Accelerating Imports of Mattresses Fueled by Chinese Supply
The U.S. dominates in global mattress imports with a X% share (based on USD), followed by Germany (X%) and France (X%). In 2015, U.S. mattress imports totaled X million USD, displaying an increase of X million USD (+X%) from the year before.
From 2007 to 2015, U.S. mattress imports showed steady growth, with an annual increase of +X% throughout the analysed period. In 2010, U.S. mattress imports exceeded the pre-recession level of 2008.
Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.
China was the main supplier of mattresses into the U.S., with a X% share of total U.S. imports in 2015. It was distantly followed by Mexico (X%), while the other supplying countries (Canada, Poland, and others) held smaller shares. Major suppliers, China and Mexico, were also the fastest growing, rising with the respective annual rates of +X% and +X% per year from 2007 to 2015. China significantly strengthened its position in the U.S. import structure, from X% in 2007 to X% in 2015. Despite substantial growth of import value, Mexico saw its share reduced from X% to X%.
The U.S. was a net importer of mattresses from 2007 to 2015. Moreover, imports grew faster than exports on average over the period under review.
The U.S. trade deficit in this sector grew from X million USD in 2007 to X million USD in 2015, significantly worsening over the period under review. The negative trend accelerated sharply after 2010, with the trade deficit increasing by +X% annually.
Source: IndexBox AI Platform
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