Uruguay: Inactive Yeast Market 2025

Inactive Yeast Market Size in Uruguay

After two years of growth, the Uruguayan inactive yeast market decreased by -8.4% to $X in 2021. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Inactive yeast consumption peaked at $X in 2020, and then fell in the following year.

Inactive Yeast Production in Uruguay

In value terms, inactive yeast production dropped to $X in 2021 estimated in export price. In general, the total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +96.9% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of 73% against the previous year. Inactive yeast production peaked at $X in 2020, and then dropped in the following year.

Inactive Yeast Exports

Exports from Uruguay

In 2021, the amount of inactive yeasts and other dead single-cell micro-organisms exported from Uruguay surged to X kg, picking up by 39% compared with the previous year. In general, exports, however, continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2018 with an increase of 1,080% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, inactive yeast exports contracted sharply to $X in 2021. Overall, exports, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 1,229% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Chile (X kg) was the main destination for inactive yeast exports from Uruguay, with a 78% share of total exports. Moreover, inactive yeast exports to Chile exceeded the volume sent to the second major destination, Argentina (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Chile stood at -29.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+22.0% per year) and Paraguay (-24.2% per year).

In value terms, Chile ($X) emerged as the key foreign market for inactive yeasts and other dead single-cell micro-organisms exports from Uruguay, comprising 64% of total exports. The second position in the ranking was taken by Argentina ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile amounted to -31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+8.2% per year) and Paraguay (-4.8% per year).

Export Prices by Country

The average inactive yeast export price stood at $X per ton in 2021, shrinking by -48.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 103% against the previous year. The export price peaked at $X per ton in 2020, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+25.2%), while the prices for the other major destinations experienced a decline.

Inactive Yeast Imports

Imports into Uruguay

In 2021, inactive yeast imports into Uruguay surged to X tons, rising by 103% compared with the previous year. Over the period under review, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, inactive yeast imports soared to $X in 2021. In general, imports recorded prominent growth. The growth pace was the most rapid in 2015 with an increase of 68% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Hungary (X tons), the United States (X tons) and France (X tons) were the main suppliers of inactive yeast imports to Uruguay, together comprising 52% of total imports. Brazil, Argentina, China, Estonia, Germany and Mexico lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +77.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of inactive yeasts and other dead single-cell micro-organisms to Uruguay, comprising 24% of total imports. The second position in the ranking was held by Hungary ($X), with an 11% share of total imports. It was followed by Argentina, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +31.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (0.0% per year) and Argentina (+6.7% per year).

Import Prices by Country

In 2021, the average inactive yeast import price amounted to $X per ton, shrinking by -35.2% against the previous year. Over the period under review, the import price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 34%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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