Asia-Pacific: Mate Market 2024

Mate Market Size in Asia-Pacific

The Asia-Pacific mate market surged to $X in 2022, jumping by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Mate Production in Asia-Pacific

In value terms, mate production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Afghanistan (X tons) remains the largest mate producing country in Asia-Pacific, accounting for X% of total volume. Moreover, mate production in Afghanistan exceeded the figures recorded by the second-largest producer, Myanmar (X tons), more than tenfold. Singapore (X tons) ranked third in terms of total production with a X% share.

In Afghanistan, mate production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Myanmar (X% per year) and Singapore (X% per year).

Mate Exports

Exports in Asia-Pacific

In 2022, the amount of mate exported in Asia-Pacific shrank notably to X tons, reducing by X% compared with 2021. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, mate exports plummeted to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan was the key exporter of mate in Asia-Pacific, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. Singapore (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (X%). Thailand (X tons), Australia (X tons) and New Zealand (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mate exports from Afghanistan stood at X%. At the same time, New Zealand (X%), Hong Kong SAR (X%), Australia (X%) and Singapore (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Hong Kong SAR (X p.p.), New Zealand (X p.p.) and Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Afghanistan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Afghanistan ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Australia, Thailand and New Zealand lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, New Zealand, 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Mate Imports

Imports in Asia-Pacific

In 2022, approx. X tons of mate were imported in Asia-Pacific; waning by X% on the previous year. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mate imports contracted modestly to $X in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the four major importers of mate, namely China, Australia, Malaysia and Brunei Darussalam, represented more than two-thirds of total import. It was distantly followed by New Zealand (X tons) and Japan (X tons), together making up a X% share of total imports. Bhutan (X tons), South Korea (X tons), Hong Kong SAR (X tons) and Bangladesh (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bhutan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Hong Kong SAR, Brunei Darussalam, Japan, New Zealand, South Korea, Bhutan and Bangladesh lagged somewhat behind, together accounting for a further X%.

Bhutan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 Asia-Pacific stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price showed a mild expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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