Eastern Asia: Inactive Yeast Market 2025

Inactive Yeast Market Size in Eastern Asia

In 2021, after three years of growth, there was decline in the East Asian inactive yeast market, when its value decreased by -1.3% to $X. Over the period under review, consumption recorded a perceptible curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Inactive Yeast Production in Eastern Asia

In value terms, inactive yeast production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 45% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Inactive Yeast Exports

Exports in Eastern Asia

In 2021, the amount of inactive yeasts and other dead single-cell micro-organisms exported in Eastern Asia rose modestly to X tons, growing by 3.4% on 2020. Over the period under review, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 75%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, inactive yeast exports rose rapidly to $X in 2021. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2015 when exports increased by 34% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. 94% of total exports in 2021. South Korea (X tons) took a relatively small share of total exports.

Exports from China increased at an average annual rate of +10.8% from 2012 to 2021. At the same time, South Korea (+13.2%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +13.2% from 2012-2021. China (+3.2 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest inactive yeast supplier in Eastern Asia, comprising 73% of total exports. The second position in the ranking was held by South Korea ($X), with a 10% share of total exports.

In China, inactive yeast exports increased at an average annual rate of +21.5% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, rising by 4.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2016 when the export price increased by 51%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.6%).

Inactive Yeast Imports

Imports in Eastern Asia

Inactive yeast imports expanded modestly to X tons in 2021, with an increase of 4.5% against 2020 figures. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +10.3% against 2015 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, inactive yeast imports rose sharply to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 33%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, South Korea (X tons) and Japan (X tons) represented the major importers of inactive yeasts and other dead single-cell micro-organisms in Eastern Asia, together generating 80% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), creating a 17% share of total imports. China (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +25.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest inactive yeast importing markets in Eastern Asia were Japan ($X), South Korea ($X) and Taiwan (Chinese) ($X), together accounting for 88% of total imports.

South Korea, with a CAGR of +14.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, picking up by 2.9% against the previous year. In general, the import price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2017 an increase of 3.9%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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