MENA: Mate Market 2024

Mate Market Size in MENA

In 2022, the MENA's mate market increased by 65% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a mild shrinkage. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Mate Production in MENA

In value terms, mate production expanded significantly to $X in 2022 estimated in export price. In general, production posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 80% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Israel (X tons) remains the largest mate producing country in MENA, comprising approx. 59% of total volume. Moreover, mate production in Israel exceeded the figures recorded by the second-largest producer, the United Arab Emirates (X tons), threefold. Morocco (X tons) ranked third in terms of total production with a 15% share.

In Israel, mate production increased at an average annual rate of +269.3% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United Arab Emirates (+1.0% per year) and Morocco (+7.6% per year).

Mate Exports

Exports in MENA

In 2022, the amount of mate exported in MENA expanded remarkably to X tons, increasing by 14% against the previous year's figure. In general, exports saw a significant increase. The growth pace was the most rapid in 2016 when exports increased by 223%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, mate exports expanded notably to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 190% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Syrian Arab Republic prevails in exports structure, accounting for X tons, which was approx. 94% of total exports in 2022. Lebanon (X tons) held a minor share of total exports.

Syrian Arab Republic was also the fastest-growing in terms of the mate exports, with a CAGR of +69.6% from 2012 to 2022. At the same time, Lebanon (+25.9%) displayed positive paces of growth. Syrian Arab Republic (+87 p.p.) significantly strengthened its position in terms of the total exports, while Lebanon saw its share reduced by -1.8% from 2012 to 2022, respectively.

In value terms, Syrian Arab Republic ($X) remains the largest mate supplier in MENA, comprising 88% of total exports. The second position in the ranking was held by Lebanon ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Syrian Arab Republic amounted to +69.1%.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, reducing by -6.2% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mate export price increased by +24.2% against 2015 indices. The pace of growth appeared the most rapid in 2015 when the export price increased by 48%. The level of export peaked at $X per ton in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($X per ton), while Lebanon stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+3.7%).

Mate Imports

Imports in MENA

In 2022, the amount of mate imported in MENA soared to X tons, rising by 67% on 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, mate imports soared to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Syrian Arab Republic prevails in imports structure, reaching X tons, which was approx. 92% of total imports in 2022. The following importers - Turkey (X tons) and Lebanon (X tons) - together made up 5.7% of total imports.

Syrian Arab Republic experienced a relatively flat trend pattern with regard to volume of imports of mate. At the same time, Turkey (+22.1%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in MENA, with a CAGR of +22.1% from 2012-2022. By contrast, Lebanon (-9.5%) illustrated a downward trend over the same period. While the share of Turkey (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Lebanon (-3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Syrian Arab Republic ($X) constitutes the largest market for imported mate in MENA, comprising 89% of total imports. The second position in the ranking was taken by Turkey ($X), with a 5% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Syrian Arab Republic was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+26.1% per year) and Lebanon (-9.8% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, reducing by -5.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 22%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform