Australia: Active Yeast Market 2024

Active Yeast Market Size in Australia

In 2022, the Australian active yeast market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, recorded a noticeable setback. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Active Yeast Production in Australia

In value terms, active yeast production reduced to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Active Yeast Exports

Exports from Australia

In 2022, approx. X tons of bakers and active yeast were exported from Australia; declining by X% against the previous year's figure. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, active yeast exports reduced slightly to $X in 2022. Overall, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons), the United States (X tons) and New Zealand (X tons) were the main destinations of active yeast exports from Australia, together comprising X% of total exports. Italy, South Africa, Papua New Guinea, the UK, Indonesia, Thailand, New Caledonia, Kiribati, Argentina and Chile lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Papua New Guinea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for active yeast exported from Australia were the United States ($X), New Zealand ($X) and Italy ($X), together accounting for X% of total exports. South Africa, the UK, Japan, Indonesia, Thailand, Chile, Papua New Guinea, Argentina, New Caledonia and Kiribati lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average active yeast export price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Japan ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Active Yeast Imports

Imports into Australia

Active yeast imports into Australia skyrocketed to X tons in 2022, rising by X% on the previous year. In general, total imports indicated a pronounced increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, active yeast imports surged to $X in 2022. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest active yeast supplier to Australia, accounting for a X% share of total imports. Moreover, active yeast imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. New Zealand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and New Zealand (X% per year).

In value terms, the largest active yeast suppliers to Australia were China ($X), Belgium ($X) and France ($X), with a combined X% share of total imports. The UK, Mexico, New Zealand and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average active yeast import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, import price indicated a notable expansion 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 import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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 Belgium ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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