Report Update: May 1, 2024

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

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Mattress Support Price in Kuwait - 2021

Mattress Support Price in Kuwait (CIF) - 2021

In December 2021, the average mattress support import price amounted to $60.9 per unit, growing by 6% against the previous month. Over the period from January 2021 to December 2021, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in March 2021 an increase of 35% against the previous month. Over the period under review, average import prices attained the maximum at $71.1 per unit in May 2021; however, from June 2021 to December 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United Arab Emirates ($528 per unit), while the price for Lithuania ($41.5 per unit) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Mattress Support Price in Kuwait (FOB) - 2022

In 2022, the average mattress support export price amounted to $68 per unit, declining by -20.7% against the previous year. Overall, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2014 an increase of 63% against the previous year. As a result, the export price reached the peak level of $118 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($212 per unit), while the average price for exports to Niger ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sierra Leone (+20.7%), while the prices for the other major destinations experienced mixed trend patterns.

Mattress Support Imports in Kuwait

After three years of growth, purchases abroad of mattress supports decreased by -2.5% to 36K units in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 36%. Imports peaked at 37K units in 2021, and then shrank in the following year.

In value terms, mattress support imports fell to $1.8M in 2022. The total import value increased at an average annual rate of +8.9% 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 2020 with an increase of 23% against the previous year. Imports peaked at $1.9M in 2021, and then reduced in the following year.

Import of Mattress Support in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lithuania	583	672	596	533	-2.9%
China	170	238	447	435	36.8%
United Arab Emirates	158	79.5	203	182	4.8%
Poland	39.8	180	106	129	48.0%
Malaysia	29.1	35.9	62.5	55.9	24.3%
Denmark	7.7	12.9	19.3	44.5	79.5%
Switzerland	16.3	26.9	30.3	27.1	18.5%
Others	379	455	407	379	0.0%
Total	1,383	1,700	1,872	1,786	8.9%

Top Suppliers of Mattress Support to Kuwait in 2022:

Lithuania (15.2K units)
China (7.8K units)
Poland (4.4K units)
United Arab Emirates (2.6K units)
Malaysia (1.5K units)
Switzerland (0.6K units)
Denmark (0.5K units)

Mattress Support Exports in Kuwait

In 2022, overseas shipments of mattress supports were finally on the rise to reach 106 units after two years of decline. Overall, exports, however, showed a precipitous contraction. Over the period under review, the exports reached the peak figure at 314 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mattress support exports soared to $7.3K in 2022. Over the period under review, exports, however, showed a dramatic curtailment. Over the period under review, the exports reached the peak figure at $20K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Mattress Support in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Qatar	8.3	5.3	1.1	2.9	-29.6%
Egypt	4.7	0.6	0.5	1.0	-40.3%
United Arab Emirates	0.3	1.4	0.4	1.0	49.4%
United Kingdom	2.5	1.6	0.3	0.9	-28.9%
Saudi Arabia	1.2	0.6	0.2	0.4	-30.7%
Ghana	0.9	0.6	0.1	0.3	-30.7%
United States	0.3	0.2	N/A	0.1	-30.7%
Niger	N/A	N/A	N/A	N/A	0%
Iran	0.2	0.1	N/A	N/A	-50.0%
Others	1.9	1.1	0.3	0.6	-31.9%
Total	20.2	11.6	2.9	7.3	-28.8%

Top Export Markets for Mattress Support from Kuwait in 2022:

Niger (22.0 units)
Ghana (17.0 units)
Egypt (16.0 units)
Qatar (14.0 units)
United States (11.0 units)
United Arab Emirates (11.0 units)
Saudi Arabia (4.0 units)
United Kingdom (4.0 units)
Iran (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mattress support market in Kuwait. 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:

Kuwait

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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