From 2024 to 2028, the mate and tea stock in Brazil is forecasted to decrease from 99.7 to 91.3 thousand metric tons. This indicates a year-on-year decline, with a generally steady reduction each year. Compared to 2023, the decline suggests a noticeable contraction in stock over this period. The Compound Annual Growth Rate (CAGR) over these five years stands negative, showcasing a concerning trend for stakeholders.
Future trends to watch for:
- Potential impacts of climate change affecting tea sustainability and yield.
- Consumer preference shifts towards alternative beverages impacting demand.
- Government policies on agriculture and exports influencing stock variations.
