Global Mate Market 2024

Mate Market Size

In 2023, the global mate market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Overall, the total consumption indicated buoyant growth from 2012 to 2023: its value 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the global market remained at a somewhat lower figure.

Mate Production

In value terms, mate production stood at $X in 2023 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2023: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, global production growth failed to regain momentum.

The countries with the highest volumes of production in 2023 were Argentina (X tons), Brazil (X tons) and Paraguay (X tons), together accounting for X% of global production.

From 2012 to 2023, the biggest increases were recorded for Argentina (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

In 2023, the global average yield of mate reduced to X tons per ha, falling by X% against 2022. In general, the yield indicated strong growth from 2012 to 2023: its figure 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 yield increased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2023, the growth of the average mate yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global mate harvested area contracted slightly to X ha in 2023, stabilizing at the year before. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the harvested area dedicated to mate production reached the peak figure at X ha in 2022, and then declined in the following year.

Mate Exports

Exports

In 2023, the amount of mate exported worldwide reduced to X tons, dropping by X% against the previous year. Overall, total exports indicated slight growth from 2012 to 2023: its volume 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, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the global exports remained at a somewhat lower figure.

In value terms, mate exports fell modestly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The global exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) and Argentina (X tons) dominates exports structure, together constituting X% of total exports. It was distantly followed by Paraguay (X tons), generating an X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Paraguay (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest mate supplying countries worldwide were Brazil ($X), Argentina ($X) and Paraguay ($X), with a combined X% share of global exports.

In terms of the main exporting countries, Paraguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average mate export price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

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

Mate Imports

Imports

In 2023, the amount of mate imported worldwide shrank rapidly to X tons, with a decrease of X% against the year before. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of global imports remained at a somewhat lower figure.

In value terms, mate imports fell dramatically to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Global imports peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Uruguay (X tons) and Syrian Arab Republic (X tons) were the main importers of matearound the world, together resulting at approx. X% of total imports. Argentina (X tons) held the next position in the ranking, followed by Chile (X tons). All these countries together took approx. X% share of total imports. The following importers - Spain (X tons), Turkey (X tons), Germany (X tons), the Netherlands (X tons) and Brazil (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest mate importing markets worldwide were Uruguay ($X), Syrian Arab Republic ($X) and Argentina ($X), together accounting for X% of global imports. Chile, Spain, the Netherlands, Germany, Turkey and Brazil lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average mate import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform