U.S.: Mate Market 2022

Mate Market Size in the U.S.

The U.S. mate market reduced rapidly to $X in 2021, with a decrease of -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). Overall, consumption showed a abrupt setback. Mate consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Mate Exports

Exports from the U.S.

In 2021, approx. X tonnes of mate were exported from the United States; increasing by X% compared with the year before. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, mate exports soared to $X in 2021. Over the period under review, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2021.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +X%.

In value terms, Canada ($X) also remains the key foreign market for mate exports from the United States.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +X%.

Export Prices by Country

The average mate export price stood at $X per tonne in 2021, approximately mirroring the previous year. In general, the export price, however, showed a deep reduction. The growth pace was the most rapid in 2015 an increase of X% year-to-year. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -X% per year.

Mate Imports

Imports into the U.S.

In 2021, mate imports into the United States dropped rapidly to X tonnes, shrinking by -X% compared with the previous year's figure. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2020 to 2021, the growth imports remained at a lower figure.

In value terms, mate imports fell sharply to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2014 to 2021, the growth imports failed to regain momentum.

Imports by Country

Argentina (X tonnes), Brazil (X tonnes) and Ecuador (X tonnes) were the main suppliers of mate imports to the United States, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ecuador (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Brazil ($X) and Ecuador ($X) were the largest mate suppliers to the United States, with a combined X% share of total imports.

Ecuador, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mate import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ecuador ($X per tonne), while the price for Paraguay ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uruguay (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform