India: Mate Market 2025

Mate Market Size in India

In 2022, the Indian mate market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption saw a prominent increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Mate Production in India

In value terms, mate production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 36% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of mate in India amounted to less than X kg per ha in 2022, standing approx. at the previous year's figure. Overall, the yield showed 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 India totaled less than X ha, stabilizing at 2021. In general, the harvested area recorded a relatively flat trend pattern.

Mate Exports

Exports from India

In 2022, the amount of mate exported from India soared to X tons, picking up by 31% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 474%. Over the period under review, the exports hit record highs at X tons in 2012; afterwards, it flattened through to 2022.

In value terms, mate exports declined remarkably to $X in 2022. Over the period under review, exports enjoyed a perceptible expansion. The growth pace was the most rapid in 2016 with an increase of 415% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Bangladesh (X tons) was the main destination for mate exports from India, accounting for a 61% share of total exports. Moreover, mate exports to Bangladesh exceeded the volume sent to the second major destination, New Zealand (X kg), sixfold. The third position in this ranking was taken by Uganda (X kg), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh stood at +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+32.8% per year) and Uganda (+77.2% per year).

In value terms, the United States ($X), Bangladesh ($X) and Uganda ($X) constituted the largest markets for mate exported from India worldwide, together comprising 55% of total exports. Trinidad and Tobago, New Zealand, South Africa and the United Arab Emirates lagged somewhat behind, together comprising a further 34%.

Trinidad and Tobago, with a CAGR of +712.8%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average mate export price amounted to $X per ton, shrinking by -56.4% against the previous year. Overall, the export price, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2020 an increase of 150% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined notably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bangladesh ($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 Trinidad and Tobago (+128.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mate Imports

Imports into India

After two years of decline, overseas purchases of mate increased by 79% to X tons in 2022. In general, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2019 when imports increased by 8,154%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, mate imports skyrocketed to $X in 2022. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 6,900%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Ecuador (X tons) was the main mate supplier to India, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ecuador totaled -67.7%.

In value terms, Ecuador ($X) constituted the largest supplier of mate to India.

From 2012 to 2022, the average annual rate of growth in terms of value from Ecuador totaled -63.7%.

Import Prices by Country

In 2022, the average mate import price amounted to $X per ton, rising by 86% against the previous year. Overall, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 107% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +12.5% per year.

Source: IndexBox Platform

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