In 2023, Brazil's mate and tea import volume stood higher than in subsequent forecasted years. Starting at 900 metric tons in 2024, a consistent decline is predicted through 2028, reaching 650 metric tons. Year-on-year declines average around 6.3%, indicating a decreasing interest or possible self-sufficiency in production. Over a five-year span, the compound annual growth rate (CAGR) is projected as negative, emphasizing a downward trend.
Future trends to watch for include:
- Changes in domestic production capabilities.
- Shifts in consumer preferences affecting demand.
- Trade policy adjustments influencing import costs and supply chains.
