U.S. - Mate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Mate Import Surges 23% to 169 Tons in November 2022
U.S. Mate Imports
In November 2022, imports of mate into the United States soared to 169 tons, rising by 23% against the previous month's figure. In general, imports, however, showed a slight decrease. The pace of growth appeared the most rapid in March 2022 when imports increased by 164% month-to-month. Imports peaked at 244 tons in August 2022; afterwards, it flattened through to November 2022.
In value terms, mate imports soared to $863K (IndexBox estimates) in November 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 when imports increased by 198% m-o-m. Over the period under review, imports attained the maximum at 1K tons in August 2022; however, from September 2022 to November 2022, imports stood at a somewhat lower figure.
Imports by Country
Brazil (92 tons), Argentina (47 tons) and Uruguay (19 tons) were the main suppliers of mate imports to the United States, together comprising 93% of total imports.
From January 2022 to November 2022, the biggest increases were in Uruguay (with a CAGR of +7.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Brazil ($503K) constituted the largest supplier of mate to the United States, comprising 58% of total imports. The second position in the ranking was held by Argentina ($165K), with a 19% share of total imports. It was followed by Uruguay, with a 9.3% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of value from Brazil amounted to -2.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Argentina (+3.7% per month) and Uruguay (+7.0% per month).
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Import Prices by Country
In November 2022, the mate price stood at $5.0 per kg (CIF, US), increasing by 13% against the previous month. Over the last ten months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 17% month-to-month. The import price peaked in November 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($11.1 per kg), while the price for Argentina ($3.5 per kg) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Factors Affecting Mate Prices
Mate prices in the United States have been on the rise in recent years, due to a number of factors. The first is that demand for mate has increased as more people have become aware of its health benefits. This has led to an increase in imports of mate from South America, where the majority of mate is produced. In addition, the cost of shipping mate to the United States has risen, due to increases in fuel prices and other costs associated with transportation.
The second factor that has contributed to rising mate prices is a decline in production in South America. This is due to a number of factors, including droughts and crop diseases. As a result, there has been a decrease in the supply of mate, leading to higher prices.
Finally, the third factor that has led to increased mate prices is the strengthening of the US dollar. This has made imported products, like mate, more expensive for American consumers.
This report provides an in-depth analysis of the mate market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
