Morocco: Mate Market 2024

Mate Market Size in Morocco

In 2022, the Moroccan mate market increased by 66% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Mate Production in Morocco

In value terms, mate production stood at less than $X in 2022 estimated in export price. Overall, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 17%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

In 2022, the average mate yield in Morocco amounted to less than X kg per ha, approximately mirroring 2021. Over the period under review, 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 Morocco stood at less than X ha in 2022, leveling off at 2021. In general, the harvested area continues to indicate a relatively flat trend pattern.

Mate Exports

Exports from Morocco

In 2022, the amount of mate exported from Morocco declined modestly to X tons, with a decrease of -3.6% against 2021 figures. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,850%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, mate exports dropped to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 4,128% against the previous year. 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

France (X tons), Canada (X tons) and the United States (X kg) were the main destinations of mate exports from Morocco, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +82.2%), while the other leaders experienced mixed trend patterns.

In value terms, Canada ($X) remains the key foreign market for mate exports from Morocco, comprising 89% of total exports. The second position in the ranking was held by France ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+39.1% per year) and the United States (-63.8% per year).

Export Prices by Country

The average mate export price stood at $X per ton in 2022, declining by -4.9% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 117% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($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 Canada (-5.6%), while the prices for the other major destinations experienced a decline.

Mate Imports

Imports into Morocco

In 2022, the amount of mate imported into Morocco contracted notably to X tons, dropping by -72.3% on the year before. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 3,373% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, mate imports contracted notably to $X in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2015 with an increase of 3,224% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), Argentina (X tons) and Germany (X tons) were the main suppliers of mate imports to Morocco, together comprising 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +121.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mate suppliers to Morocco were Germany ($X), Brazil ($X) and Argentina ($X), with a combined 98% share of total imports.

Among the main suppliers, Argentina, with a CAGR of +135.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mate import price stood at $X per ton in 2022, increasing by 40% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Brazil ($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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :