Spain: Active Yeast Market 2024

Active Yeast Market Size in Spain

For the third year in a row, the Spanish active yeast market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption saw a slight downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Active Yeast Production in Spain

In value terms, active yeast production rose significantly to $X in 2022 estimated in export price. Overall, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Active yeast production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Active Yeast Exports

Exports from Spain

In 2022, exports of bakers and active yeast from Spain stood at X tons, increasing by X% on the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, active yeast exports rose significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Portugal (X tons) was the main destination for active yeast exports from Spain, accounting for a X% share of total exports. Moreover, active yeast exports to Portugal exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. Senegal (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Senegal (X% per year).

In value terms, Portugal ($X) remains the key foreign market for bakers and active yeast exports from Spain, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Portugal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average active yeast export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Italy ($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 Portugal (X%), while the prices for the other major destinations experienced a decline.

Active Yeast Imports

Imports into Spain

Active yeast imports into Spain contracted to X tons in 2022, waning by X% compared with 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, active yeast imports totaled $X in 2022. Overall, imports, however, saw measured growth. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Portugal (X tons), Italy (X tons) and France (X tons) were the main suppliers of active yeast imports to Spain, together accounting for X% of total imports. Egypt, Belgium, Turkey, Denmark and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), France ($X) and Italy ($X) appeared to be the largest active yeast suppliers to Spain, together comprising X% of total imports. Belgium, Denmark, Egypt, Turkey and Germany lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, recorded 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

In 2022, the average active yeast import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price 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, active yeast import price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 ($X per ton), while the price for Italy ($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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