Southern Asia: Active Yeast Market 2024

Active Yeast Market Size in Southern Asia

The South Asian active yeast market was estimated at $X in 2023, standing approx. at the previous year. The total consumption indicated a moderate 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, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Active Yeast Production in Southern Asia

In value terms, active yeast production amounted to $X in 2023 estimated in export price. In general, production saw strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Active Yeast Exports

Exports in Southern Asia

In 2023, shipments abroad of bakers and active yeast decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, active yeast exports reduced sharply to $X in 2023. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then declined dramatically in the following year.

Exports by Country

India dominates exports structure, recording X tons, which was approx. X% of total exports in 2023. Sri Lanka (X tons) followed a long way behind the leaders.

India experienced a relatively flat trend pattern with regard to volume of exports of bakers and active yeast. At the same time, Sri Lanka (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest active yeast supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in India stood at X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%).

Active Yeast Imports

Imports in Southern Asia

In 2023, the amount of bakers and active yeast imported in Southern Asia surged to X tons, with an increase of X% compared with the previous year's figure. Total imports indicated resilient growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, active yeast imports totaled $X in 2023. Total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

Imports by Country

India was the main importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Bangladesh (X tons), Sri Lanka (X tons), Pakistan (X tons) and Afghanistan (X tons), together achieving a X% share of total imports. Nepal (X tons) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported bakers and active yeast in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with an X% share of total imports. It was followed by Sri Lanka, with a X% share.

In India, active yeast imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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 India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform