Southern Asia: Inactive Yeast Market 2024

Inactive Yeast Market Size in Southern Asia

The South Asian inactive yeast market expanded to $X in 2023, surging by X% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Inactive Yeast Production in Southern Asia

In value terms, inactive yeast production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Inactive Yeast Exports

Exports in Southern Asia

Inactive yeast exports dropped to X tons in 2023, with a decrease of X% on the year before. Overall, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, inactive yeast exports shrank markedly to $X in 2023. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2022, and then reduced markedly in the following year.

Exports by Country

In 2023, India (X tons) was the key exporter of inactive yeasts and other dead single-cell micro-organisms, making up X% of total exports. It was distantly followed by Sri Lanka (X tons), committing a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to inactive yeast exports from India stood at X%. At the same time, Sri Lanka (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. Sri Lanka (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, India ($X) remains the largest inactive yeast supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in India totaled X%.

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, saw a strong increase. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%).

Inactive Yeast Imports

Imports in Southern Asia

In 2023, purchases abroad of inactive yeasts and other dead single-cell micro-organisms decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, inactive yeast imports amounted to $X in 2023. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

India (X tons) and Bangladesh (X tons) prevails in imports structure, together committing X% of total imports. Sri Lanka (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (X%). Maldives (X tons) took a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest inactive yeast importing markets in Southern Asia were Bangladesh ($X), India ($X) and Pakistan ($X), with a combined X% share of total imports.

In terms of the main importing countries, Bangladesh, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a deep downturn. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Maldives (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform