MENA: Active Yeast Market 2024

Active Yeast Market Size in MENA

The MENA's active yeast market stood at $X in 2023, increasing by X% against the previous year. The total consumption indicated a notable increase 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 2013 indices. Over the period under review, the market hit record highs in 2023 and is likely to see steady growth in the immediate term.

Active Yeast Production in MENA

In value terms, active yeast production stood at $X in 2023 estimated in export price. Over the period under review, production posted a prominent expansion. The pace of growth was the most pronounced in 2017 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 MENA

In 2023, shipments abroad of bakers and active yeast was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, active yeast exports expanded remarkably to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

Turkey represented the key exporter of bakers and active yeast in MENA, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2023. Egypt (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Iran (X%).

Turkey experienced a relatively flat trend pattern with regard to volume of exports of bakers and active yeast. At the same time, Egypt (X%) and Iran (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. Egypt (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Turkey ($X) remains the largest active yeast supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports.

In Turkey, active yeast exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Iran (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced mixed trends in the export price figures.

Active Yeast Imports

Imports in MENA

In 2023, the amount of bakers and active yeast imported in MENA was estimated at X tons, growing by X% against 2022 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, active yeast imports stood at $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Algeria (X tons), distantly followed by Iraq (X tons), Yemen (X tons), Syrian Arab Republic (X tons), Morocco (X tons), Libya (X tons), Israel (X tons), Lebanon (X tons) and Turkey (X tons) represented the major importers of bakers and active yeast, together constituting X% of total imports. Saudi Arabia (X tons), Djibouti (X tons), the United Arab Emirates (X tons) and Jordan (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Djibouti (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 MENA were Algeria ($X), Iraq ($X) and Morocco ($X), with a combined X% share of total imports. Yemen, Israel, Turkey, Libya, Syrian Arab Republic, Saudi Arabia, Lebanon, Djibouti, the United Arab Emirates and Jordan lagged somewhat behind, together accounting for a further X%.

Djibouti, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 MENA amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2023 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform