South-Eastern Asia: Mate Market 2024

Mate Market Size in South-Eastern Asia

The Southeast Asian mate market soared to $X in 2023, increasing by X% against the previous year. Overall, consumption continues to indicate a moderate increase. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Mate Production in South-Eastern Asia

In value terms, mate production skyrocketed to $X in 2023 estimated in export price. In general, production showed a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

The country with the largest volume of mate production was Singapore (X tons), accounting for X% of total volume. Moreover, mate production in Singapore exceeded the figures recorded by the second-largest producer, Brunei Darussalam (X tons), tenfold. The Philippines (X tons) ranked third in terms of total production with a X% share.

In Singapore, mate production remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Brunei Darussalam (X% per year) and the Philippines (X% per year).

Mate Exports

Exports in South-Eastern Asia

In 2023, overseas shipments of mate decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, mate exports reduced notably to $X in 2023. Over the period under review, exports showed a abrupt decline. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Singapore prevails in exports structure, amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by Malaysia (X tons), Indonesia (X tons) and Thailand (X tons), together comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to mate exports from Singapore stood at X%. At the same time, Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Malaysia (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Thailand (X p.p.) displayed negative dynamics.

In value terms, Singapore ($X) remains the largest mate supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Thailand, with an X% share.

In Singapore, mate exports declined by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, mate export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Mate Imports

Imports in South-Eastern Asia

In 2023, overseas purchases of mate decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, mate imports fell remarkably to $X in 2023. In general, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Malaysia was the major importing country with an import of around X tons, which resulted at X% of total imports. Brunei Darussalam (X tons) ranks second in terms of the total imports with a X% share, followed by Singapore (X%) and Vietnam (X%). Thailand (X tons) and Cambodia (X tons) took a relatively small share of total imports.

Imports into Malaysia decreased at an average annual rate of X% from 2012 to 2023. Cambodia and Thailand experienced a relatively flat trend pattern. Vietnam (X%), Singapore (X%) and Brunei Darussalam (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), Vietnam (X p.p.), Thailand (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore and Brunei Darussalam saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the largest mate importing markets in South-Eastern Asia were Malaysia ($X), Singapore ($X) and Thailand ($X), with a combined X% share of total imports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 South-Eastern Asia stood at $X per ton in 2023, picking up by X% against the previous year. In general, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform