Puerto Rico: Inactive Yeast Market 2025

Inactive Yeast Market Size in Puerto Rico

The Puerto Rican inactive yeast market stood at less than $X in 2021, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern.

Inactive Yeast Exports

Exports from Puerto Rico

In 2021, exports of inactive yeasts and other dead single-cell micro-organisms from Puerto Rico amounted to less than X kg, remaining relatively unchanged against 2020. Overall, exports saw a relatively flat trend pattern.

In value terms, inactive yeast exports amounted to less than $X in 2021. Over the period under review, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, Brazil (X tons), distantly followed by France (X tons), China (X tons), Russia (X tons), Germany (X tons), Belgium (X tons), the United States (X tons) and Poland (X tons) were the major exporters of inactive yeasts and other dead single-cell micro-organisms, together committing 71% of total exports. The following exporters - Estonia (X tons), Italy (X tons), Malaysia (X tons), Ukraine (X tons) and Switzerland (X tons) - together made up 11% of total exports.

Exports from Brazil increased at an average annual rate of +8.1% from 2012 to 2021. At the same time, Malaysia (+61.6%), Ukraine (+47.7%), Russia (+20.4%), China (+10.8%), France (+8.8%), Belgium (+7.9%), Germany (+6.6%), Poland (+5.3%), Estonia (+3.4%), the United States (+3.2%) and Switzerland (+2.5%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +61.6% from 2012-2021. By contrast, Italy (-5.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia, Brazil, China, Malaysia, Ukraine and France increased by +4.9, +2.7, +2.4, +2.2, +2.1 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inactive yeast supplying countries from Puerto Rico were Brazil ($X), France ($X) and the United States ($X), with a combined 32% share of total exports. These countries were followed by China, Belgium, Germany, Estonia, Italy, Russia, Poland, Malaysia, Ukraine and Switzerland, which together accounted for a further 41%.

Ukraine, with a CAGR of +57.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), while the other leaders experienced more modest paces of growth.

Inactive Yeast Imports

Imports into Puerto Rico

In 2021, the amount of inactive yeasts and other dead single-cell micro-organisms imported into Puerto Rico totaled less than X kg, approximately reflecting 2020. In general, imports saw a relatively flat trend pattern.

In value terms, inactive yeast imports amounted to less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

In 2021, Germany (X tons), distantly followed by the United States (X tons), Belarus (X tons), Turkey (X tons), France (X tons) and Belgium (X tons) were the main importers of inactive yeasts and other dead single-cell micro-organisms, together generating 51% of total imports. The UK (X tons), Italy (X tons), Poland (X tons), the Netherlands (X tons), South Korea (X tons), the Czech Republic (X tons) and Japan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to inactive yeast imports into Germany stood at +12.3%. At the same time, South Korea (+25.3%), Turkey (+22.7%), the Czech Republic (+20.3%), Belarus (+18.7%), the UK (+9.9%), Italy (+9.5%), Poland (+8.7%), Belgium (+8.7%), the United States (+7.3%), the Netherlands (+4.7%), France (+2.9%) and Japan (+2.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +25.3% from 2012-2021. Germany (+5.4 p.p.), Belarus (+4 p.p.), Turkey (+3.5 p.p.) and South Korea (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while France saw its share reduced by -2.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported inactive yeasts and other dead single-cell micro-organisms into Puerto Rico, comprising 14% of global imports. The second position in the ranking was taken by Germany ($X), with a 6.4% share of global imports. It was followed by France, with a 6.2% share.

In the United States, inactive yeast imports expanded at an average annual rate of +5.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+9.7% per year) and France (+5.2% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

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 the Netherlands ($X per ton), while Belarus ($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 Netherlands (+8.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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