MERCOSUR: Mate Market 2025

Mate Market Size in MERCOSUR

The MERCOSUR mate market dropped to $X in 2022, declining by -3.2% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Mate Production in MERCOSUR

In value terms, mate production reduced modestly to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 41% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Argentina (X tons), Brazil (X tons) and Paraguay (X tons), with a combined 99.9% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Argentina (with a CAGR of +12.7%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of mate in MERCOSUR reduced slightly to X tons per ha, remaining constant against the year before. The yield indicated a prominent increase from 2012 to 2022: its figure increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mate yield increased by +1.1% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 64%. As a result, the yield reached the peak level of X tons per ha. From 2017 to 2022, the growth of the mate yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of mate were harvested in MERCOSUR; almost unchanged from the year before. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 3.5% against the previous year. Over the period under review, the harvested area dedicated to mate production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Mate Exports

Exports in MERCOSUR

In 2022, the amount of mate exported in MERCOSUR expanded notably to X tons, increasing by 12% on 2021. Total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mate exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 32%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) and Argentina (X tons) dominates exports structure, together generating 90% of total exports. It was distantly followed by Paraguay (X tons), making up a 9.5% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of +27.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest mate supplying countries in MERCOSUR were Brazil ($X), Argentina ($X) and Paraguay ($X), together accounting for 98% of total exports.

In terms of the main exporting countries, Paraguay, with a CAGR of +23.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, with an increase of 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 27%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Paraguay ($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 (+0.7%), while the other leaders experienced mixed trends in the export price figures.

Mate Imports

Imports in MERCOSUR

In 2022, overseas purchases of mate decreased by -13.1% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, showed a tangible increase. The pace of growth appeared the most rapid in 2020 with an increase of 78%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, mate imports fell to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.1% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Uruguay represented the main importing country with an import of about X tons, which accounted for 55% of total imports. Argentina (X tons) ranks second in terms of the total imports with a 35% share, followed by Chile (8.5%).

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +61.4%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Uruguay ($X) constitutes the largest market for imported mate in MERCOSUR, comprising 59% of total imports. The second position in the ranking was held by Argentina ($X), with a 29% share of total imports.

In Uruguay, mate imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+55.0% per year) and Chile (-2.7% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, increasing by 11% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 33%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+1.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform