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

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

The East European market for mattresses other than of cellular rubber or plastics shrank significantly to $X in 2022, dropping by -65.3% against the previous year. Over the period under review, consumption recorded a deep reduction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Mattresses other than of cellular rubber or plastics in Eastern Europe

In value terms, production of mattresses other than of cellular rubber or plastics fell to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 36%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports in Eastern Europe

For the fifth year in a row, Eastern Europe recorded growth in shipments abroad of mattresses other than of cellular rubber or plastics, which increased by 42% to X units in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. Over the period under review, the exports of hit record highs 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 contracted to $X in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 38% against the previous year. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

In 2022, Poland (X units) was the main exporter of mattresses other than of cellular rubber or plastics, making up 70% of total exports. Romania (X units) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Bulgaria (6.3%). The following exporters - Lithuania (X units), Estonia (X units), the Czech Republic (X units) and Russia (X units) - together made up 8.5% of total exports.

From 2012 to 2022, average annual rates of growth with regard to mattresses other than of cellular rubber or plastics exports from Poland stood at +23.0%. At the same time, Romania (+38.0%), Bulgaria (+33.3%), Estonia (+16.4%), the Czech Republic (+13.0%), Russia (+11.4%) and Lithuania (+4.9%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +38.0% from 2012-2022. While the share of Poland (+13 p.p.), Romania (+8.9 p.p.) and Bulgaria (+4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (-1.6 p.p.), Russia (-1.9 p.p.) and Lithuania (-7.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest mattresses other than of cellular rubber or plastics supplier in Eastern Europe, comprising 58% of total exports. The second position in the ranking was taken by Romania ($X), with a 17% share of total exports. It was followed by Bulgaria, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at +10.2%. In the other countries, the average annual rates were as follows: Romania (+30.0% per year) and Bulgaria (+20.3% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, dropping by -35.8% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the export price increased by 60%. 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.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.2%), while the other leaders experienced a decline in the export price figures.

Imports of Mattresses other than of cellular rubber or plastics

Imports in Eastern Europe

After six years of growth, supplies from abroad of mattresses other than of cellular rubber or plastics decreased by -46.1% to X units in 2022. Overall, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of X units, and then fell dramatically in the following year.

In value terms, imports of mattresses other than of cellular rubber or plastics reduced dramatically to $X in 2022. In general, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

The countries with the highest levels of imports of mattresses other than of cellular rubber or plastics in 2022 were Russia (X units), Poland (X units), the Czech Republic (X units), Romania (X units) and Hungary (X units), together reaching 72% of total import. Slovakia (X units) held the next position in the ranking, followed by Lithuania (X units). All these countries together held approx. 11% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +24.5%), 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 importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Romania ($X), together accounting for 49% of total imports.

Among the main importing countries, Poland, with a CAGR of +26.4%, saw 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 import price in Eastern Europe amounted to $X per unit, with an increase of 53% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price reached 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 Lithuania ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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