Croatia: Active Yeast Market 2024

Active Yeast Market Size in Croatia

The Croatian active yeast market soared to $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Active yeast consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Active Yeast Production in Croatia

In value terms, active yeast production surged to $X in 2022 estimated in export price. Overall, production faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Active yeast production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Active Yeast Exports

Exports from Croatia

In 2022, shipments abroad of bakers and active yeast decreased by X% to X tons, falling for the ninth consecutive year after two years of growth. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, active yeast exports fell notably to $X in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons) was the main destination for active yeast exports from Croatia, with a X% share of total exports. Moreover, active yeast exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Montenegro (X tons), twofold. The third position in this ranking was held by Albania (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Montenegro (X% per year) and Albania (X% per year).

In value terms, Bosnia and Herzegovina ($X), Montenegro ($X) and Albania ($X) appeared to be the largest markets for active yeast exported from Croatia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Bosnia and Herzegovina, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average active yeast export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, export price indicated a perceptible increase 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 export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Active Yeast Imports

Imports into Croatia

In 2022, the amount of bakers and active yeast imported into Croatia shrank to X tons, reducing by X% against the previous year's figure. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, active yeast imports soared to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Hungary (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of active yeast imports to Croatia, together accounting for X% of total imports.

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

In value terms, Poland ($X), Hungary ($X) and Germany ($X) appeared to be the largest active yeast suppliers to Croatia, together accounting for X% of total imports.

Poland, with a CAGR of X%, recorded 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, import price indicated modest growth 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 2019 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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