Brazil: Inactive Yeast Market 2024

Inactive Yeast Market Size in Brazil

In 2021, the Brazilian inactive yeast market decreased by -33% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a abrupt shrinkage. Inactive yeast consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Inactive Yeast Production in Brazil

In value terms, inactive yeast production reduced modestly to $X in 2021 estimated in export price. Overall, production recorded a slight reduction. The pace of growth was the most pronounced in 2013 when the production volume increased by 16% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Inactive Yeast Exports

Exports from Brazil

In 2021, overseas shipments of inactive yeasts and other dead single-cell micro-organisms increased by 18% to X tons, rising for the second consecutive year after two years of decline. In general, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +61.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, inactive yeast exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 28%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), Norway (X tons) and Belgium (X tons) were the main destinations of inactive yeast exports from Brazil, with a combined 46% share of total exports. These countries were followed by France, China, the Netherlands, India, Ecuador, Mexico, Taiwan (Chinese), Argentina, Indonesia and Vietnam, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +67.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Norway ($X) and Belgium ($X) were the largest markets for inactive yeast exported from Brazil worldwide, with a combined 50% share of total exports. The Netherlands, France, China, Mexico, Ecuador, India, Argentina, Vietnam, Taiwan (Chinese) and Indonesia lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, the Netherlands, with a CAGR of +65.3%, recorded the highest growth rate of 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 inactive yeast export price stood at $X per ton in 2021, declining by -1.7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 8.1% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Inactive Yeast Imports

Imports into Brazil

In 2021, the amount of inactive yeasts and other dead single-cell micro-organisms imported into Brazil skyrocketed to X tons, jumping by 136% compared with the previous year's figure. Overall, imports showed a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 142% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, inactive yeast imports surged to $X in 2021. In general, imports posted strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by 92%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Belgium (X tons) and France (X tons) were the main suppliers of inactive yeast imports to Brazil, with a combined 62% share of total imports. These countries were followed by Poland, Argentina, Ireland, Mexico and the United States, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +70,958.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest inactive yeast suppliers to Brazil were China ($X), Belgium ($X) and France ($X), with a combined 60% share of total imports. The United States, Poland, Ireland, Mexico and Argentina lagged somewhat behind, together comprising a further 22%.

Poland, with a CAGR of +12,317.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average inactive yeast import price amounted to $X per ton, dropping by -25.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 63%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :