Czech Republic: Inactive Yeast Market 2024

Inactive Yeast Market Size in the Czech Republic

In 2021, the Czech inactive yeast market increased by 14% to $X, rising for the fourth consecutive year after five years of decline. Over the period under review, consumption, however, saw a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Inactive Yeast Production in the Czech Republic

In value terms, inactive yeast production contracted sharply to $X in 2021 estimated in export price. Overall, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 311% against the previous year. Inactive yeast production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Inactive Yeast Exports

Exports from the Czech Republic

In 2021, exports of inactive yeasts and other dead single-cell micro-organisms from the Czech Republic rose significantly to X tons, increasing by 14% compared with 2020 figures. Overall, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 27%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, inactive yeast exports stood at $X in 2021. In general, exports, however, recorded a slight slump. The pace of growth appeared the most rapid in 2018 with an increase of 27%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for inactive yeast exports from the Czech Republic, with a 65% share of total exports. Moreover, inactive yeast exports to Italy exceeded the volume sent to the second major destination, Austria (X tons), sixfold. The third position in this ranking was held by the Netherlands (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-14.7% per year) and the Netherlands (+13.3% per year).

In value terms, Italy ($X) remains the key foreign market for inactive yeasts and other dead single-cell micro-organisms exports from the Czech Republic, comprising 48% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.0% per year) and the Netherlands (+28.2% per year).

Export Prices by Country

The average inactive yeast export price stood at $X per ton in 2021, waning by -6.8% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +9.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, inactive yeast export price increased by +28.4% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($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 the United States (+53.2%), while the prices for the other major destinations experienced more modest paces of growth.

Inactive Yeast Imports

Imports into the Czech Republic

In 2021, inactive yeast imports into the Czech Republic surged to X tons, jumping by 41% compared with 2020. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 93%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, inactive yeast imports surged to $X in 2021. Over the period under review, imports saw a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 61%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of inactive yeast to the Czech Republic, with a 58% share of total imports. Moreover, inactive yeast imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), twofold. Poland (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+71.4% per year) and Poland (+16.5% per year).

In value terms, Russia ($X) constituted the largest supplier of inactive yeasts and other dead single-cell micro-organisms to the Czech Republic, comprising 34% of total imports. The second position in the ranking was held by Poland ($X), with a 14% share of total imports. It was followed by Ukraine, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +32.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+23.8% per year) and Ukraine (+58.0% per year).

Import Prices by Country

The average inactive yeast import price stood at $X per ton in 2021, waning by -3.8% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 27%. The import price peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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