Australia and Oceania: Mate Market 2024

Mate Market Size in Australia and Oceania

After three years of growth, the mate market in Australia and Oceania decreased by -14.6% to $X in 2022. Over the period under review, consumption, however, recorded a prominent increase. Over the period under review, the market reached the peak level at $X in 2021, and then contracted in the following year.

Mate Production in Australia and Oceania

In value terms, mate production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Fiji (X tons) remains the largest mate producing country in Australia and Oceania, accounting for 71% of total volume. Moreover, mate production in Fiji exceeded the figures recorded by the second-largest producer, Papua New Guinea (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Fiji was relatively modest.

Mate Exports

Exports in Australia and Oceania

In 2022, the amount of mate exported in Australia and Oceania soared to X tons, picking up by 1,875% on the previous year's figure. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mate exports surged to $X in 2022. In general, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) and New Zealand (X tons) dominates exports structure, together achieving 98% of total exports. Papua New Guinea (X kg) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by New Zealand (with a CAGR of +25.1%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Australia ($X) remains the largest mate supplier in Australia and Oceania, comprising 77% of total exports. The second position in the ranking was held by New Zealand ($X), with a 22% share of total exports.

In Australia, mate exports expanded at an average annual rate of +9.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+20.6% per year) and Papua New Guinea (+15.9% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by 4.2% against the previous year. In general, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 259% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+14.9%), while the other leaders experienced mixed trends in the export price figures.

Mate Imports

Imports in Australia and Oceania

In 2022, purchases abroad of mate decreased by -24.5% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a noticeable increase. The growth pace was the most rapid in 2013 with an increase of 91%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, mate imports fell to $X in 2022. Over the period under review, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Australia represented the largest importing country with an import of about X tons, which reached 68% of total imports. It was distantly followed by New Zealand (X tons), achieving a 27% share of total imports. Palau (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of +4.2% from 2012 to 2022. At the same time, New Zealand (+10.5%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +10.5% from 2012-2022. By contrast, Palau (-8.0%) illustrated a downward trend over the same period. New Zealand (+13 p.p.) and Australia (+7.1 p.p.) significantly strengthened its position in terms of the total imports, while Palau saw its share reduced by -7.5% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported mate in Australia and Oceania, comprising 67% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 27% share of total imports.

In Australia, mate imports increased at an average annual rate of +8.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+8.6% per year) and Palau (-5.5% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, jumping by 26% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2014 when the import price increased by 55% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Palau ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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