Argentina: Active Yeast Market 2024

Active Yeast Market Size in Argentina

After three years of growth, the Argentinian active yeast market decreased by X% to $X in 2022. Overall, consumption recorded a noticeable slump. Active yeast consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Active Yeast Production in Argentina

In value terms, active yeast production expanded to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Active Yeast Exports

Exports from Argentina

In 2022, the amount of bakers and active yeast exported from Argentina soared to X tons, increasing by X% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a slight setback. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, active yeast exports soared to $X in 2022. Overall, exports, however, recorded a pronounced decrease. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for active yeast exports from Argentina, with a X% share of total exports. Moreover, active yeast exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Chile (X% per year).

In value terms, Brazil ($X) emerged as the key foreign market for bakers and active yeast exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Chile (X% per year).

Export Prices by Country

The average active yeast export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a pronounced contraction. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (X%), while the prices for the other major destinations experienced a decline.

Active Yeast Imports

Imports into Argentina

After three years of growth, overseas purchases of bakers and active yeast decreased by X% to X tons in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, active yeast imports shrank slightly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Paraguay (X tons) constituted the largest supplier of active yeast to Argentina, with a X% share of total imports. It was followed by Egypt (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Paraguay was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and China (X% per year).

In value terms, Paraguay ($X) constituted the largest supplier of bakers and active yeast to Argentina, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Paraguay stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Egypt (X% per year).

Import Prices by Country

The average active yeast import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Paraguay ($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 prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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