China: Active Yeast Market 2024

Active Yeast Market Size in China

In 2022, after two years of decline, there was growth in the Chinese active yeast market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by X%. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Active Yeast Production in China

In value terms, active yeast production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Active Yeast Exports

Exports from China

In 2022, after three years of growth, there was significant decline in shipments abroad of bakers and active yeast, when their volume decreased by X% to X tons. The total export volume 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. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, active yeast exports reduced to $X in 2022. The total export 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 most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then shrank modestly in the following year.

Exports by Country

The Philippines (X tons), Nigeria (X tons) and India (X tons) were the main destinations of active yeast exports from China, with a combined X% share of total exports. Indonesia, Sudan, Bangladesh, Yemen, South Korea, Australia, Pakistan, Brazil, Saudi Arabia and Iraq lagged somewhat behind, together comprising 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 Iraq (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), India ($X) and Nigeria ($X) were the largest markets for active yeast exported from China worldwide, with a combined X% share of total exports. Indonesia, Bangladesh, Sudan, Yemen, Brazil, Australia, Pakistan, Saudi Arabia, Iraq and South Korea lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Iraq, 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. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to South Korea ($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 Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Active Yeast Imports

Imports into China

In 2022, overseas purchases of bakers and active yeast decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted markedly in the following year.

In value terms, active yeast imports declined notably to $X in 2022. Over the period under review, imports, however, posted a notable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of active yeast to China, accounting for a X% share of total imports. Moreover, active yeast imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Denmark (X% per year).

In value terms, the largest active yeast suppliers to China were Belgium ($X), France ($X) and Denmark ($X), together accounting for X% of total imports. Mexico, the UK, the United States, Thailand and Turkey lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X.1%, saw the highest rates of growth with regard to 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

The average active yeast import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a abrupt decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Turkey ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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