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

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

In 2022, the Estonian market for mattresses other than of cellular rubber or plastics decreased by -26.9% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption showed a abrupt shrinkage. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

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

In value terms, production of mattresses other than of cellular rubber or plastics dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Estonia

In 2022, overseas shipments of mattresses other than of cellular rubber or plastics increased by 53% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports saw a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mattresses other than of cellular rubber or plastics contracted modestly to $X in 2022. In general, exports showed a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 42% against the previous year. The exports peaked at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Sweden (X units), Finland (X units) and Switzerland (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Estonia, together comprising 82% of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +52.5%), while shipments for 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 Estonia were Sweden ($X), Finland ($X) and Switzerland ($X), together comprising 82% of total exports.

Sweden, with a CAGR of +44.1%, saw 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

The average export price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, shrinking by -37.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 39%. Over the period under review, the average export prices attained 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 for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Switzerland ($X per unit) and Sweden ($X per unit), while the average price for exports to Norway ($X per unit) and Germany ($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 Switzerland (-5.5%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Estonia

In 2022, purchases abroad of mattresses other than of cellular rubber or plastics decreased by -61.1% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, continue to indicate a tangible increase. The pace of growth was the most pronounced in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of X units, and then declined rapidly in the following year.

In value terms, imports of mattresses other than of cellular rubber or plastics shrank rapidly to $X in 2022. Overall, imports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. Imports peaked at $X in 2021, and then dropped sharply in the following year.

Imports by Country

Poland (X units), China (X units) and Hong Kong SAR (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Estonia, together accounting for 54% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +122.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Hong Kong SAR ($X) were the largest mattresses other than of cellular rubber or plastics suppliers to Estonia, with a combined 54% share of total imports.

Hong Kong SAR, with a CAGR of +117.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, increasing by 98% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained 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 Russia ($X per unit) and China ($X per unit), while the price for Belarus ($X per unit) and Lithuania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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