EU: Active Yeast Market 2024

Active Yeast Market Size in the EU

The EU active yeast market rose significantly to $X in 2023, increasing by X% against the previous year. The total consumption indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. The level of consumption peaked in 2023 and is expected to retain growth in the near future.

Active Yeast Production in the EU

In value terms, active yeast production expanded modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Active Yeast Exports

Exports in the EU

In 2023, exports of bakers and active yeast in the European Union declined dramatically to X tons, waning by X% on the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, active yeast exports expanded significantly to $X in 2023. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Italy (X tons), Hungary (X tons) and Poland (X tons), together accounting for X% of total export. Belgium (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Spain (X%), Portugal (X%), France (X%), Germany (X%) and Romania (X%).

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest active yeast supplying countries in the European Union were Belgium ($X), France ($X) and Italy ($X), with a combined X% share of total exports.

France, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Active Yeast Imports

Imports in the EU

In 2023, the amount of bakers and active yeast imported in the European Union totaled X tons, therefore, remained relatively stable against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a lower figure.

In value terms, active yeast imports surged to $X in 2023. Total imports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, France (X tons) and Poland (X tons) represented the main importers of bakers and active yeast in the European Union, together creating X% of total imports. Germany (X tons) ranks next in terms of the total imports with a X% share, followed by the Czech Republic (X%), Greece (X%), Belgium (X%) and Spain (X%). The following importers - Romania (X tons), Austria (X tons), Ireland (X tons), Lithuania (X tons), Italy (X tons) and Estonia (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest active yeast importing markets in the European Union were France ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. Germany, Spain, Poland, Greece, the Czech Republic, Austria, Romania, Ireland, Estonia and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ireland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, growing by X% against the previous year. Import price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, active yeast import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform