Ecuador: Mate Market 2025

Mate Market Size in Ecuador

The Ecuadorian mate market reduced rapidly to $X in 2022, with a decrease of -41.8% against the previous year. Over the period under review, consumption showed a abrupt downturn. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Mate Production in Ecuador

In value terms, mate production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by 11%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average yield of mate in Ecuador was estimated at less than X kg per ha, approximately mirroring the previous year's figure. In general, 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.

In 2022, the total area harvested in terms of mate production in Ecuador amounted to less than X ha, approximately equating 2021 figures. In general, the harvested area saw a relatively flat trend pattern.

Mate Exports

Exports from Ecuador

In 2022, the amount of mate exported from Ecuador surged to X tons, jumping by 36% on the year before. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 121%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, mate exports surged to $X in 2022. In general, exports saw prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by 122%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for mate exports from Ecuador, with a 66% share of total exports. Moreover, mate exports to the United States exceeded the volume sent to the second major destination, France (X tons), tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+56.8% per year) and the Netherlands (+36.6% per year).

In value terms, the United States ($X) remains the key foreign market for mate exports from Ecuador, comprising 65% of total exports. The second position in the ranking was taken by France ($X), with a 5.5% share of total exports. It was followed by Canada, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+43.0% per year) and Canada (+14.8% per year).

Export Prices by Country

The average mate export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 15% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Netherlands ($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 Spain (+16.7%), while the prices for the other major destinations experienced a decline.

Mate Imports

Imports into Ecuador

In 2022, the amount of mate imported into Ecuador contracted sharply to X tons, with a decrease of -20.3% against the previous year. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 117%. Imports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, mate imports dropped to $X in 2022. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2016 with an increase of 68%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Brazil (X tons), Argentina (X tons) and Paraguay (X tons) were the main suppliers of mate imports to Ecuador, with a combined 97% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of +34.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Brazil ($X) and Paraguay ($X) were the largest mate suppliers to Ecuador, with a combined 95% share of total imports.

Brazil, with a CAGR of +23.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mate import price amounted to $X per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Uruguay ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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