In 2023, the mate and tea export volume from the US stood at 39.1 thousand metric tons. Projections indicate a decremental trend from 2024 to 2028, with a forecasted volume reduction to 37.84 thousand metric tons by 2028. The year-on-year decline rates from 2024 onward reflect a consistent, albeit slight, decrease with an average annual growth rate of -0.4% across the forecast period.
Future trends to watch for:
- Global demand shifts for alternative tea varieties and health-driven beverages.
- Potential trade policy changes impacting export dynamics.
- Innovations in mate and tea product offerings that appeal to evolving consumer preferences.