Report Update: May 1, 2024

Vietnam - Mattresses; of cellular rubber or plastics, whether or not covered - Market Analysis, Forecast, Size, Trends and Insights

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Price for Mattresses of Cellular Rubber or Plastics in Vietnam - 2022

Price for Mattresses of Cellular Rubber or Plastics in Vietnam (FOB) - 2022

The average export price for mattresses of cellular rubber or plastics stood at $49 per unit in 2022, with a decrease of -11.3% against the previous year. Overall, the export price showed a perceptible decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 60%. The export price peaked at $105 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($49 per unit) and South Korea ($49 per unit), while the average price for exports to the United States ($49 per unit) and Taiwan (Chinese) ($49 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 the United States (-3.9%), while the prices for the other major destinations experienced a decline.

Price for Mattresses of Cellular Rubber or Plastics in Vietnam (CIF) - 2022

In 2022, the average import price for mattresses of cellular rubber or plastics amounted to $117 per unit, increasing by 3.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 25%. The import price peaked at $119 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($117 per unit) and Belgium ($117 per unit), while the price for Italy ($116 per unit) and the United States ($117 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mattresses of Cellular Rubber or Plastics in Vietnam

In 2022, shipments abroad of mattresses of cellular rubber or plastics decreased by -43% to 640K units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 63%. As a result, the exports attained the peak of 3M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mattresses of cellular rubber or plastics dropped rapidly to $31M in 2022. Overall, exports continue to indicate a significant decline. The growth pace was the most rapid in 2020 when exports increased by 24%. As a result, the exports reached the peak of $237M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Mattresses of Cellular Rubber or Plastics in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	1.2	8.8	19.0	11.4	111.8%
Japan	1.4	4.1	5.6	6.4	66.0%
United States	169	192	5.2	4.5	-70.1%
Canada	6.8	6.0	6.1	2.8	-25.6%
China	7.4	5.7	2.6	2.5	-30.4%
South Korea	1.9	17.4	20.2	1.0	-19.3%
Others	3.6	2.9	3.3	2.6	-10.3%
Total	191	237	61.9	31.3	-45.3%

Top Export Markets for Mattresses of Cellular Rubber or Plastics from Vietnam in 2022:

Taiwan (Chinese) (232.9K units)
Japan (130.8K units)
United States (92.7K units)
Canada (58.0K units)
China (51.4K units)
South Korea (21.3K units)

Imports of Mattresses of Cellular Rubber or Plastics in Vietnam

In 2022, imports of mattresses of cellular rubber or plastics into Vietnam dropped sharply to 69K units, which is down by -40% against the year before. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports attained the peak of 116K units, and then fell dramatically in the following year.

In value terms, imports of mattresses of cellular rubber or plastics declined remarkably to $8.1M in 2022. In general, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, imports attained the peak of $13M, and then declined notably in the following year.

Import of Mattresses of Cellular Rubber or Plastics in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	N/A	0.4	9.4	4.7	242.8%
China	7.4	5.6	2.9	1.7	-38.8%
Malaysia	0.3	0.4	0.2	0.7	32.6%
Belgium	0.6	0.3	0.2	0.5	-5.9%
Italy	N/A	0.1	0.1	0.1	0.0%
United States	0.1	N/A	N/A	0.1	0.0%
Others	0.2	0.2	0.2	0.3	14.5%
Total	8.7	6.9	13.0	8.1	-2.4%

Top Suppliers of Mattresses of Cellular Rubber or Plastics to Vietnam in 2022:

Taiwan (Chinese) (40.5K units)
China (14.2K units)
Malaysia (5.8K units)
Belgium (4.5K units)
Italy (1.1K units)
United States (1.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mattresses of cellular rubber or plastics 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:

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.

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