France: Inactive Yeast Market 2024

Inactive Yeast Market Size in France

In 2021, the French inactive yeast market decreased by -6% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, recorded a prominent increase. Inactive yeast consumption peaked at $X in 2020, and then dropped in the following year.

Inactive Yeast Production in France

In value terms, inactive yeast production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 110% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Inactive Yeast Exports

Exports from France

In 2021, inactive yeast exports from France stood at X tons, increasing by 8.6% on the year before. In general, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 39% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, inactive yeast exports surged to $X in 2021. The total export value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 26%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Belgium (X tons), Germany (X tons) and the Philippines (X tons) were the main destinations of inactive yeast exports from France, with a combined 45% share of total exports. These countries were followed by the United States, Spain, Italy, Chile, Malaysia, the UK, Thailand, Poland, the Netherlands and India, 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 Malaysia (with a CAGR of +70.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for inactive yeast exported from France were Spain ($X), Italy ($X) and Belgium ($X), with a combined 34% share of total exports. Germany, the UK, the United States, Chile, India, the Netherlands, the Philippines, Poland, Malaysia and Thailand lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Malaysia, with a CAGR of +32.5%, 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 inactive yeast export price stood at $X per ton in 2021, growing by 15% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 23%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Philippines ($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 Netherlands (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Inactive Yeast Imports

Imports into France

In 2021, overseas purchases of inactive yeasts and other dead single-cell micro-organisms increased by 9.5% to X tons, rising for the third year in a row after three years of decline. The total import volume increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 16%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, inactive yeast imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +5.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 14%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Belgium (X tons) and Brazil (X tons) were the main suppliers of inactive yeast imports to France, with a combined 58% share of total imports. Poland, Denmark, Spain, Thailand, Italy, Russia, the UK, Estonia, the United States and the Czech Republic lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +19.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest inactive yeast suppliers to France were Germany ($X), Belgium ($X) and Spain ($X), with a combined 46% share of total imports. These countries were followed by Denmark, Poland, Brazil, Italy, the United States, Thailand, Estonia, the UK, Russia and the Czech Republic, which together accounted for a further 41%.

In terms of the main suppliers, Thailand, with a CAGR of +23.6%, saw the highest growth rate of the value of imports, 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, approximately reflecting the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 when the average import price increased by 25%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Czech Republic ($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 (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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