Chile: Mate Market Overview 2021

Mate Market Size in Chile

The Chilean mate market dropped modestly to $X in 2019, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2012 when the market value increased by X% against the previous year. Mate consumption peaked at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Mate Exports

Exports from Chile

In 2019, approx. X tonnes of mate were exported from Chile; declining by -X% on the previous year's figure. Over the period under review, exports, however, saw resilient growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2018, and then declined dramatically in the following year.

In value terms, mate exports fell rapidly to $X in 2019. Overall, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then declined dramatically in the following year.

Exports by Country

Ecuador (X tonnes) was the main destination for mate exports from Chile, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Ecuador totaled +X%.

In value terms, Ecuador ($X) also remains the key foreign market for mate exports from Chile.

From 2007 to 2019, the average annual growth rate of value to Ecuador amounted to +X%.

Export Prices by Country

In 2019, the average mate export price amounted to $X per tonne, dropping by -X% against the previous year. In general, the export price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2007 to 2019, the rate of growth in terms of prices for Ecuador amounted to -X% per year.

Mate Imports

Imports into Chile

For the third consecutive year, Chile recorded growth in supplies from abroad of mate, which increased by X% to X tonnes in 2019. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, mate imports declined modestly to $X in 2019. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Argentina (X tonnes) constituted the largest supplier of mate to Chile, with a X% share of total imports. Moreover, mate imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), twofold.

From 2007 to 2019, the average annual growth rate of volume from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Paraguay (+X% per year).

In value terms, Argentina ($X) constituted the largest supplier of mate to Chile, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Paraguay (+X% per year).

Import Prices by Country

The average mate import price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2012 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Paraguay ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mate in the world?

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The countries with the highest volumes of mate consumption in 2019 were Brazil (482K tonnes), Argentina (263K tonnes) and Paraguay (125K tonnes), with a combined 91% share of global consumption. Syrian Arab Republic and Uruguay lagged somewhat behind, together accounting for a further 6.5%.

What are the largest producers of mate in the world?

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The countries with the highest volumes of mate production in 2019 were Brazil (518K tonnes), Argentina (302K tonnes) and Paraguay (126K tonnes), together comprising 99% of global production.

What are the leading suppliers of mate to Chile?

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In value terms, Argentina ($8.8M) constituted the largest supplier of mate to Chile, comprising 75% of total imports. The second position in the ranking was occupied by Brazil ($2.6M), with a 22% share of total imports.

What are the leading importers of mate from Chile?

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In value terms, Ecuador ($74K) remains the key foreign market for mate exports from Chile.

What is the average export price for mate in Chile?

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In 2019, the average mate export price amounted to $3,271 per tonne, falling by -21.6% against the previous year.

What is the average import price for mate in Chile?

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In 2019, the average mate import price amounted to $2,214 per tonne, declining by -4.7% against the previous year.