| Product Code: ETC12933440 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Barbados continues to see significant import shipments of mate, with top exporters in 2024 being Trinidad and Tobago, Colombia, USA, Turkey, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the compound annual growth rate (CAGR) from 2020-2024 stands at a healthy 7.03%. Despite a slight dip in the growth rate from 2023-2024 to 0.96%, the overall trend suggests a steady demand for mate imports in Barbados.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Mate Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Mate Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Mate Market - Industry Life Cycle |
3.4 Barbados Mate Market - Porter's Five Forces |
3.5 Barbados Mate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Mate Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.7 Barbados Mate Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Barbados Mate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Barbados Mate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing popularity of functional beverages |
4.2.3 Rise in demand for natural and organic products |
4.3 Market Restraints |
4.3.1 High competition from other beverage categories |
4.3.2 Limited availability of raw materials |
4.3.3 Price sensitivity among consumers |
5 Barbados Mate Market Trends |
6 Barbados Mate Market, By Types |
6.1 Barbados Mate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Mate Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Barbados Mate Market Revenues & Volume, By Traditional, 2021 - 2031F |
6.1.4 Barbados Mate Market Revenues & Volume, By Flavored, 2021 - 2031F |
6.1.5 Barbados Mate Market Revenues & Volume, By Instant, 2021 - 2031F |
6.2 Barbados Mate Market, By Processing Type |
6.2.1 Overview and Analysis |
6.2.2 Barbados Mate Market Revenues & Volume, By Loose Leaf, 2021 - 2031F |
6.2.3 Barbados Mate Market Revenues & Volume, By Powdered, 2021 - 2031F |
6.2.4 Barbados Mate Market Revenues & Volume, By Extract-Based, 2021 - 2031F |
6.3 Barbados Mate Market, By Packaging Type |
6.3.1 Overview and Analysis |
6.3.2 Barbados Mate Market Revenues & Volume, By Boxes & Bags, 2021 - 2031F |
6.3.3 Barbados Mate Market Revenues & Volume, By Tins & Jars, 2021 - 2031F |
6.3.4 Barbados Mate Market Revenues & Volume, By Sachets, 2021 - 2031F |
6.4 Barbados Mate Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Barbados Mate Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.3 Barbados Mate Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Barbados Mate Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
7 Barbados Mate Market Import-Export Trade Statistics |
7.1 Barbados Mate Market Export to Major Countries |
7.2 Barbados Mate Market Imports from Major Countries |
8 Barbados Mate Market Key Performance Indicators |
8.1 Number of new product launches in the Barbados mate market |
8.2 Percentage of consumers willing to pay a premium for mate products |
8.3 Growth in distribution channels offering mate products |
9 Barbados Mate Market - Opportunity Assessment |
9.1 Barbados Mate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Mate Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
9.3 Barbados Mate Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.4 Barbados Mate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Barbados Mate Market - Competitive Landscape |
10.1 Barbados Mate Market Revenue Share, By Companies, 2024 |
10.2 Barbados Mate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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