China - Mattress Supports - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Mattress Supports - Market Analysis, Forecast, Size, Trends And Insights

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Mattress Support Price in China - 2023

Contents:

  1. Mattress Support Price in China (FOB) - 2023
  2. Mattress Support Price in China (CIF) - 2023
  3. Mattress Support Exports in China
  4. Mattress Support Imports in China

Mattress Support Price in China (FOB) - 2023

In September 2023, the average mattress support export price amounted to $78.9 per unit, surging by 1.5% against the previous month. In general, export price indicated buoyant growth from September 2022 to September 2023: its price increased at an average monthly rate of +10.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, mattress support export price increased by +3.7% against July 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 360% month-to-month. As a result, the export price attained the peak level of $105 per unit. From November 2022 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Singapore ($118 per unit), while the average price for exports to Canada ($39.6 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Mattress Support Price in China (CIF) - 2023

The average mattress support import price stood at $298 per unit in September 2023, falling by -8.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 62% against the previous month. Over the period under review, average import prices hit record highs at $513 per unit in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($2,391 per unit), while the price for Germany ($55.7 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Mattress Support Exports in China

In 2022, approx. 12M units of mattress supports were exported from China; almost unchanged from 2021. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 2.3%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mattress support exports amounted to $896M in 2022. The total export value increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Mattress Support in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia11017612215311.6%
Japan126128134112-3.9%
Singapore48.453.873.410429.0%
Malaysia39.433.141.074.023.4%
South Korea23.947.547.050.027.9%
Canada47.554.362.144.2-2.4%
United Kingdom26.342.343.130.34.8%
United States68.410.210.722.7-30.8%
Germany3.925.824.422.378.8%
New Zealand15.319.924.220.710.6%
Indonesia18.211.619.411.6-13.9%
Thailand18.29.910.211.4-14.4%
Vietnam22.014.56.96.7-32.7%
Others14117323323418.4%
Total7098008518968.1%

Top Export Markets for Mattress Support from China in 2022:

  1. Australia (2183.2K units)
  2. Japan (1935.2K units)
  3. Canada (1345.5K units)
  4. Malaysia (626.4K units)
  5. Singapore (626.1K units)
  6. South Korea (606.3K units)
  7. United Kingdom (453.6K units)
  8. Germany (377.9K units)
  9. New Zealand (307.3K units)
  10. Vietnam (305.0K units)
  11. United States (155.0K units)
  12. Indonesia (132.4K units)
  13. Thailand (128.8K units)

Mattress Support Imports in China

Mattress support imports into China shrank significantly to 103K units in 2022, which is down by -59.8% compared with the previous year's figure. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 50%. As a result, imports reached the peak of 257K units, and then reduced sharply in the following year.

In value terms, mattress support imports declined dramatically to $39M in 2022. In general, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +13.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of $56M, and then contracted sharply in the following year.

Import of Mattress Support in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.02.96.37.253.3%
Australia4.86.37.95.86.5%
Japan4.54.97.04.92.9%
New Zealand7.67.012.84.1-18.6%
Malaysia2.22.13.83.112.1%
Germany2.22.34.22.77.1%
United States5.72.92.82.6-23.0%
Others6.46.111.08.710.8%
Total35.434.555.839.23.5%

Top Suppliers of Mattress Support to China in 2022:

  1. Germany (28.8K units)
  2. Japan (13.1K units)
  3. Malaysia (12.7K units)
  4. New Zealand (10.1K units)
  5. Australia (8.5K units)
  6. United States (7.9K units)
  7. United Kingdom (4.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mattress support market in China. 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 31031100 - Mattress supports (including wooden or metal frames fitted with springs or steel wire mesh, upholstered mattress bases, w ith wooden slats, divans)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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