ASEAN: Mate Market 2025

Mate Market Size in ASEAN

The ASEAN mate market skyrocketed to $X in 2022, jumping by 59% against the previous year. Over the period under review, consumption, however, recorded a abrupt slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mate Production in ASEAN

In value terms, mate production fell to $X in 2022 estimated in export price. Overall, production faced a abrupt contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by 81%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Myanmar (X tons), Singapore (X tons) and Indonesia (X tons), together accounting for 94% of total production.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +8.6%), while production for the other leaders experienced more modest paces of growth.

Mate Exports

Exports in ASEAN

In 2022, exports of mate in ASEAN dropped markedly to X tons, reducing by -40.6% compared with the previous year. Overall, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 when exports increased by 335%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, mate exports declined markedly to $X in 2022. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 251% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore dominates exports structure, accounting for X tons, which was near 77% of total exports in 2022. It was distantly followed by Thailand (X tons) and Vietnam (X tons), together mixing up a 15% share of total exports. The following exporters - Malaysia (X tons) and Indonesia (X tons) - each resulted at an 8.8% share of total exports.

Exports from Singapore increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Vietnam (+8.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +8.4% from 2012-2022. By contrast, Malaysia (-9.3%), Indonesia (-13.9%) and Thailand (-17.3%) illustrated a downward trend over the same period. While the share of Singapore (+38 p.p.) and Vietnam (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (-2.9 p.p.), Indonesia (-7.8 p.p.) and Thailand (-30.5 p.p.) displayed negative dynamics.

In value terms, Singapore ($X) remains the largest mate supplier in ASEAN, comprising 62% of total exports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total exports. It was followed by Malaysia, with a 13% share.

In Singapore, mate exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (-11.2% per year) and Malaysia (-9.0% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, rising by 13% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 31%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Vietnam ($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 (+7.4%), while the other leaders experienced more modest paces of growth.

Mate Imports

Imports in ASEAN

In 2022, the amount of mate imported in ASEAN expanded slightly to X tons, rising by 2.1% against the previous year's figure. Overall, imports, however, saw a slight setback. The most prominent rate of growth was recorded in 2014 when imports increased by 129%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, mate imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 with an increase of 264%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Brunei Darussalam dominates imports structure, amounting to X tons, which was approx. 79% of total imports in 2022. Singapore (X tons) took the second position in the ranking, followed by Thailand (X tons). All these countries together took approx. 14% share of total imports. The following importers - Malaysia (X tons) and Lao People's Democratic Republic (X tons) - together made up 5.4% of total imports.

Imports into Brunei Darussalam increased at an average annual rate of +2.5% from 2012 to 2022. At the same time, Lao People's Democratic Republic (+48.2%) and Thailand (+14.3%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +48.2% from 2012-2022. By contrast, Singapore (-9.2%) and Malaysia (-15.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brunei Darussalam, Thailand and Lao People's Democratic Republic increased by +27, +4.6 and +1.7 percentage points, respectively.

In value terms, Singapore ($X), Brunei Darussalam ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, with a combined 94% share of total imports. Malaysia and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further 4.1%.

Among the main importing countries, Lao People's Democratic Republic, with a CAGR of +39.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, growing by 55% against the previous year. Overall, the import price saw resilient growth. The most prominent rate of growth was recorded in 2014 when the import price increased by 59% against the previous year. Over the period under review, import prices hit record highs 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 (+19.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform