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Dominican Republic - Mate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMate Price in the Dominican Republic - 2023
Contents:
- Mate Price in the Dominican Republic (CIF) - 2022
- Mate Price in the Dominican Republic (FOB) - 2022
- Mate Imports in the Dominican Republic
- Mate Exports in the Dominican Republic
Mate Price in the Dominican Republic (CIF) - 2022
In 2022, the average mate import price amounted to $2,984 per ton, waning by -27.6% against the previous year. In general, the import price, however, recorded slight growth. The growth pace was the most rapid in 2014 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $5,452 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Argentina ($6,111 per ton), while the price for the United States amounted to $1,990 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Mate Price in the Dominican Republic (FOB) - 2022
In 2022, the average mate export price amounted to $7,500 per ton, surging by 338% against the previous year. Overall, the export price continues to indicate a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Turks and Caicos Islands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +16.3% per year.
Mate Imports in the Dominican Republic
In 2022, approx. 8.4 tons of mate were imported into the Dominican Republic; with an increase of 82% against the previous year's figure. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mate imports skyrocketed to $25K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Mate in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.1 | 0.9 | 4.3 | 12.6 | 125.4% |
Argentina | 13.4 | 11.3 | 11.3 | 12.3 | -2.8% |
Spain | 1.3 | 1.6 | 2.0 | N/A | 24.0% |
Others | 1.9 | 1.0 | 1.3 | N/A | -17.3% |
Total | 17.8 | 14.8 | 18.9 | 24.9 | 11.8% |
Top Suppliers of Mate to the Dominican Republic in 2022:
- United States (6.3 tons)
- Argentina (2.0 tons)
Mate Exports in the Dominican Republic
In 2022, approx. 2 kg of mate were exported from the Dominican Republic; declining by -99.5% against 2021 figures. Overall, exports saw a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 264% against the previous year. As a result, the exports attained the peak of 364 kg, and then fell rapidly in the following year.
In value terms, mate exports fell markedly to $15 in 2022. Over the period under review, exports faced a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 330%. As a result, the exports reached the peak of $623, and then dropped notably in the following year.
Export of Mate in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turks and Caicos Islands | N/A | N/A | N/A | 15.0 | 0% |
United States | 143 | 50.0 | 179 | N/A | 11.9% |
Netherlands | 110 | 84.0 | 203 | N/A | 35.8% |
Canada | 30.0 | 11.0 | 38.0 | N/A | 12.5% |
Others | N/A | N/A | 203 | N/A | 0% |
Total | 283 | 145 | 623 | 15.0 | -62.4% |
Top Export Markets for Mate from the Dominican Republic in 2022:
- Turks and Caicos Islands (2.0 kg)
This report provides an in-depth analysis of the mate market in the Dominican Republic. 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:
- FCL 671 - Mate
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
This report provides an in-depth analysis of the mate market in the Dominican Republic.
This report provides an in-depth analysis of the global mate market.
This report provides an in-depth analysis of the mate market in the Dominican Republic.
This report provides an in-depth analysis of the global mate market.
Brazil dominates in the global maté trade. In 2014, Brazil exported X thousand tons of maté totaling X million USD, X% over the previous year. Its primary trading partner was Uruguay, where it supplied X% of its total maté exports in value terms
Brazil dominates in the global maté trade. In 2014, Brazil exported X thousand tons of maté totaling X million USD, X% over the previous year. Its primary trading partner was Uruguay, where it supplied X% of its total maté exports in value terms