Italy: Active Yeast Market 2024

Active Yeast Market Size in Italy

The Italian active yeast market skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption, however, recorded a slight shrinkage. Active yeast consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Active Yeast Production in Italy

In value terms, active yeast production expanded markedly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2020 when the production volume increased by X%. Active yeast production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Active Yeast Exports

Exports from Italy

In 2022, exports of bakers and active yeast from Italy rose notably to X tons, growing by X% compared with 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, active yeast exports totaled $X in 2022. Overall, total exports indicated a measured expansion from 2012 to 2022: its value 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Greece (X tons) and Switzerland (X tons) were the main destinations of active yeast exports from Italy, with a combined X% share of total exports. Spain, Sudan, Germany, Israel, the UK and Croatia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for active yeast exported from Italy were France ($X), Greece ($X) and Switzerland ($X), together comprising X% of total exports. Germany, Spain, Sudan, the UK, Israel and Croatia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Sudan, with a CAGR of X%, 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

In 2022, the average active yeast export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

Active Yeast Imports

Imports into Italy

In 2022, imports of bakers and active yeast into Italy fell slightly to X tons, waning by X% compared with the previous year's figure. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its volume 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, imports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, active yeast imports stood at $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value 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, imports increased by X% against 2013 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

North Macedonia (X tons), France (X tons) and Spain (X tons) were the main suppliers of active yeast imports to Italy, together comprising X% of total imports.

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

In value terms, the largest active yeast suppliers to Italy were France ($X), Denmark ($X) and Belgium ($X), with a combined X% share of total imports. North Macedonia, Portugal, Germany, Sweden, China, Spain, Turkey, the Netherlands, the UK and Greece lagged somewhat behind, together accounting for a further X%.

North Macedonia, with a CAGR of X%, saw the highest growth rate of 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, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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