EU: Inactive Yeast Market 2024

Inactive Yeast Market Size in the EU

The EU inactive yeast market amounted to $X in 2023, stabilizing at the previous year. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Inactive Yeast Production in the EU

In value terms, inactive yeast production totaled $X in 2023 estimated in export price. In general, production recorded a slight increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Inactive Yeast Exports

Exports in the EU

In 2023, inactive yeast exports in the European Union expanded significantly to X tons, picking up by X% compared with 2022 figures. Total exports indicated noticeable 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, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see steady growth in years to come.

In value terms, inactive yeast exports rose rapidly to $X in 2023. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the near future.

Exports by Country

France was the main exporter of inactive yeasts and other dead single-cell micro-organisms in the European Union, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. Belgium (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%), Poland (X%), Estonia (X%) and the Czech Republic (X%). The following exporters - Italy (X tons), Lithuania (X tons), Spain (X tons), the Netherlands (X tons) and Denmark (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to inactive yeast exports from France stood at X%. At the same time, Spain (X%), Denmark (X%), Lithuania (X%), Belgium (X%), Poland (X%), Germany (X%) and Estonia (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, the Netherlands (X%), the Czech Republic (X%) and Italy (X%) illustrated a downward trend over the same period. France (X p.p.), Belgium (X p.p.), Spain (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands, Italy and the Czech Republic saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Belgium ($X) and Estonia ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Germany, Poland, Italy, Denmark, the Netherlands, Spain, the Czech Republic and Lithuania lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, standing approx. at the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

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

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

Inactive Yeast Imports

Imports in the EU

In 2023, the amount of inactive yeasts and other dead single-cell micro-organisms imported in the European Union rose remarkably to X tons, surging by X% compared with the year before. Overall, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, inactive yeast imports stood at $X in 2023. Over the period under review, imports saw a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

Germany represented the main importer of inactive yeasts and other dead single-cell micro-organisms in the European Union, with the volume of imports recording X tons, which was near X% of total imports in 2023. Belgium (X tons) held the second position in the ranking, followed by France (X tons), Italy (X tons), the Netherlands (X tons), the Czech Republic (X tons) and Poland (X tons). All these countries together took near X% share of total imports. Spain (X tons), Lithuania (X tons), Austria (X tons), Estonia (X tons), Denmark (X tons) and Hungary (X tons) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to inactive yeast imports into Germany stood at X%. At the same time, the Czech Republic (X%), Lithuania (X%), Denmark (X%), Italy (X%), Spain (X%), Hungary (X%), Poland (X%), the Netherlands (X%), Belgium (X%) and Austria (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Estonia and France experienced a relatively flat trend pattern. While the share of Germany (X p.p.), the Czech Republic (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Estonia (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Belgium, Italy, Spain, Denmark, Austria, the Czech Republic, Poland, Estonia, Hungary and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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 2023, the import price in the European Union amounted to $X per ton, reducing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced slightly in the following year.

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

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

Source: IndexBox Platform