United Kingdom - Bakers’ And Active Yeast - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUK Sees a 2023 Surge in Imports of Active Yeast, Reaching a Value of $53M
United Kingdom Active Yeast Imports
In 2023, supplies from abroad of bakers and active yeast decreased by -4.1% to 24K tons, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2019 when imports increased by 8.6%. Over the period under review, imports reached the maximum at 45K tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, active yeast imports surged to $53M (IndexBox estimates) in 2023. Over the period under review, total imports indicated a slight expansion from 2013 to 2023: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of $76M. From 2021 to 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Active Yeast in United Kingdom (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Belgium | 16.2 | 19.4 | 18.7 | 16.3 | 17.3 | 17.8 | 19.1 | 16.0 | 13.6 | 15.4 | 20.6 |
| France | 8.3 | 10.2 | 12.3 | 11.6 | 15.2 | 12.0 | 12.7 | 28.8 | 9.4 | 4.8 | 9.6 |
| Ireland | 2.3 | 1.7 | 1.5 | 1.5 | 1.8 | 2.5 | 2.9 | 4.0 | 6.1 | 5.5 | 5.6 |
| Italy | 2.9 | 2.0 | 2.2 | 2.3 | 3.3 | 3.3 | 2.5 | 5.4 | 2.3 | 3.1 | 4.8 |
| China | 1.6 | 2.4 | 3.8 | 2.5 | 3.1 | 1.7 | 2.9 | 4.4 | 5.7 | 1.5 | 2.7 |
| Denmark | 5.2 | 6.6 | 6.7 | 8.9 | 5.4 | 8.4 | 2.8 | 4.1 | 3.7 | 2.6 | 1.7 |
| Germany | 2.2 | 2.9 | 1.6 | 0.5 | 0.4 | 1.8 | 1.9 | 1.1 | 1.7 | 1.1 | 1.6 |
| Serbia | 1.5 | N/A | 1.7 | 2.5 | 4.4 | 4.2 | 3.4 | 2.6 | 0.8 | 0.3 | 0.8 |
| Others | 3.5 | 3.6 | 3.0 | 2.6 | 3.0 | 3.6 | 6.1 | 9.6 | 7.9 | 7.3 | 5.6 |
| Total | 43.8 | 48.7 | 51.5 | 48.7 | 53.8 | 55.3 | 54.4 | 76.0 | 51.0 | 41.8 | 53.0 |
Imports by Country
In 2023, Belgium (18K tons) constituted the largest active yeast supplier to the UK, with a 77% share of total imports. Moreover, active yeast imports from Belgium exceeded the figures recorded by the second-largest supplier, France (1.8K tons), tenfold. Ireland (1.3K tons) ranked third in terms of total imports with a 5.5% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from Belgium totaled -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.0% per year) and Ireland (+14.6% per year).
In value terms, Belgium ($21M) constituted the largest supplier of bakers and active yeast to the UK, comprising 39% of total imports. The second position in the ranking was taken by France ($9.6M), with an 18% share of total imports. It was followed by Ireland, with an 11% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Belgium stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.4% per year) and Ireland (+9.1% per year).
Import Prices by Country
In 2023, the active yeast price amounted to $2,245 per ton (CIF, United Kingdom), increasing by 32% against the previous year. Over the period under review, import price indicated strong growth from 2013 to 2023: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. The import price peaked in 2023 and is expected to retain growth in the immediate term.
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 ($7,655 per ton), while the price for Belgium ($1,137 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the active yeast market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891334 - Bakers
- Prodcom 10891339 - Active yeast (excluding bakers
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
