Argentine yerba mate exports grew 14.5% year-on-year

Published 2024년 7월 1일

Tridge summary

The National Yerba Mate Institute (INYM) has reported a 14.5% increase in international sales of Argentine yerba mate in the first five months of the year, totaling 17,111,700 kilos. Domestic sales, on the other hand, saw a decrease, with a total of 99,378,240 kilos. The report also highlighted a fluctuation in export volumes throughout the years, with a notable decrease in 2021 and a significant recovery in 2022. The smaller formats continue to dominate the market, representing 55.09% of mill outputs to the domestic market in May 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The monthly report prepared by the National Yerba Mate Institute (INYM) reveals that in the first five months of the year, sales of yerba mate abroad grew by 14.5% compared to those made in the same period of 2023. 17,111,700 kilos is the amount exported that results in this level of increase, which contrasts with the 14,944,230 kilos sold abroad in the first five months of last year. This increase in exports reflects the level of sustained demand for Argentine yerba mate in international markets, consolidating its presence and competitiveness. On the other hand, the INYM report indicates that sales to the domestic market totaled 99,378,240 kilos. In this way, total sales of yerba mate during the January-May period of this year reached 116,489,940 kilos. From the institute they also recalled that the movement of yerba mate at the mill exit is the closest indicator to the behavior of yerba mate on shelves, since it includes both the volume that is sent to the distribution centers ...
Source: Infobae

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