Active yeasts market in Estonia

Earlier Report Observations

The market volume for active yeasts in Estonia showed considerable volatility from 2018 to 2024. After an initial drop to 9 238 tonnes in 2019, consumption surged to over 14 000 tonnes in 2020, then moderated before reaching a peak of 16 020 tonnes in 2022. The following year saw a sharp contraction to 10 603 tonnes, with a slight recovery to 10 746 tonnes in 2024.

In value terms, the market followed a similar but less pronounced pattern, growing from $6.3 million in 2018 to a high of $10.7 million in 2022. The decline in volume in 2023 was accompanied by a smaller drop in value to $10.1 million, suggesting some price support, before the market value climbed again to $10.6 million in 2024.

Production active yeasts in Estonia

In value, 2018-2021, K $ US

Estonia's active yeast production has increased for the second consecutive year. In 2021, output was valued at 680.4 thousand US dollars, marking a gradual improvement of 8.6% compared to 2020. Over the period from 2018 to 2021, production grew by 10.6%, which translates to an annualized rate of 3.4%. The lowest value was recorded in 2019 at 574.3 thousand US dollars, with the largest decline of 6.7% occurring that year. The largest increase was seen in 2020, at 9.1%.

Annual dynamics of production in Estonia in value, 2018-2021, K $ US

In kind, 2018-2021, t

Estonia's active yeast production has risen for the second year in a row. In 2021, 1 079 tonnes of active yeast were produced, which is 4.9% higher than the previous year. From 2018 to 2021, production increased by 10.3%, with a compound annual growth rate of 3.3%. The lowest output was in 2019 at 966 tonnes, when the largest decline of 1.2% was recorded. The largest increase occurred in 2020, at 6.5%.

Annual dynamics of production in Estonia in kind, 2018-2021, t

Exports active yeasts from Estonia

Exports in kind, t

The market showed volatility during these years. Exports bottomed in 2018 and peaked in 2020, with a 3.9-fold difference between these extremes. In 2021, Estonia's volume of active yeast exports was 60 tonnes, representing a sharp fall of 72.1% compared to 2020. The maximum value was recorded in 2020 at 216 tonnes, and the largest increase was in 2019, at 162.8%.

Annual dynamics of product's exports from Estonia in kind, 2018-2021, t

From 2018 to 2021, Russia, Latvia, and Slovakia remained the main buyers of active yeast from Estonia, accounting for 45.3%, 26.6%, and 26.2% of exports in kind, respectively. Together, they formed 98.1% of total exports in kind.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Estonia in kind, 2018-2021

Exports in value, K $ US

The market displayed an unstable trend over this period. Export volumes reached their minimum in 2018 and peaked in 2020, with a top-to-bottom ratio of 10.1 times. In 2021, Estonia exported 201 thousand US dollars of active yeast, reflecting a sharp decrease of 81.5% from the previous year. The maximum value was recorded in 2020 at 1 086 thousand US dollars, and the largest increase was in 2020, at 502.8%.

Annual dynamics of product's exports from Estonia in value, 2018-2021, K $ US

Between 2018 and 2021, Russia and Finland were the key partners for Estonia's active yeast exports in value terms, with shares of 66.9% and 13.7%, respectively. Together, they accounted for 80.6% of total exports, while other partners made up the remainder.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Estonia in value, 2018-2021

Imports active yeasts to Estonia

Imports in kind, t

In 2021, Estonia's active yeast imports amounted to 11 559 tonnes, showing a solid decline of 13.7% year-over-year. From 2018 to 2021, imports increased by 13.6%, equating to an annualized rate of 4.3%. The lowest value was in 2019 at 8 417 tonnes, when the largest decline of 17.3% occurred. The maximum value was recorded in 2020 at 13 396 tonnes, with the largest increase of 59.1% that year.

Annual dynamics of product's imports to Estonia in kind, 2018-2021, t

From 2018 to 2021, Russia, Finland, and Germany led the structure of active yeast imports in kind to Estonia, with shares of 41.7%, 29.7%, and 10.7%, respectively. Together, they represented 82.1% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Estonia in kind, 2018-2021

Imports in value, K $ US

In 2021, Estonia's active yeast imports were recorded at 8 395 thousand US dollars, which is 2.1% less than the previous year. Between 2018 and 2021, imports grew by 46.1%, translating to an annualized rate of 13.5%. The lowest value was in 2019 at 5 316 thousand US dollars, with the largest decline of 7.5% that year. The maximum value was in 2020 at 8 576 thousand US dollars, when the largest increase of 61.3% occurred.

Annual dynamics of product's imports to Estonia in value, 2018-2021, K $ US

Between 2018 and 2021, Finland, Russia, and Germany formed the main group of sources for Estonia's active yeast imports in value terms, with shares of 26.2%, 20.6%, and 11.2%, respectively. Together, they accounted for 58.0% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Estonia in value, 2018-2021