Egypt: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Egypt

In 2022, the Egyptian market for mattresses of cellular rubber or plastics increased by 68% to $X, rising for the third year in a row after three years of decline. In general, consumption, however, continues to indicate a abrupt slump. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Mattresses of cellular rubber or plastics in Egypt

In value terms, production of mattresses of cellular rubber or plastics expanded to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 48%. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports from Egypt

In 2022, shipments abroad of mattresses of cellular rubber or plastics decreased by -34.8% to X units, falling for the third year in a row after two years of growth. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 309,900%. Over the period under review, the exports of reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of mattresses of cellular rubber or plastics dropped rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 286,242%. The exports peaked at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Saudi Arabia (X units), Sudan (X units) and the United States (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from Egypt, together comprising 59% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sudan (with a CAGR of +171.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattresses of cellular rubber or plastics exported from Egypt were Saudi Arabia ($X), Sudan ($X) and the United States ($X), with a combined 59% share of total exports.

In terms of the main countries of destination, Sudan, with a CAGR of +198.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, dropping by -2.9% against the previous year. Overall, the export price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 88%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Yemen ($X per unit) and Ireland ($X per unit), while the average price for exports to Lebanon ($X per unit) and Cyprus ($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 Jordan (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Egypt

In 2022, imports of mattresses of cellular rubber or plastics into Egypt fell to X units, with a decrease of -3.2% compared with 2021 figures. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 135% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mattresses of cellular rubber or plastics reduced rapidly to $X in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 105% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Spain (X units) constituted the largest mattresses of cellular rubber or plastics supplier to Egypt, accounting for a 61% share of total imports. Moreover, imports of mattresses of cellular rubber or plastics from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X units), fivefold. The third position in this ranking was held by Romania (X units), with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +57.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.3% per year) and Romania (-20.0% per year).

In value terms, Spain ($X), Belgium ($X) and Romania ($X) appeared to be the largest mattresses of cellular rubber or plastics suppliers to Egypt, with a combined 71% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +38.7%, saw 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 average import price for mattresses of cellular rubber or plastics amounted to $X per unit, falling by -36.8% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 147% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Spain ($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 (+28.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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