U.S.: Mate Market Overview 2021

Mate Market Size in the U.S.

The U.S. mate market surged to $X in 2019, picking up 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). Overall, consumption enjoyed strong growth. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in the near future.

Mate Exports

Exports from the U.S.

Mate exports from the U.S. dropped to X tonnes in 2019, which is down by -X% on the previous year. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, mate exports contracted to $X in 2019. Overall, exports recorded a slight setback. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2017 to 2019, the growth exports remained at a lower figure.

Exports by Country

Canada (X tonnes) was the main destination for mate exports from the U.S., with a X% share of total exports. It was followed by Chile (X tonnes), with a X% share of total exports.

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

In value terms, Canada ($X) remains the key foreign market for mate exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Canada totaled +X%.

Export Prices by Country

In 2019, the average mate export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the export price recorded a strong increase. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2019, the country with the highest price was Canada ($X per tonne), while the average price for exports to Chile stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Mate Imports

Imports into the U.S.

After two years of decline, purchases abroad of mate increased by X% to X tonnes in 2019. Overall, total imports indicated a perceptible increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2011 to 2019, the growth imports failed to regain the momentum.

In value terms, mate imports soared to $X in 2019. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

Imports by Country

Argentina (X tonnes), Brazil (X tonnes) and Ecuador (X tonnes) were the main suppliers of mate imports to the U.S., together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in Ecuador (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mate suppliers to the U.S. were Argentina ($X), Brazil ($X) and Ecuador ($X), together accounting for X% of total imports.

Ecuador (+X% per year) saw the highest rates of growth with regard to the value of imports, among 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 2019, the average mate import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2011 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 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Ecuador ($X per tonne), while the price for Argentina ($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), with a combined 99% share of global production.

What are the leading suppliers of mate to the U.S.?

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In value terms, Argentina ($3.2M), Brazil ($2.9M) and Ecuador ($1.3M) constituted the largest mate suppliers to the U.S., with a combined 91% share of total imports.

What are the leading importers of mate from the U.S.?

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In value terms, Canada ($513K) remains the key foreign market for mate exports from the U.S., comprising 85% of total exports. The second position in the ranking was occupied by Chile ($6.9K), with a 1.1% share of total exports.

What is the average export price for mate in the U.S.?

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The average mate export price stood at $7,299 per tonne in 2019, with an increase of 8.9% against the previous year.

What is the average import price for mate in the U.S.?

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The average mate import price stood at $4,183 per tonne in 2019, falling by -5.5% against the previous year.