Chile: Mate Market 2025

Mate Market Size in Chile

After two years of growth, the Chilean mate market decreased by -23.7% to $X in 2022. Overall, consumption continues to indicate a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Mate Exports

Exports from Chile

In 2022, shipments abroad of mate was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 754% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, mate exports rose notably to $X in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 651%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons), the United States (X tons) and Paraguay (X kg) were the main destinations of mate exports from Chile, with a combined 56% share of total exports. The Dominican Republic, Aruba and Panama lagged somewhat behind, together comprising a further 5.2%.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +63.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mate exported from Chile were Ecuador ($X), the United States ($X) and Paraguay ($X), together comprising 55% of total exports.

Ecuador, with a CAGR of +67.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mate export price stood at $X per ton in 2022, reducing by -25.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 209%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mate Imports

Imports into Chile

In 2022, supplies from abroad of mate decreased by -26.7% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, mate imports fell notably to $X in 2022. Over the period under review, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of 33%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of mate to Chile, with a 70% share of total imports. Moreover, mate imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Argentina amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-6.8% per year) and Paraguay (+14.6% per year).

In value terms, Argentina ($X) constituted the largest supplier of mate to Chile, comprising 76% of total imports. The second position in the ranking was taken by Brazil ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-5.9% per year) and Paraguay (+12.1% per year).

Import Prices by Country

In 2022, the average mate import price amounted to $X per ton, rising by 5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 an increase of 30%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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