Africa: Active Yeast Market 2024

Active Yeast Market Size in Africa

The African active yeast market shrank slightly to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Active Yeast Production in Africa

In value terms, active yeast production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Active Yeast Exports

Exports in Africa

In 2022, overseas shipments of bakers and active yeast decreased by X% to X tons, falling for the third year in a row after three years of growth. In general, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, active yeast exports rose markedly to $X in 2022. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. South Africa (X tons) ranks second in terms of the total exports with an X% share, followed by Morocco (X%). The following exporters - Zimbabwe (X tons), Rwanda (X tons) and Zambia (X tons) - each finished at a X% share of total exports.

Exports from Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Zimbabwe (X%), Rwanda (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) and Zambia (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.), Zimbabwe (X p.p.) and Rwanda (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Morocco (X p.p.), Zambia (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

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

In Egypt, active yeast exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a mild 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, active yeast export price increased by X% against 2020 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 Morocco ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

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

Active Yeast Imports

Imports in Africa

After three years of growth, supplies from abroad of bakers and active yeast decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, active yeast imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Algeria (X tons) and Sudan (X tons) represented the main importers of bakers and active yeast in 2022, resulting at near X% and X% of total imports, respectively. Nigeria (X tons) took the next position in the ranking, followed by Ethiopia (X tons) and Morocco (X tons). All these countries together held approx. X% share of total imports. Cote d'Ivoire (X tons), Angola (X tons), Kenya (X tons), Democratic Republic of the Congo (X tons), Rwanda (X tons), Senegal (X tons), Djibouti (X tons) and Libya (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Djibouti (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest active yeast importing markets in Africa were Sudan ($X), Algeria ($X) and Nigeria ($X), together comprising X% of total imports. Morocco, Ethiopia, Cote d'Ivoire, Kenya, Rwanda, Democratic Republic of the Congo, Libya, Angola, Djibouti and Senegal lagged somewhat behind, together comprising a further X%.

Djibouti, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Africa stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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