Belgium: Active Yeast Market 2024

Active Yeast Market Size in Belgium

In 2022, the Belgian active yeast market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, enjoyed resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then fell dramatically in the following year.

Active Yeast Production in Belgium

In value terms, active yeast production fell significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Active Yeast Exports

Exports from Belgium

After two years of growth, overseas shipments of bakers and active yeast decreased by X% to X tons in 2022. In general, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, active yeast exports dropped rapidly to $X in 2022. Overall, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank significantly in the following year.

Exports by Country

France (X tons) was the main destination for active yeast exports from Belgium, accounting for a X% share of total exports. Moreover, active yeast exports to France exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Spain (X% per year).

In value terms, France ($X) remains the key foreign market for bakers and active yeast exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average active yeast export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

Active Yeast Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in purchases abroad of bakers and active yeast, when their volume decreased by X% to X tons. In general, imports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, active yeast imports fell notably to $X in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

France (X tons), the Netherlands (X tons) and the UK (X tons) were the main suppliers of active yeast imports to Belgium, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of bakers and active yeast to Belgium, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average active yeast import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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