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

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

After two years of decline, the Egyptian market for mattresses other than of cellular rubber or plastics increased by 106% to $X in 2022. Over the period under review, consumption posted a prominent increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

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

In value terms, production of mattresses other than of cellular rubber or plastics declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The growth pace was the most rapid in 2019 when the production volume increased by 53%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Egypt

In 2022, the amount of mattresses other than of cellular rubber or plastics exported from Egypt fell dramatically to X units, declining by -69.1% against the year before. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 3,630%. Over the period under review, the exports of attained the maximum at X units in 2021, and then fell remarkably in the following year.

In value terms, exports of mattresses other than of cellular rubber or plastics declined to $X in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 494%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Libya (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Egypt, accounting for a 66% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to Libya exceeded the volume sent to the second major destination, Palestine (X units), threefold. The third position in this ranking was taken by Kuwait (X units), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume to Libya totaled +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+888.9% per year) and Kuwait (+17.1% per year).

In value terms, Palestine ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from Egypt, comprising 62% of total exports. The second position in the ranking was taken by Libya ($X), with a 23% share of total exports. It was followed by Kuwait, with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Palestine stood at +2,369.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+27.6% per year) and Kuwait (+80.8% per year).

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, jumping by 186% against the previous year. Overall, the export price, however, saw a abrupt descent. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($X per unit), while the average price for exports to Sudan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+149.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Egypt

In 2022, supplies from abroad of mattresses other than of cellular rubber or plastics increased by 65% to X units for the first time since 2016, thus ending a five-year declining trend. In general, imports, however, faced a precipitous setback. The pace of growth was the most pronounced in 2014 with an increase of 259%. Over the period under review, imports of attained the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of mattresses other than of cellular rubber or plastics surged to $X in 2022. Over the period under review, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 89% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Poland (X units), Germany (X units) and Turkey (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Egypt, with a combined 69% share of total imports. Romania, Spain, China and Italy lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +74.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Turkey ($X) constituted the largest mattresses other than of cellular rubber or plastics suppliers to Egypt, together comprising 69% of total imports. Romania, Spain, China and Italy lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Spain, with a CAGR of +102.1%, 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, picking up by 3.7% against the previous year. In general, the import price continues to indicate a notable increase. The most prominent rate of growth was recorded in 2018 an increase of 61% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :