SADC: Active Yeast Market 2024

Active Yeast Market Size in SADC

The SADC active yeast market expanded modestly to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Active Yeast Production in SADC

In value terms, active yeast production expanded slightly to $X in 2023 estimated in export price. The total output 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 growth pace was the most rapid in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Active Yeast Exports

Exports in SADC

In 2023, overseas shipments of bakers and active yeast decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, active yeast exports expanded markedly to $X in 2023. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 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

South Africa represented the major exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Zambia (X tons) and Zimbabwe (X tons), together constituting a X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of bakers and active yeast. At the same time, Zimbabwe (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Zambia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Zimbabwe increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest active yeast supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports.

In South Africa, active yeast exports remained relatively stable over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Zambia (X% per year) and Zimbabwe (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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

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

Active Yeast Imports

Imports in SADC

In 2023, approx. X tons of bakers and active yeast were imported in SADC; surging by X% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, active yeast imports amounted to $X in 2023. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of active yeast imports in 2023 were Angola (X tons), Tanzania (X tons), Democratic Republic of the Congo (X tons) and South Africa (X tons), together finishing at X% of total import. It was distantly followed by Mozambique (X tons), mixing up a X% share of total imports. Swaziland (X tons), Malawi (X tons), Namibia (X tons), Zambia (X tons), Madagascar (X tons), Botswana (X tons), Zimbabwe (X tons) and Mauritius (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Madagascar (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 SADC were Tanzania ($X), South Africa ($X) and Angola ($X), together comprising X% of total imports. Democratic Republic of the Congo, Botswana, Namibia, Malawi, Madagascar, Mozambique, Mauritius, Swaziland, Zimbabwe and Zambia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Madagascar, with a CAGR of X%, recorded 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

The import price in SADC stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

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 Botswana ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform