Vietnam - Mattresses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMattress Price in Vietnam - 2022
Contents:
- Mattress Price in Vietnam (FOB) - 2022
- Mattress Price in Vietnam (CIF) - 2022
- Mattress Exports in Vietnam
- Mattress Imports in Vietnam
Mattress Price in Vietnam (FOB) - 2022
The average mattress export price stood at $65.8 per unit in December 2022, surging by 1.7% against the previous month. In general, the export price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in June 2022 when the average export price increased by 4.1% m-o-m. The export price peaked at $108 per unit in December 2021; however, from January 2022 to December 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In December 2022, the highest price was recorded for prices to Singapore ($69.8 per unit) and Hong Kong SAR ($69.7 per unit), while the average price for exports to Taiwan (Chinese) ($50.0 per unit) and Canada ($51.2 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-3.8%), while the prices for the other major destinations experienced a decline.
Mattress Price in Vietnam (CIF) - 2022
The average mattress import price stood at $38 per unit in 2022, with a decrease of -4% against the previous year. In general, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2013 when the average import price increased by 72% against the previous year. As a result, import price reached the peak level of $96 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($168 per unit), while the price for China ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Mattress Exports in Vietnam
In 2022, approx. 4.2M units of mattresses were exported from Vietnam; increasing by 69% on 2021. Overall, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mattress exports fell slightly to $185M in 2022. In general, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 2.7%. Over the period under review, the exports reached the maximum at $223M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Mattress in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 0.4 | 0.2 | 0.1 | 139 | 603.0% |
United States | 124 | 91.3 | 8.3 | 31.1 | -36.9% |
South Korea | 1.5 | 3.8 | 21.6 | 5.2 | 51.3% |
Taiwan (Chinese) | 0.7 | 2.1 | 19.4 | 4.9 | 91.3% |
Japan | 85.4 | 74.5 | 114 | 1.4 | -74.6% |
Others | 11.0 | 10.9 | 23.8 | 3.8 | -29.8% |
Total | 223 | 183 | 188 | 185 | -6.0% |
Top Export Markets for Mattress from Vietnam in 2022:
- Myanmar (3397.9K units)
- United States (523.1K units)
- South Korea (85.8K units)
- Taiwan (Chinese) (80.6K units)
- Japan (23.6K units)
Mattress Imports in Vietnam
In 2022, after three years of growth, there was significant decline in supplies from abroad of mattresses, when their volume decreased by -13.2% to 1M units. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 1.2M units, and then dropped in the following year.
In value terms, mattress imports plummeted to $39M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $47M, and then fell remarkably in the following year.
Import of Mattress in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.5 | 26.1 | 33.7 | 27.6 | 4.1% |
Taiwan (Chinese) | N/A | 0.4 | 9.4 | 6.1 | 290.5% |
South Korea | 4.0 | 2.7 | 2.4 | 3.9 | -0.8% |
Others | 3.1 | 2.1 | 1.6 | 1.6 | -19.8% |
Total | 31.6 | 31.3 | 47.0 | 39.2 | 7.4% |
Top Suppliers of Mattress to Vietnam in 2022:
- China (933.8K units)
- Taiwan (Chinese) (53.2K units)
- South Korea (23.3K units)
This report provides an in-depth analysis of the mattress market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31031230 - Mattresses of cellular rubber (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
- Prodcom 31031250 - Mattresses of cellular plastics (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
- Prodcom 31031270 - Mattresses with spring interiors (excluding of cellular rubber or plastics)
- Prodcom 31031290 - Mattresses (excluding with spring interiors, of cellular rubber or plastics)
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the mattress market in Vietnam.
This report provides an in-depth analysis of the mattress support market in Vietnam.
This report provides an in-depth analysis of the mattresses of cellular rubber market in Vietnam.
This report provides an in-depth analysis of the mattresses with spring interiors market in Vietnam.
This report provides an in-depth analysis of the sleeping bag market in Vietnam.
This report provides an in-depth analysis of the market for mattresses of cellular rubber or plastics in Vietnam.
This report provides an in-depth analysis of the market for mattresses other than of cellular rubber or plastics in Vietnam.
This report provides an in-depth analysis of the market for bedding and furnishing article in Vietnam.
This report provides an in-depth analysis of the global mattress market.
This report provides an in-depth analysis of the global mattress support market.
Explore the top import markets for mattresses in the world and discover key statistics and import values. Find out which countries lead the global market and why. Gain insights on market trends and dynamics using the IndexBox market intelligence platform.
The global mattress market is expected to reach $51.4 billion in 2030, growing with a CAGR of +3.0% from 2022 to 2030.
In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
With hundreds of new devices launched annually, new gadgets do not evoke nearly as much consumer excitement as in previous years. At the same time, some commodities are often left out of the technological frenzy, managing to preserve their traditional
Explore the top import markets for mattresses made of cellular rubber or plastics, including key statistics and market trends. Discover the leading countries and their import values according to IndexBox market intelligence platform.
Explore the top import markets for mattresses in the world and discover key statistics and import values. Find out which countries lead the global market and why. Gain insights on market trends and dynamics using the IndexBox market intelligence platform.
The global mattress market is expected to reach $51.4 billion in 2030, growing with a CAGR of +3.0% from 2022 to 2030.
In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>