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

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

The Croatian market for mattresses other than of cellular rubber or plastics was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption continues to indicate a sharp setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Mattresses other than of cellular rubber or plastics in Croatia

In value terms, production of mattresses other than of cellular rubber or plastics shrank to $X in 2022 estimated in export price. Overall, production, however, saw a slight setback. The pace of growth was the most pronounced in 2018 with an increase of 24% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Croatia

In 2022, overseas shipments of mattresses other than of cellular rubber or plastics increased by 28% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of mattresses other than of cellular rubber or plastics declined to $X in 2022. Over the period under review, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.3% against 2020 indices. The growth pace was the most rapid in 2014 when exports increased by 63%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Slovenia (X units), Germany (X units) and Switzerland (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Croatia, with a combined 59% share of total exports. Belgium, Serbia, Austria, Poland and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +46.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattresses other than of cellular rubber or plastics exported from Croatia were Slovenia ($X), Germany ($X) and Switzerland ($X), with a combined 59% share of total exports. Belgium, Serbia, Austria, Poland and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 29%.

Belgium, with a CAGR of +36.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, which is down by -29.7% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($X per unit) and Austria ($X per unit), while the average price for exports to Belgium ($X per unit) and Germany ($X 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 Poland (-7.1%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Croatia

After two years of growth, overseas purchases of mattresses other than of cellular rubber or plastics decreased by -51.1% to X units in 2022. Over the period under review, imports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 with an increase of 70% against the previous year. Imports peaked at X units in 2021, and then dropped remarkably in the following year.

In value terms, imports of mattresses other than of cellular rubber or plastics declined modestly to $X in 2022. Overall, imports, however, recorded a strong increase. The growth pace was the most rapid in 2017 when imports increased by 35%. Over the period under review, imports of reached the peak figure at $X in 2021, and then dropped slightly in the following year.

Imports by Country

Poland (X units), Bosnia and Herzegovina (X units) and Turkey (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Croatia, with a combined 49% share of total imports. Slovenia, Romania, Serbia, Italy and Bulgaria lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +121.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mattresses other than of cellular rubber or plastics suppliers to Croatia were Poland ($X), Bosnia and Herzegovina ($X) and Turkey ($X), with a combined 49% share of total imports. Slovenia, Romania, Serbia, Italy and Bulgaria lagged somewhat behind, together comprising a further 43%.

Among the main suppliers, Romania, with a CAGR of +131.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for mattresses other than of cellular rubber or plastics amounted to $X per unit, growing by 97% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($X per unit) and Romania ($X per unit), while the price for Turkey ($X per unit) and Bosnia and Herzegovina ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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