Sweden: Active Yeast Market 2024

Active Yeast Market Size in Sweden

The Swedish active yeast market totaled $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated a prominent increase 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, consumption increased by X% against 2017 indices. Active yeast consumption peaked in 2022 and is expected to retain growth in the near future.

Active Yeast Production in Sweden

In value terms, active yeast production rose slightly 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; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Active Yeast Exports

Exports from Sweden

In 2022, overseas shipments of bakers and active yeast decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, active yeast exports stood at $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for active yeast exports from Sweden, with a X% share of total exports. Moreover, active yeast exports to Norway exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. Denmark (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 Norway totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Denmark (X% per year).

In value terms, Norway ($X) remains the key foreign market for bakers and active yeast exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average active yeast export price amounted to $X per ton, picking up by X% against the previous year. In general, export price indicated a temperate 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 export price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

Active Yeast Imports

Imports into Sweden

After seven years of growth, purchases abroad of bakers and active yeast decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped slightly in the following year.

In value terms, active yeast imports contracted slightly to $X in 2022. In general, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest supplier of active yeast to Sweden, with a X% share of total imports. Moreover, active yeast imports from Denmark exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

In value terms, the largest active yeast suppliers to Sweden were Denmark ($X), Belgium ($X) and France ($X), with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average active yeast import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($X per ton), while the price for Denmark ($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 mixed trend patterns.

Source: IndexBox Platform

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