Eastern Asia: Mate Market 2025

Mate Market Size in Eastern Asia

The East Asian mate market surged to $X in 2022, with an increase of 35% against the previous year. Over the period under review, consumption, however, faced a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mate Production in Eastern Asia

In value terms, mate production shrank rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The growth pace was the most rapid in 2019 when the production volume increased by 348% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Hong Kong SAR (X tons) constituted the country with the largest volume of mate production, accounting for 66% of total volume. Moreover, mate production in Hong Kong SAR exceeded the figures recorded by the second-largest producer, China (X tons), twofold.

In Hong Kong SAR, mate production remained relatively stable over the period from 2012-2022.

Mate Exports

Exports in Eastern Asia

In 2022, approx. X tons of mate were exported in Eastern Asia; shrinking by -48% on the year before. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 84% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, mate exports plummeted to $X in 2022. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hong Kong SAR represented the largest exporting country with an export of about X tons, which amounted to 71% of total exports. China (X tons) took a 20% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (8.6%).

Hong Kong SAR was also the fastest-growing in terms of the mate exports, with a CAGR of +28.2% from 2012 to 2022. Taiwan (Chinese) (-13.7%) and China (-20.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hong Kong SAR increased by +69 percentage points.

In value terms, Hong Kong SAR ($X) remains the largest mate supplier in Eastern Asia, comprising 65% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Hong Kong SAR amounted to +22.8%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (-12.9% per year) and China (-27.9% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, waning by -6.9% against the previous year. In general, the export price continues to indicate a slight decline. The growth pace was the most rapid in 2018 when the export price increased by 74%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.0%), while the other leaders experienced a decline in the export price figures.

Mate Imports

Imports in Eastern Asia

In 2022, overseas purchases of mate were finally on the rise to reach X tons after two years of decline. In general, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 42%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mate imports surged to $X in 2022. Overall, imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 38% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China represented the key importer of mate in Eastern Asia, with the volume of imports finishing at X tons, which was approx. 56% of total imports in 2022. Hong Kong SAR (X tons) held a 16% share (based on physical terms) of total imports, which put it in second place, followed by Japan (15%) and South Korea (9.7%). Taiwan (Chinese) (X tons) took a little share of total imports.

China was also the fastest-growing in terms of the mate imports, with a CAGR of +9.0% from 2012 to 2022. At the same time, Hong Kong SAR (+7.4%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (-13.7%), South Korea (-22.8%) and Japan (-27.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Hong Kong SAR increased by +52 and +14 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Hong Kong SAR ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, with a combined 86% share of total imports.

China, with a CAGR of +11.7%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, with an increase of 18% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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