South-Eastern Asia: Mate Market 2024

Mate Market Size in South-Eastern Asia

The Southeast Asian mate market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mate Production in South-Eastern Asia

In value terms, mate production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Myanmar (X tons), Singapore (X tons) and Indonesia (X tons), with a combined X% share of total production.

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

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Mate Exports

Exports in South-Eastern Asia

In 2022, the amount of mate exported in South-Eastern Asia contracted notably to X tons, declining by X% on the previous year's figure. Overall, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mate exports reduced sharply to $X in 2022. Over the period under review, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Singapore prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Thailand (X tons) held the second position in the ranking, followed by Indonesia (X tons). All these countries together took near X% share of total exports. Vietnam (X tons) and Malaysia (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mate exports from Singapore stood at X%. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%), Indonesia (X%) and Thailand (X%) illustrated a downward trend over the same period. Singapore (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Thailand saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest mate supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with an X% share of total exports. It was followed by Malaysia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Indonesia ($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 South-Eastern Asia

After two years of decline, supplies from abroad of mate increased by X% to X tons in 2022. In general, imports saw buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, mate imports soared to $X in 2022. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2016; afterwards, it flattened through to 2022.

Imports by Country

Malaysia (X tons) and Brunei Darussalam (X tons) prevails in imports structure, together making up X% of total imports. Singapore (X tons), Thailand (X tons), Indonesia (X tons) and Lao People's Democratic Republic (X tons) held a minor share of total imports.

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

In value terms, Malaysia ($X) constitutes the largest market for imported mate in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Brunei Darussalam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Malaysia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Brunei Darussalam (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mate import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Brunei Darussalam ($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.

Source: IndexBox Platform

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