MENA: Inactive Yeast Market 2024

Inactive Yeast Market Size in MENA

The MENA's inactive yeast market reached $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption showed a slight setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Inactive Yeast Production in MENA

In value terms, inactive yeast production rose modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible descent. The pace of growth appeared the most rapid 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 MENA

For the fourth year in a row, MENA recorded growth in overseas shipments of inactive yeasts and other dead single-cell micro-organisms, which increased by X% to X tons in 2022. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, inactive yeast exports surged to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Turkey represented the key exporter of inactive yeasts and other dead single-cell micro-organisms in MENA, with the volume of exports recording X tons, which was near X% of total exports in 2022. Israel (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%). Egypt (X tons) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%), the United Arab Emirates (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) and Israel (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Egypt (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest inactive yeast supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with an X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Israel (X% per year) and Egypt (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then declined in the following year.

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 Egypt ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Inactive Yeast Imports

Imports in MENA

Inactive yeast imports contracted remarkably to X tons in 2022, declining by X% against the year before. Overall, imports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, inactive yeast imports fell dramatically to $X in 2022. Over the period under review, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey was the main importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Kuwait (X tons), mixing up a X% share of total imports. The following importers - the United Arab Emirates (X tons), Israel (X tons) and Egypt (X tons) - each recorded an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to inactive yeast imports into Turkey stood at X%. At the same time, Kuwait (X%), Egypt (X%), the United Arab Emirates (X%) and Israel (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.), Kuwait (X p.p.), the United Arab Emirates (X p.p.) and Egypt (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Kuwait ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 MENA amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, showed a deep slump. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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