Singapore - Mattress Supports - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMattress Support Price in Singapore - 2022
Contents:
- Mattress Support Price in Singapore (CIF) - 2022
- Mattress Support Price in Singapore (FOB) - 2022
- Mattress Support Imports in Singapore
- Mattress Support Exports in Singapore
Mattress Support Price in Singapore (CIF) - 2022
The average mattress support import price stood at $135 per unit in September 2022, increasing by 72% against the previous month. In general, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in June 2022 when the average import price increased by 225% against the previous month. As a result, import price attained the peak level of $227 per unit. From July 2022 to September 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 September 2022, the country with the highest price was China ($136 per unit), while the price for Lithuania ($80.0 per unit) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mattress Support Price in Singapore (FOB) - 2022
The average mattress support export price stood at $67 per unit in 2022, with a decrease of -2.3% against the previous year. Over the period under review, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $95 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($67 per unit) and Brunei Darussalam ($67 per unit), while the average price for exports to Hong Kong SAR ($66 per unit) and Malaysia ($67 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-1.8%), while the prices for the other major destinations experienced a decline.
Mattress Support Imports in Singapore
In 2022, mattress support imports into Singapore surged to 169K units, picking up by 60% against the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, mattress support imports skyrocketed to $15M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mattress Support in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.6 | 2.2 | 3.1 | 6.2 | 57.1% |
| China | 1.2 | 2.3 | 2.8 | 5.5 | 66.1% |
| Indonesia | N/A | 1.8 | 0.2 | 1.3 | -15.0% |
| United States | 0.4 | 0.2 | 0.1 | 0.4 | 0.0% |
| Poland | 0.2 | N/A | 0.2 | 0.4 | 26.0% |
| Lithuania | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| United Kingdom | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Others | 0.5 | 0.3 | 0.1 | 0.4 | -7.2% |
| Total | 4.1 | 7.2 | 6.8 | 14.8 | 53.4% |
Top Suppliers of Mattress Support to Singapore in 2022:
- Malaysia (68.3K units)
- China (61.4K units)
- Indonesia (16.9K units)
- United States (5.1K units)
- Poland (5.1K units)
- Lithuania (4.6K units)
- United Kingdom (2.6K units)
Mattress Support Exports in Singapore
Mattress support exports from Singapore shrank to 2K units in 2022, falling by -11.7% compared with 2021. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. The exports peaked at 2.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, mattress support exports reduced to $135K in 2022. Overall, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 47%. Over the period under review, the exports reached the peak figure at $185K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Mattress Support in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 47.1 | 33.3 | 58.5 | 66.0 | 11.9% |
| Malaysia | 49.4 | 3.3 | 3.1 | 20.4 | -25.5% |
| Hong Kong SAR | 7.8 | 44.9 | 2.9 | 19.1 | 34.8% |
| Brunei Darussalam | 33.6 | 1.1 | 10.6 | 16.6 | -20.9% |
| Maldives | 3.9 | 8.4 | 8.9 | 10.0 | 36.9% |
| Thailand | 0.8 | 0.1 | 2.1 | 2.3 | 42.2% |
| China | 37.8 | N/A | 16.1 | N/A | -34.7% |
| Bangladesh | N/A | 6.9 | 16.1 | N/A | 133.3% |
| Others | 4.6 | 8.0 | 38.1 | 0.2 | -64.8% |
| Total | 185 | 106 | 156 | 135 | -10.0% |
Top Export Markets for Mattress Support from Singapore in 2022:
- Indonesia (986.0 units)
- Malaysia (304.0 units)
- Hong Kong SAR (292.0 units)
- Brunei Darussalam (248.0 units)
- Maldives (150.0 units)
- Thailand (35.0 units)
This report provides an in-depth analysis of the mattress support market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
-
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
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