U.S.: Mate Market Overview 2021

Mate Market Size in the U.S.

The U.S. mate market reduced dramatically to $X in 2020, falling 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 posted pronounced growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Mate Exports

Exports from the U.S.

In 2020, after four years of growth, there was decline in shipments abroad of mate, when their volume decreased by -X% to X tonnes. Overall, exports, however, posted a resilient increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2019, and then dropped slightly in the following year.

In value terms, mate exports dropped rapidly to $X in 2020. Over the period under review, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2019 to 2020, 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., accounting for a X% share of total exports. Moreover, mate exports to Canada exceeded the volume sent to the second major destination, China (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Canada amounted to +X%.

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

From 2007 to 2020, the average annual growth rate of value to Canada totaled +X%.

Export Prices by Country

In 2020, the average mate export price amounted to $X per tonne, falling by -X% against the previous year. In general, the export price showed a slight shrinkage. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to China stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Mate Imports

Imports into the U.S.

In 2020, approx. X tonnes of mate were imported into the U.S.; which is down by -X% compared with the previous year's figure. Overall, imports, however, showed modest growth. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. from 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, mate imports declined to $X in 2020. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019, and then declined in the following year.

Imports by Country

In 2020, Argentina (X tonnes) constituted the largest supplier of mate to the U.S., accounting for a X% share of total imports. Moreover, mate imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), threefold. Ecuador (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Ecuador (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Argentina stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Ecuador (+X% per year).

Import Prices by Country

The average mate import price stood at $X per tonne in 2020, remaining constant against the previous year. Over the period under review, the import price showed resilient growth. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2020, 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 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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 2020 were Brazil (476K tonnes), Argentina (293K tonnes) and Paraguay (126K tonnes), with a combined 91% share of global consumption. Uruguay and Syrian Arab Republic lagged somewhat behind, together accounting for a further 6.4%.

What are the largest producers of mate in the world?

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The countries with the highest volumes of mate production in 2020 were Brazil (525K tonnes), Argentina (303K tonnes) and Paraguay (130K tonnes), together comprising 99% of global production.

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

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In value terms, Argentina ($3.6M) constituted the largest supplier of mate to the U.S., comprising 52% of total imports. The second position in the ranking was occupied by Brazil ($1.7M), with a 25% share of total imports. It was followed by Ecuador, with a 11% share.

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

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In value terms, Canada ($1.4M) remains the key foreign market for mate exports from the U.S., comprising 88% of total exports. The second position in the ranking was occupied by China ($71K), with a 4.5% 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 $2,564 per tonne in 2020, which is down by -11.3% against the previous year.

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

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In 2020, the average mate import price amounted to $4,225 per tonne, flattening at the previous year.

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