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During the period being evaluated, Inactive Yeast exports reached their peak in 2023 and are projected to keep expanding in the coming years. In terms of value, the exports of Inactive Yeast saw a significant increase, reaching $162M in 2023.
From April 2023 to January 2024, Inactive Yeast exports experienced a slight decrease in growth, reaching a value of $16M in January 2024.
The growth rate for Inactive Yeast was particularly significant in July 2023, exhibiting a month-to-month increase of 101%. In terms of value, the import of inactive yeast skyrocketed to $4.5M by September 2023.
The growth rate of Inactive Yeast was especially notable in May 2023, seeing a monthly increase of 68%. In terms of value, the imports of inactive yeast noticeably decreased to $4.1M in June 2023.
The price of Inactive Yeast in June 2023 was $1,963 per ton (FOB, Brazil), reflecting a decrease of -1.7% compared to the previous month.
In value terms, inactive yeast exports reached $7.7M in April 2023.
In February 2023, the inactive yeast price stood at $4,088 per ton (CIF, Canada), surging by 10% against the previous month.
In December 2022, the inactive yeast price amounted to $3,339 per ton (CIF, US), increasing by 15% against the previous month.
The global inactive yeast market revenue amounted to $9B in 2018, going up by 7% against the previous year. This...