Report Update: May 1, 2024

Singapore - Mate - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Mate Price in Singapore - 2022

Mate Price in Singapore (FOB) - 2022

In 2022, the average mate export price amounted to $2,868 per ton, picking up by 2.5% against the previous year. Over the period under review, the export price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 an increase of 16%. The export price peaked at $3,487 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($3,757 per ton) and Australia ($2,858 per ton), while the average price for exports to Taiwan (Chinese) ($2,752 per ton) and Brunei Darussalam ($2,788 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mate Price in Singapore (CIF) - 2022

The average mate import price stood at $28,689 per ton in 2022, rising by 26% against the previous year. Overall, the import price recorded a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 176% against the previous year. As a result, import price attained the peak level of $58,762 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($81,000 per ton), while the price for China ($8,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Mate Exports in Singapore

In 2022, the amount of mate exported from Singapore dropped remarkably to 124 tons, which is down by -48.9% against 2021. In general, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year.

In value terms, mate exports shrank sharply to $355K in 2022. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of $678K, and then fell markedly in the following year.

Export of Mate in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	423	312	280	184	-24.2%
Brunei Darussalam	106	37.0	153	82.6	-8.0%
Australia	63.4	77.0	126	45.6	-10.4%
Taiwan (Chinese)	11.1	23.4	33.6	28.7	37.3%
Malaysia	0.2	N/A	N/A	7.8	239.1%
Lebanon	N/A	N/A	63.8	N/A	0%
Others	8.6	7.5	21.7	7.0	-6.6%
Total	612	456	678	355	-16.6%

Top Export Markets for Mate from Singapore in 2022:

Hong Kong SAR (64.5 tons)
Brunei Darussalam (29.6 tons)
Australia (15.9 tons)
Taiwan (Chinese) (10.4 tons)
Malaysia (2.1 tons)

Mate Imports in Singapore

In 2022, after two years of decline, there was significant growth in overseas purchases of mate, when their volume increased by 34% to 8.3 tons. Over the period under review, imports, however, recorded a significant decline.

In value terms, mate imports skyrocketed to $238K in 2022. Overall, imports, however, recorded a precipitous slump.

Import of Mate in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	44.8	34.2	58.1	108	34.1%
Australia	28.1	2.4	29.0	73.4	37.7%
United States	35.1	65.8	12.8	23.5	-12.5%
Malaysia	38.3	22.5	18.3	12.1	-31.9%
Switzerland	N/A	N/A	N/A	4.2	0%
Thailand	152	252	4.5	2.4	-74.9%
China	75.6	0.3	7.2	1.6	-72.3%
Canada	96.5	33.7	N/A	0.3	-85.4%
Others	35.5	10.8	10.4	12.6	-29.2%
Total	506	422	140	238	-22.2%

Top Suppliers of Mate to Singapore in 2022:

Australia (3707.0 kg)
India (1972.0 kg)
Malaysia (1408.0 kg)
United States (381.0 kg)
Switzerland (303.0 kg)
China (191.0 kg)
Thailand (32.0 kg)
Canada (4.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mate market in Singapore. 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:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023