Eastern Europe: Inactive Yeast Market 2024

Inactive Yeast Market Size in Eastern Europe

In 2022, the East European inactive yeast market increased by X% to $X, rising for the sixth year in a row after four years of decline. Over the period under review, consumption, however, saw a slight decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Inactive Yeast Production in Eastern Europe

In value terms, inactive yeast production rose sharply to $X in 2022 estimated in export price. Overall, production, however, showed a mild descent. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Inactive Yeast Exports

Exports in Eastern Europe

In 2022, shipments abroad of inactive yeasts and other dead single-cell micro-organisms decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, inactive yeast exports declined to $X in 2022. Total exports indicated a strong expansion 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, exports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Russia represented the main exporting country with an export of around X tons, which amounted to X% of total exports. Poland (X tons) held the second position in the ranking, distantly followed by Estonia (X tons) and the Czech Republic (X tons). All these countries together held near X% share of total exports. The following exporters - Ukraine (X tons) and Lithuania (X tons) - each reached an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to inactive yeast exports from Russia stood at X%. At the same time, Ukraine (X%), Poland (X%), Lithuania (X%) and Estonia (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), Ukraine (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Estonia ($X), Russia ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Czech Republic, Lithuania and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Ukraine, with a CAGR of X%, saw 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 Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price 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, inactive yeast export price increased by X% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Estonia ($X per ton), while Ukraine ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Inactive Yeast Imports

Imports in Eastern Europe

In 2022, imports of inactive yeasts and other dead single-cell micro-organisms in Eastern Europe reduced to X tons, falling by X% against the previous year's figure. Total imports indicated prominent growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, inactive yeast imports surged to $X in 2022. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Poland (X tons) and the Czech Republic (X tons) represented the main importers of inactive yeasts and other dead single-cell micro-organisms in 2022, reaching approx. X% and X% of total imports, respectively. Lithuania (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Estonia (X%), Russia (X%), Belarus (X%) and Hungary (X%).

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

In value terms, Russia ($X), the Czech Republic ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Russia, 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

In 2022, the import price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue 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 Russia ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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