GCC: Inactive Yeast Market 2025

Inactive Yeast Market Size in GCC

In 2021, after four years of growth, there was significant decline in the GCC inactive yeast market, when its value decreased by -9.8% to $X. The total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +53.0% against 2016 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Inactive Yeast Production in GCC

In value terms, inactive yeast production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2014 with an increase of 75% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then reduced in the following year.

Inactive Yeast Exports

Exports in GCC

In 2021, overseas shipments of inactive yeasts and other dead single-cell micro-organisms were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 67% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, inactive yeast exports surged to $X in 2021. Over the period under review, exports recorded slight growth. The most prominent rate of growth was recorded in 2017 when exports increased by 111% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of inactive yeasts and other dead single-cell micro-organisms, namely the United Arab Emirates, represented more than two-thirds of total export.

The United Arab Emirates was also the fastest-growing in terms of the inactive yeasts and other dead single-cell micro-organisms exports, with a CAGR of -3.8% from 2012 to 2021. The United Arab Emirates (+16 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, the United Arab Emirates ($X) also remains the largest inactive yeast supplier in GCC.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates stood at +4.7%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, growing by 7.1% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, inactive yeast export price increased by +91.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 59%. The level of export peaked in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +8.8% per year.

Inactive Yeast Imports

Imports in GCC

Inactive yeast imports declined notably to X tons in 2021, shrinking by -19.7% compared with 2020. Overall, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 24%. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, inactive yeast imports contracted to $X in 2021. In general, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 33%. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Saudi Arabia prevails in imports structure, finishing at X tons, which was near 91% of total imports in 2021. It was distantly followed by the United Arab Emirates (X tons), comprising a 6.7% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to inactive yeast imports into Saudi Arabia stood at -4.2%. At the same time, the United Arab Emirates (+10.6%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in GCC, with a CAGR of +10.6% from 2012-2021. The United Arab Emirates (+4.8 p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by -4.3% from 2012 to 2021, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported inactive yeasts and other dead single-cell micro-organisms in GCC, comprising 91% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6% share of total imports.

In Saudi Arabia, inactive yeast imports declined by an average annual rate of -4.2% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, surging by 17% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-0.0%).

Source: IndexBox Platform