Latvia: Mate Market 2025

Mate Market Size in Latvia

The Latvian mate market reduced markedly to $X in 2022, which is down by -70.8% against the previous year. In general, consumption recorded a abrupt curtailment. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Mate Production in Latvia

In value terms, mate production fell dramatically to $X in 2022 estimated in export price. Over the period under review, production showed a dramatic decline. The pace of growth was the most pronounced in 2018 when the production volume decreased by -23.6% against the previous year. Mate production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of mate in Latvia stood at less than X kg per ha, remaining relatively unchanged against 2021. Overall, the yield saw 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 Latvia was estimated at less than X ha in 2022, therefore, remained relatively stable against the previous year. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Mate Exports

Exports from Latvia

In 2022, shipments abroad of mate increased by 299% to X kg for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 13,923%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, mate exports skyrocketed to $X in 2022. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 12,466%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Romania (X kg) was the main destination for mate exports from Latvia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Romania totaled +50.9%.

In value terms, Romania ($X) also remains the key foreign market for mate exports from Latvia.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania stood at +20.4%.

Export Prices by Country

The average mate export price stood at $X per ton in 2022, waning by -26.6% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +43.6% per year.

Mate Imports

Imports into Latvia

In 2022, overseas purchases of mate increased by 3.9% to X kg, rising for the fourth year in a row after six years of decline. Over the period under review, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 73% against the previous year. Imports peaked at X kg in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mate imports rose rapidly to $X in 2022. In general, imports, however, faced a drastic downturn. The pace of growth was the most pronounced in 2019 when imports increased by 65% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X kg) constituted the largest supplier of mate to Latvia, accounting for a 89% share of total imports. Moreover, mate imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +126.0%.

In value terms, Poland ($X) constituted the largest supplier of mate to Latvia, comprising 88% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to +99.8%.

Import Prices by Country

In 2022, the average mate import price amounted to $X per ton, growing by 9.4% against the previous year. Overall, the import price, however, showed a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by 66% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform