Forecast: Mate and Tea Market Size Volume in Saudi Arabia

The Mate and Tea market size volume in Saudi Arabia stood at 39 thousand metric tons in 2023. Starting in 2014, the market saw gradual growth from 35 thousand metric tons to a peak value of 39 thousand metric tons by 2023, supported by a steady CAGR of 0.52% over the last five years. The market experienced a notable dip in 2020 with a significant -17% decrease, falling to 31.54 thousand metric tons, largely related to disruptions likely caused by the global pandemic. However, the market quickly rebounded, registering a 20.48% increase in 2021.

Looking at longer-term trends, the overall year-on-year variations reflect a somewhat stable market with occasional fluctuations but generally demonstrating a positive growth pattern. This stability reinforces the resilience of the Mate and Tea market in Saudi Arabia.

Future trends to watch for include potential influences from health and wellness trends driving demand for tea variants, possible impacts of economic diversification in Saudi Arabia, and evolving consumer preferences towards organic and specialty teas which could further influence market dynamics.

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