MERCOSUR: Active Yeast Market 2024

Active Yeast Market Size in MERCOSUR

The MERCOSUR active yeast market expanded remarkably to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked in 2023 and is likely to see steady growth in the immediate term.

Active Yeast Production in MERCOSUR

In value terms, active yeast production expanded remarkably to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Active Yeast Exports

Exports in MERCOSUR

In 2023, the amount of bakers and active yeast exported in MERCOSUR dropped remarkably to X tons, waning by X% on 2022 figures. In general, exports recorded a noticeable setback. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, active yeast exports dropped remarkably to $X in 2023. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Argentina (X tons), Paraguay (X tons) and Colombia (X tons) represented the major exporter of bakers and active yeast in MERCOSUR, comprising X% of total export. It was distantly followed by Peru (X tons), generating a X% share of total exports. Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Argentina ($X) remains the largest active yeast supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Paraguay, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Argentina stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Paraguay (X% per year).

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, stabilizing at the previous year. Overall, the export price saw a perceptible slump. The pace of growth appeared the most rapid in 2022 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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 Brazil ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

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

Active Yeast Imports

Imports in MERCOSUR

In 2023, purchases abroad of bakers and active yeast was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, active yeast imports rose significantly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, Brazil (X tons) was the largest importer of bakers and active yeast, comprising X% of total imports. Chile (X tons) ranks second in terms of the total imports with an X% share, followed by Uruguay (X%), Peru (X%), Ecuador (X%) and Colombia (X%). Venezuela (X tons) followed a long way behind the leaders.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2023. At the same time, Ecuador (X%), Chile (X%), Colombia (X%) and Peru (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Uruguay (X%) and Venezuela (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Ecuador (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Venezuela (X p.p.), Brazil (X p.p.) and Uruguay (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported bakers and active yeast in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

In Brazil, active yeast imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Chile (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price continues to indicate a mild expansion. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Chile ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform