Nigeria - Mattresses; of other materials, not cellular rubber or plastics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Nigeria - Mattresses; of other materials, not cellular rubber or plastics - Market Analysis, Forecast, Size, Trends and Insights

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Price for Mattresses Other than of Cellular Rubber or Plastics in Nigeria - 2022

Contents:

  1. Price for Mattresses Other than of Cellular Rubber or Plastics in Nigeria (CIF) - 2022
  2. Price for Mattresses Other than of Cellular Rubber or Plastics in Nigeria (FOB) - 2022
  3. Imports of Mattresses Other than of Cellular Rubber or Plastics in Nigeria
  4. Exports of Mattresses Other than of Cellular Rubber or Plastics in Nigeria

Price for Mattresses Other than of Cellular Rubber or Plastics in Nigeria (CIF) - 2022

In 2022, the average import price for mattresses other than of cellular rubber or plastics amounted to $122 per unit, increasing by 8.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 36% against the previous year. As a result, import price attained the peak level of $136 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($124 per unit) and South Korea ($123 per unit), while the price for Germany ($120 per unit) and Italy ($121 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+388.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mattresses Other than of Cellular Rubber or Plastics in Nigeria (FOB) - 2022

The average export price for mattresses other than of cellular rubber or plastics stood at $122 per unit in 2022, rising by 3.9% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mattresses other than of cellular rubber or plastics increased by +47.0% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 41% against the previous year. The export price peaked at $149 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($116 per unit), while the average price for exports to Sao Tome and Principe ($87 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 Niger (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses Other than of Cellular Rubber or Plastics in Nigeria

For the third year in a row, Nigeria recorded decline in purchases abroad of mattresses other than of cellular rubber or plastics, which decreased by -21.9% to 1.7K units in 2022. In general, imports recorded a precipitous contraction. The smallest decline of -12.5% was in 2021. Imports peaked at 4.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of mattresses other than of cellular rubber or plastics shrank remarkably to $202K in 2022. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1.3% against the previous year. Over the period under review, imports of attained the maximum at $636K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Mattresses Other than of Cellular Rubber or Plastics in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1452064.8131-3.3%
Italy367N/A25.632.1-55.6%
Turkey0.8N/A4.013.3155.2%
NorwayN/AN/AN/A4.90%
Germany29.5N/A0.14.7-45.8%
South Korea2.1N/A12.14.528.9%
United Arab Emirates56.69.995.52.6-64.2%
United Kingdom12.81.1N/A1.2-54.6%
Others22.418.096.27.3-31.2%
Total636235238202-31.8%

Top Suppliers of Mattresses Other than of Cellular Rubber or Plastics to Nigeria in 2022:

  1. China (1080.0 units)
  2. Italy (265.0 units)
  3. Turkey (109.0 units)
  4. Norway (40.0 units)
  5. Germany (39.0 units)
  6. South Korea (37.0 units)
  7. United Arab Emirates (21.0 units)
  8. United Kingdom (10.0 units)

Exports of Mattresses Other than of Cellular Rubber or Plastics in Nigeria

After three years of growth, overseas shipments of mattresses other than of cellular rubber or plastics decreased by -48.6% to 286 units in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 262% against the previous year. Over the period under review, the exports of hit record highs at 556 units in 2021, and then reduced sharply in the following year.

In value terms, exports of mattresses other than of cellular rubber or plastics dropped markedly to $35K in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 215% against the previous year. As a result, the exports attained the peak of $65K, and then declined markedly in the following year.

Export of Mattresses Other than of Cellular Rubber or Plastics in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Niger0.57.431.316.0217.5%
Benin0.83.49.515.1166.3%
Burkina Faso2.1N/AN/AN/A0%
CameroonN/A0.93.3N/A266.7%
EthiopiaN/A0.715.7N/A2142.9%
BotswanaN/AN/AN/AN/A0%
Angola1.2N/A1.0N/A-8.7%
Others4.88.34.13.6-9.1%
Total9.320.765.034.755.1%

Top Export Markets for Mattresses Other than of Cellular Rubber or Plastics from Nigeria in 2022:

  1. Niger (138.0 units)
  2. Benin (131.0 units)
  3. Angola (1.0 units)

Source: IndexBox Market Intelligence Platform

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

    • Nigeria

    Data coverage:

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