Morocco: Active Yeast Market 2024

Active Yeast Market Size in Morocco

For the third year in a row, the Moroccan active yeast market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Active yeast consumption peaked in 2022 and is expected to retain growth in the immediate term.

Active Yeast Production in Morocco

In value terms, active yeast production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Active Yeast Exports

Exports from Morocco

In 2022, shipments abroad of bakers and active yeast decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, active yeast exports contracted to $X in 2022. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), Mauritania (X tons) and Tunisia (X tons) were the main destinations of active yeast exports from Morocco, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for active yeast exported from Morocco were Saudi Arabia ($X), Mauritania ($X) and Tunisia ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Mauritania, with a CAGR of X%, saw the highest growth rate of 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, surging by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure 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 Spain ($X per ton), while the average price for exports to Libya ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Active Yeast Imports

Imports into Morocco

In 2022, active yeast imports into Morocco surged to X tons, with an increase of X% compared with the year before. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, active yeast imports soared to $X in 2022. Overall, imports showed a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of active yeast to Morocco, accounting for a X% share of total imports. Moreover, active yeast imports from France exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at X%.

In value terms, France ($X) constituted the largest supplier of bakers and active yeast to Morocco, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%.

Import Prices by Country

The average active yeast import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for France stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%).

Source: IndexBox Platform

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