Central Asia: Market for Mattresses other than of cellular rubber or plastics 2024

Market Size for Mattresses other than of cellular rubber or plastics in Central Asia

The Central Asian market for mattresses other than of cellular rubber or plastics shrank sharply to $X in 2022, falling by -22.7% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2021, and then fell dramatically in the following year.

Production of Mattresses other than of cellular rubber or plastics in Central Asia

In value terms, production of mattresses other than of cellular rubber or plastics stood at $X in 2022 estimated in export price. Overall, production continues to indicate a strong increase. The growth pace was the most rapid in 2020 when the production volume increased by 100%. The level of production peaked at $X in 2021, and then amounted in the following year.

Exports of Mattresses other than of cellular rubber or plastics

Exports in Central Asia

In 2022, approx. X units of mattresses other than of cellular rubber or plastics were exported in Central Asia; growing by 10% against 2021 figures. In general, exports showed modest growth. The most prominent rate of growth was recorded in 2015 with an increase of 7,289%. Over the period under review, the exports of attained the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics reduced dramatically to $X in 2022. Over the period under review, exports, however, showed a perceptible setback. The growth pace was the most rapid in 2015 with an increase of 5,559%. The level of export peaked at $X in 2021, and then contracted sharply in the following year.

Exports by Country

In 2022, Uzbekistan (X units) was the largest exporter of mattresses other than of cellular rubber or plastics, comprising 71% of total exports. Kyrgyzstan (X units) ranks second in terms of the total exports with a 16% share, followed by Kazakhstan (13%).

From 2012 to 2022, average annual rates of growth with regard to mattresses other than of cellular rubber or plastics exports from Uzbekistan stood at +27.4%. At the same time, Kazakhstan (+48.8%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +48.8% from 2012-2022. By contrast, Kyrgyzstan (-15.7%) illustrated a downward trend over the same period. Uzbekistan (+71 p.p.) and Kazakhstan (+13 p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by -83.9% from 2012 to 2022, respectively.

In value terms, the largest mattresses other than of cellular rubber or plastics supplying countries in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), with a combined 100% share of total exports.

Uzbekistan, with a CAGR of +60.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, dropping by -38.8% against the previous year. In general, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 195%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+25.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Mattresses other than of cellular rubber or plastics

Imports in Central Asia

Imports of mattresses other than of cellular rubber or plastics declined notably to X units in 2022, waning by -41% against 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. The volume of import peaked at X 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 contracted to $X in 2022. Total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.5% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 38%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan was the largest importing country with an import of about X units, which finished at 62% of total imports. Uzbekistan (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (11%), Mongolia (7.2%) and Turkmenistan (5.2%). Tajikistan (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mattresses other than of cellular rubber or plastics imports into Kazakhstan stood at -1.1%. At the same time, Uzbekistan (+48.5%), Mongolia (+10.1%), Tajikistan (+9.3%) and Kyrgyzstan (+1.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +48.5% from 2012-2022. By contrast, Turkmenistan (-7.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Mongolia and Tajikistan increased by +12, +4.3 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported mattresses other than of cellular rubber or plastics in Central Asia, comprising 71% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 12% share of total imports. It was followed by Mongolia, with a 6.4% share.

In Kazakhstan, imports of mattresses other than of cellular rubber or plastics remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+74.4% per year) and Mongolia (+14.3% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, growing by 61% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+17.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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