Vietnam - Bakers’ And Active Yeast - Market Analysis, Forecast, Size, Trends And Insights
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View PricingActive Yeast Price in Vietnam - 2022
Contents:
- Active Yeast Price in Vietnam (CIF) - 2022
- Active Yeast Price in Vietnam (FOB) - 2021
- Active Yeast Imports in Vietnam
- Active Yeast Exports in Vietnam
Active Yeast Price in Vietnam (CIF) - 2022
The average active yeast import price stood at $2,850 per ton in 2022, surging by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $3,083 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 France ($3,890 per ton), while the price for Canada ($2,276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Active Yeast Price in Vietnam (FOB) - 2021
In December 2021, the average active yeast export price amounted to $2,355 per ton, stabilizing at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of less than 0.1% month-to-month. Over the period under review, the average export prices attained the maximum at $2,600 per ton in December 2020; however, from January 2021 to December 2021, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In December 2021, the highest price was recorded for prices to India ($2,355 per ton) and Indonesia ($2,355 per ton), while the average price for exports to Pakistan ($2,355 per ton) and Thailand ($2,355 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (0.0%), while the prices for the other major destinations experienced mixed trend patterns.
Active Yeast Imports in Vietnam
In 2022, overseas purchases of bakers and active yeast decreased by -5.2% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 3.1K tons, and then dropped in the following year.
In value terms, active yeast imports totaled $8.3M in 2022. Overall, imports continue to indicate a relatively flat trend pattern.
Import of Active Yeast in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.2 | 4.1 | 3.8 | 5.2 | 7.4% |
France | 1.9 | 1.9 | 2.0 | 1.3 | -11.9% |
Switzerland | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
Canada | 0.2 | N/A | N/A | 0.1 | -20.6% |
Portugal | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
United States | 0.5 | 1.1 | 1.3 | 0.1 | -41.5% |
Others | 1.5 | 0.9 | 1.0 | 1.1 | -9.8% |
Total | 8.4 | 8.3 | 8.2 | 8.3 | -0.4% |
Top Suppliers of Active Yeast to Vietnam in 2022:
- China (2152.9 tons)
- France (329.3 tons)
- Switzerland (89.8 tons)
- Canada (51.4 tons)
- Portugal (44.2 tons)
- United States (41.9 tons)
Active Yeast Exports in Vietnam
In 2022, shipments abroad of bakers and active yeast decreased by -4.1% to 7.4K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, the exports reached the peak of 8.6K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, active yeast exports dropped slightly to $11M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 9%.
Export of Active Yeast in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 3.6 | 3.9 | 4.4 | 4.0 | 3.6% |
Thailand | 3.0 | 2.9 | 2.5 | 2.5 | -5.9% |
Indonesia | 0.9 | 1.6 | 1.7 | 1.5 | 18.6% |
South Korea | 0.6 | 0.7 | 0.8 | 0.7 | 5.3% |
South Africa | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
Philippines | 0.3 | 0.3 | 0.2 | 0.5 | 18.6% |
India | 0.4 | N/A | 0.5 | 0.5 | 7.7% |
Others | 0.8 | 1.0 | 1.2 | 1.2 | 14.5% |
Total | 10.1 | 11.0 | 11.9 | 11.5 | 4.4% |
Top Export Markets for Active Yeast from Vietnam in 2022:
- Malaysia (2798.8 tons)
- Thailand (1678.3 tons)
- South Korea (749.8 tons)
- Indonesia (748.7 tons)
- Philippines (315.0 tons)
- South Africa (293.4 tons)
- India (253.7 tons)
This report provides an in-depth analysis of the active yeast market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891334 - Bakers
- Prodcom 10891339 - Active yeast (excluding bakers
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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