Switzerland: Inactive Yeast Market 2024

Inactive Yeast Market Size in Switzerland

In 2023, after four years of growth, there was significant decline in the Swiss inactive yeast market, when its value decreased by X% to $X. Over the period under review, consumption saw a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Inactive Yeast Production in Switzerland

In value terms, inactive yeast production rose markedly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Inactive Yeast Exports

Exports from Switzerland

Inactive yeast exports from Switzerland soared to X tons in 2023, jumping by X% on the previous year's figure. In general, total exports indicated slight growth from 2012 to 2023: its volume 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. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, inactive yeast exports soared to $X in 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2012; afterwards, it flattened through to 2023.

Exports by Country

Germany (X tons) was the main destination for inactive yeast exports from Switzerland, with a X% share of total exports. Moreover, inactive yeast exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. Singapore (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Singapore (X% per year).

In value terms, Singapore ($X), Italy ($X) and Germany ($X) were the largest markets for inactive yeast exported from Switzerland worldwide, with a combined X% share of total exports.

Among the main countries of destination, Singapore, with a CAGR of X%, saw the highest growth rate of 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 2023, the average inactive yeast export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price saw a slight setback. The most prominent rate of growth was recorded in 2022 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Inactive Yeast Imports

Imports into Switzerland

Inactive yeast imports into Switzerland contracted dramatically to X tons in 2023, falling by X% on 2022 figures. Overall, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, inactive yeast imports contracted markedly to $X in 2023. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2022, and then fell sharply in the following year.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of inactive yeast imports to Switzerland, with a combined X% share of total imports. France, Brazil, Italy, Austria, Belgium and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and France ($X) were the largest inactive yeast suppliers to Switzerland, with a combined X% share of total imports. Italy, Brazil, Poland, Austria, the United States and Belgium lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average inactive yeast import price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2023: its price 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, inactive yeast import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform