Brazil - Maté - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazil's Export of Mate Reaches Record $9.7M in January 2024
Brazil Mate Exports
Mate exports from Brazil totaled 4.5K tons in January 2024, picking up by 14% on December 2023. The total export volume increased at an average monthly rate of +2.1% over the period from January 2023 to January 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in May 2023 when exports increased by 35% month-to-month. The exports peaked in January 2024.
In value terms, mate exports soared to $9.7M (IndexBox estimates) in January 2024. The total export value increased at an average monthly rate of +2.1% from January 2023 to January 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in May 2023 with an increase of 32% m-o-m. The exports peaked in January 2024.
| COUNTRY | Export Value of Mate in Brazil (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | |
| Uruguay | 6.1 | 4.4 | 6.0 | 4.3 | 5.6 | 5.7 | 5.4 | 6.0 | 4.3 | 5.8 | 5.8 | 4.6 | 6.8 |
| Argentina | 0.6 | 0.4 | 0.6 | 0.8 | 0.8 | 0.7 | 0.9 | 1.0 | 1.4 | 1.8 | 1.6 | 1.6 | 1.1 |
| Syrian Arab Republic | N/A | N/A | N/A | N/A | N/A | 0.4 | N/A | N/A | N/A | 0.4 | N/A | 0.9 | 0.9 |
| Spain | 0.2 | 0.2 | 0.2 | < 0.1 | 0.1 | < 0.1 | 0.2 | < 0.1 | 0.1 | 0.1 | < 0.1 | < 0.1 | 0.3 |
| Germany | 0.2 | 0.3 | 0.1 | 0.2 | 0.2 | < 0.1 | < 0.1 | 0.2 | 0.3 | < 0.1 | 0.1 | 0.5 | 0.2 |
| Chile | 0.2 | 0.2 | 0.1 | 0.2 | 0.3 | 0.1 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | < 0.1 |
| Others | 0.3 | 0.5 | 0.3 | 0.3 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.3 |
| Total | 7.5 | 5.9 | 7.3 | 5.8 | 7.7 | 7.6 | 7.3 | 7.9 | 6.7 | 8.8 | 8.3 | 8.3 | 9.7 |
Exports by Country
Uruguay (3K tons) was the main destination for mate exports from Brazil, with a 68% share of total exports. Moreover, mate exports to Uruguay exceeded the volume sent to the second major destination, Argentina (656 tons), fivefold. The third position in this ranking was held by Syrian Arab Republic (460 tons), with a 10% share.
From January 2023 to January 2024, the average monthly rate of growth in terms of volume to Uruguay was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Argentina (+8.5% per month) and Syrian Arab Republic (+11.1% per month).
In value terms, Uruguay ($6.8M) remains the key foreign market for mate exports from Brazil, comprising 70% of total exports. The second position in the ranking was taken by Argentina ($1.1M), with an 11% share of total exports. It was followed by Syrian Arab Republic, with a 9.3% share.
From January 2023 to January 2024, the average monthly growth rate of value to Uruguay was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Argentina (+4.9% per month) and Syrian Arab Republic (+10.7% per month).
Export Prices by Country
In January 2024, the mate price amounted to $2,168 per ton (FOB, Brazil), surging by 2.7% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 4% month-to-month. As a result, the export price attained the peak level of $2,240 per ton; afterwards, it flattened through to January 2024.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Germany ($3,565 per ton), while the average price for exports to Argentina ($1,643 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the mate market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 671 - Mate
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
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4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
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7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
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8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012-2024
- Imports, In Value Terms, By Country, 2012-2024
- Import Prices, By Country, 2012-2024
- Exports, In Physical Terms, By Country, 2012-2024
- Exports, In Value Terms, By Country, 2012-2024
- Exports Prices, By Country, 2012-2024
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LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country, 2012-2024
- Imports, in Value Terms, by Country, 2012-2024
- Import Prices, by Country, 2012-2024
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country, 2012-2024
- Exports, in Value Terms, by Country, 2012-2024
- Export Prices, by Country, 2012-2024
