Report Update Feb 1, 2025

Sri Lanka - Maté - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Mate Market 2025

Mate Market Size in Sri Lanka

In 2022, the Sri Lankan mate market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, faced a deep setback. Mate consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Mate Production in Sri Lanka

In value terms, mate production declined to $X in 2022 estimated in export price. In general, production, however, saw a pronounced contraction. The growth pace was the most rapid in 2018 with an increase of 20%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of mate in Sri Lanka totaled less than X kg per ha in 2022, standing approx. at the previous year. 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.

In 2022, the harvested area of mate in Sri Lanka totaled less than X ha, approximately reflecting 2021. In general, the harvested area recorded a relatively flat trend pattern.

Mate Exports

Exports from Sri Lanka

In 2022, overseas shipments of mate decreased by -21.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 389% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank rapidly in the following year.

In value terms, mate exports reduced to $X in 2022. Overall, exports, however, enjoyed temperate growth. The pace of growth was the most pronounced in 2018 when exports increased by 1,179%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X tons) was the main destination for mate exports from Sri Lanka, accounting for a 53% share of total exports. Moreover, mate exports to Chile exceeded the volume sent to the second major destination, Poland (X kg), threefold. The third position in this ranking was held by Bahrain (X kg), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (0.0% per year) and Bahrain (+65.7% per year).

In value terms, Poland ($X) emerged as the key foreign market for mate exports from Sri Lanka, comprising 39% of total exports. The second position in the ranking was held by Chile ($X), with a 13% share of total exports. It was followed by Bahrain, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+26.4% per year) and Bahrain (+27.1% per year).

Export Prices by Country

The average mate export price stood at $X per ton in 2022, surging by 13% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 162% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Chile ($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 Chile (+34.4%), while the prices for the other major destinations experienced mixed trend patterns.

Mate Imports

Imports into Sri Lanka

In 2022, approx. X kg of mate were imported into Sri Lanka; waning by -99.9% on 2021. Overall, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2018 with an increase of 478%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, mate imports reduced notably to $X in 2022. In general, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2018 when imports increased by 932% against the previous year. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, Australia (X kg) was the main supplier of mate to Sri Lanka, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Australia was relatively modest.

In value terms, Australia ($X) constituted the largest supplier of mate to Sri Lanka.

From 2012 to 2022, the average annual growth rate of value from Australia was relatively modest.

Import Prices by Country

The average mate import price stood at $X per ton in 2022, falling by -43.3% against the previous year. Over the period under review, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 91%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then reduced sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +20.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mate in the world?

The countries with the highest volumes of mate consumption in 2021 were Argentina, Brazil and Paraguay, together comprising 95% of global consumption.

What are the largest producers of mate in the world?

The countries with the highest volumes of mate production in 2021 were Argentina, Brazil and Paraguay, together comprising 100% of global production.

What are the leading suppliers of mate to Sri Lanka?

In value terms, Germany constituted the largest supplier of mate to Sri Lanka, comprising 93% of total imports. The second position in the ranking was occupied by India $111), with a 6.9% share of total imports.

What are the leading importers of mate from Sri Lanka?

In value terms, Germany remains the key foreign market for mate exports from Sri Lanka, comprising 20% of total exports. The second position in the ranking was occupied by Norway, with a 9.4% share of total exports. It was followed by Kuwait, with an 8.7% share.

What is the average export price for mate in Sri Lanka?

The average mate export price stood at $6,963 per ton in 2021, picking up by 31% against the previous year.

What is the average import price for mate in Sri Lanka?

The average mate import price stood at $7,124 per ton in 2021, dropping by -4.8% against the previous year.

This report provides an in-depth analysis of the mate market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 671 - Mate

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024