeast export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Inactive Yeast Imports

Imports into China

In 2022, inactive yeast imports into China declined to X tons, which is down by X% compared with 2021. Overall, imports, however, recorded a notable expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, inactive yeast imports contracted modestly to $X in 2022. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), the United States (X tons) and France (X tons) were the main suppliers of inactive yeast imports to China, with a combined X% share of total imports. Poland, Thailand, Malaysia, Italy, Brazil and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and France ($X) were the largest inactive yeast suppliers to China, together accounting for X% of total imports. Malaysia, Poland, Italy, Thailand, Taiwan (Chinese) and Brazil lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average inactive yeast import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 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 Taiwan (Chinese) ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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