CIS: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in CIS

The CIS market for mattresses of cellular rubber or plastics contracted to $X in 2022, reducing by -9.7% against the previous year. In general, consumption showed a noticeable decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Mattresses of cellular rubber or plastics in CIS

In value terms, production of mattresses of cellular rubber or plastics stood at $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 28%. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports in CIS

Exports of mattresses of cellular rubber or plastics shrank dramatically to X units in 2022, which is down by -15.8% against the previous year's figure. Over the period under review, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 88% against the previous year. The volume of export peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, exports of mattresses of cellular rubber or plastics shrank rapidly to $X in 2022. Overall, exports, however, continue to indicate a temperate increase. The pace of growth was the most pronounced in 2021 when exports increased by 58%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

Russia was the key exporting country with an export of about X units, which recorded 60% of total exports. It was distantly followed by Belarus (X units), achieving a 36% share of total exports. Kyrgyzstan (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kyrgyzstan (with a CAGR of +41.3%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest mattresses of cellular rubber or plastics supplier in the CIS, comprising 63% of total exports. The second position in the ranking was taken by Belarus ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to +23.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-7.5% per year) and Kyrgyzstan (+46.7% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, almost unchanged from the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 35%. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+3.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Mattresses of cellular rubber or plastics

Imports in CIS

In 2022, the amount of mattresses of cellular rubber or plastics imported in the CIS declined to X units, waning by -12.4% compared with 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 51% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of mattresses of cellular rubber or plastics reduced to $X in 2022. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2017 when imports increased by 88% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia dominates plastics structure, resulting at X units, which was approx. 72% of total imports in 2022. It was distantly followed by Moldova (X units), Belarus (X units), Azerbaijan (X units) and Kazakhstan (X units), together generating a 24% share of total imports. Tajikistan (X units) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of mattresses of cellular rubber or plastics. At the same time, Moldova (+8.3%) and Belarus (+7.4%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +8.3% from 2012-2022. Tajikistan experienced a relatively flat trend pattern. By contrast, Azerbaijan (-9.3%) and Kazakhstan (-9.4%) illustrated a downward trend over the same period. While the share of Russia (+6.5 p.p.), Moldova (+4.2 p.p.) and Belarus (+3.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-7.5 p.p.) and Azerbaijan (-8.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported mattresses of cellular rubber or plastics in the CIS, comprising 60% of total imports. The second position in the ranking was taken by Moldova ($X), with a 15% share of total imports. It was followed by Kazakhstan, with a 10% share.

In Russia, imports of mattresses of cellular rubber or plastics decreased by an average annual rate of -4.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Moldova (+11.3% per year) and Kazakhstan (+2.0% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, increasing by 2.8% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 an increase of 42% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+12.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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