Western Africa: Inactive Yeast Market 2024

Inactive Yeast Market Size in Western Africa

In 2022, the West African inactive yeast market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Inactive Yeast Production in Western Africa

In value terms, inactive yeast production reached $X in 2022 estimated in export price. The total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Inactive Yeast Exports

Exports in Western Africa

In 2022, overseas shipments of inactive yeasts and other dead single-cell micro-organisms were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a dramatic slump. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, inactive yeast exports reduced remarkably to $X in 2022. Overall, exports, however, saw a precipitous setback. The growth pace was the most rapid in 2020 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X tons) and Senegal (X tons) were the largest exporters of inactive yeasts and other dead single-cell micro-organisms in 2022, accounting for near X% and X% of total exports, respectively. It was distantly followed by Mauritania (X tons), generating a X% share of total exports. Togo (X kg), Nigeria (X kg), Ghana (X kg) and Niger (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Burkina Faso (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Burkina Faso ($X), Senegal ($X) and Mauritania ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Ghana, Togo, Nigeria and Niger lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Western Africa amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.

Inactive Yeast Imports

Imports in Western Africa

In 2022, imports of inactive yeasts and other dead single-cell micro-organisms in Western Africa shrank dramatically to X tons, declining by X% on the previous year. Over the period under review, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, inactive yeast imports reduced to $X in 2022. In general, imports, however, posted buoyant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Nigeria was the largest importer of inactive yeasts and other dead single-cell micro-organisms in Western Africa, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Senegal (X tons) held the second position in the ranking, followed by Burkina Faso (X tons). All these countries together held near X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Burkina Faso (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported inactive yeasts and other dead single-cell micro-organisms in Western Africa, comprising X% of total imports. The second position in the ranking was taken by Senegal ($X), with a X% share of total imports.

In Nigeria, inactive yeast imports 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: Senegal (X% per year) and Burkina Faso (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, rising 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 2017 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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