Croatia: Mate Market 2024

Mate Market Size in Croatia

The Croatian mate market surged to $X in 2022, with an increase of 123% against the previous year. Overall, consumption recorded buoyant growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Mate Production in Croatia

In value terms, mate production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

The average yield of mate in Croatia was estimated at less than X kg per ha in 2022, therefore, remained relatively stable against the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The mate harvested area in Croatia amounted to less than X ha in 2022, remaining stable against the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern.

Mate Exports

Exports from Croatia

In 2022, exports of mate from Croatia skyrocketed to X kg, increasing by 778% on the previous year. In general, exports, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2016 when exports increased by 13,738%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, mate exports skyrocketed to $X in 2022. Overall, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 7,160% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Montenegro (X kg) was the main destination for mate exports from Croatia, accounting for a 81% share of total exports. Moreover, mate exports to Montenegro exceeded the volume sent to the second major destination, Slovenia (X kg), fivefold.

From 2013 to 2022, the average annual growth rate of volume to Montenegro totaled +54.8%.

In value terms, Montenegro ($X) remains the key foreign market for mate exports from Croatia, comprising 75% of total exports. The second position in the ranking was held by Slovenia ($X), with a 23% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Montenegro totaled +34.2%.

Export Prices by Country

The average mate export price stood at $X per ton in 2022, which is down by -9.9% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Montenegro stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Mate Imports

Imports into Croatia

In 2022, supplies from abroad of mate increased by 656% to X tons, rising for the third year in a row after four years of decline. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mate imports surged to $X in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest mate supplier to Croatia, accounting for a 61% share of total imports. Moreover, mate imports from India exceeded the figures recorded by the second-largest supplier, Spain (X kg), sixfold. The Czech Republic (X kg) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +80.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+4,500.0% per year) and the Czech Republic (+121.8% per year).

In value terms, the largest mate suppliers to Croatia were India ($X), Portugal ($X) and Spain ($X), together accounting for 77% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +3,313.3%, saw 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 average mate import price stood at $X per ton in 2022, declining by -22.3% against the previous year. Over the period under review, the import price, however, continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 66% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+55.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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