The mate yield forecast for Brazil suggests a very slight decline over the next few years. In 2023, the yield stood at 77.67 thousand hectograms per hectare. The forecast indicates a decrease from 77.65 in 2024 to 77.55 in 2028, reflecting an approximate year-on-year decrease of around 0.02%. The compound annual growth rate (CAGR) over the 5-year period is negative but negligible, pointing towards a relatively stable yield.
Future trends to watch for include:
- Impact of climate change on mate cultivation conditions.
- Technological advancements in agriculture that could enhance yield efficiency.
- Potential changes in regulatory policies affecting agricultural practices in Brazil.
- Global demand shifts that could influence production priorities.