Middle East: Inactive Yeast Market 2024

Inactive Yeast Market Size in the Middle East

The Middle Eastern inactive yeast market reached $X in 2022, approximately equating the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Inactive Yeast Production in the Middle East

In value terms, inactive yeast production reached $X in 2022 estimated in export price. Overall, production, however, recorded a mild curtailment. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Inactive Yeast Exports

Exports in the Middle East

Inactive yeast exports surged to X tons in 2022, picking up by X% compared with 2021 figures. Over the period under review, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, inactive yeast exports surged to $X in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Turkey was the key exporter of inactive yeasts and other dead single-cell micro-organisms in the Middle East, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Israel (X tons) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%).

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) and Israel (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

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

In Turkey, inactive yeast exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in the Middle East 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 most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Inactive Yeast Imports

Imports in the Middle East

Inactive yeast imports contracted sharply to X tons in 2022, falling by X% against 2021. Overall, imports, however, posted temperate growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, inactive yeast imports shrank rapidly to $X in 2022. Over the period under review, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey represented the key importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Kuwait (X tons), comprising a X% share of total imports. The following importers - the United Arab Emirates (X tons), Israel (X tons) and Yemen (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to inactive yeast imports into Turkey stood at X%. At the same time, Kuwait (X%), Yemen (X%), the United Arab Emirates (X%) and Israel (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.), Kuwait (X p.p.) and the United Arab Emirates (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inactive yeast importing markets in the Middle East were Turkey ($X), Kuwait ($X) and Israel ($X), together accounting for X% of total imports.

In terms of the main importing countries, Kuwait, with a CAGR of X%, saw the highest growth rate of 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 2022, the import price in the Middle East amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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