Eastern Europe: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Eastern Europe

In 2022, after four years of decline, there was significant growth in the East European market for mattresses of cellular rubber or plastics, when its value increased by 52% to $X. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Mattresses of cellular rubber or plastics in Eastern Europe

In value terms, production of mattresses of cellular rubber or plastics dropped slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 40% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports in Eastern Europe

In 2022, shipments abroad of mattresses of cellular rubber or plastics decreased by -37% to X units for the first time since 2016, thus ending a five-year rising trend. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, the exports attained the peak of X units, and then contracted dramatically in the following year.

In value terms, exports of mattresses of cellular rubber or plastics contracted to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +16.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. The level of export peaked at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Poland represented the main exporting country with an export of around X units, which reached 70% of total exports. It was distantly followed by Romania (X units), committing a 17% share of total exports. The following exporters - the Czech Republic (X units), Bulgaria (X units), Slovakia (X units) and Estonia (X units) - together made up 11% of total exports.

Exports from Poland decreased at an average annual rate of -1.8% from 2012 to 2022. At the same time, Romania (+44.3%), Bulgaria (+26.6%), Slovakia (+20.6%), Estonia (+12.9%) and the Czech Republic (+10.4%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +44.3% from 2012-2022. Romania (+16 p.p.), Bulgaria (+3.2 p.p.), the Czech Republic (+2.4 p.p.) and Slovakia (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Poland saw its share reduced by -23.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest mattresses of cellular rubber or plastics supplier in Eastern Europe, comprising 70% of total exports. The second position in the ranking was taken by Romania ($X), with a 17% share of total exports. It was followed by the Czech Republic, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (+48.3% per year) and the Czech Republic (+13.4% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with an increase of 56% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Romania ($X per unit) and Bulgaria ($X per unit), while Slovakia ($X per unit) and Estonia ($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 (+2.7%), while the other leaders experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports in Eastern Europe

In 2022, supplies from abroad of mattresses of cellular rubber or plastics decreased by -33.1% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by 47%. Over the period under review, imports of attained the peak figure at X units in 2021, and then fell significantly in the following year.

In value terms, imports of mattresses of cellular rubber or plastics declined slightly to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 +22.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

The Czech Republic (X units) and Poland (X units) represented roughly 47% of total imports in 2022. Hungary (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Bulgaria (8.6%), Slovakia (8.3%), Romania (6%) and Russia (5.8%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bulgaria (with a CAGR of +14.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Hungary ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 62% share of total imports. Bulgaria, Slovakia, Romania and Russia lagged somewhat behind, together comprising a further 26%.

In terms of the main importing countries, Bulgaria, with a CAGR of +14.4%, recorded the highest rates of growth with regard to 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 import price in Eastern Europe amounted to $X per unit, rising by 49% against the previous year. Overall, 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.

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 Bulgaria ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+0.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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