Japan: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Japan

In 2022, after six years of growth, there was significant decline in the Japanese market for mattresses of cellular rubber or plastics, when its value decreased by -11% to $X. The market value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2021, and then fell in the following year.

Exports of Mattresses of cellular rubber or plastics

Exports from Japan

In 2022, exports of mattresses of cellular rubber or plastics from Japan surged to X units, with an increase of 39% against the year before. In general, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 76% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of mattresses of cellular rubber or plastics surged to $X in 2022. Overall, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 103% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Taiwan (Chinese) (X units), China (X units) and Hong Kong SAR (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from Japan, with a combined 62% share of total exports. The United States, South Korea, Thailand, Cambodia and Singapore lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +43.7%), 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 Japan were Taiwan (Chinese) ($X), China ($X) and Hong Kong SAR ($X), together accounting for 62% of total exports. The United States, South Korea, Thailand, Cambodia and Singapore lagged somewhat behind, together accounting for a further 31%.

The United States, with a CAGR of +45.2%, recorded the highest growth rate of the value of exports, in terms of 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

In 2022, the average export price for mattresses of cellular rubber or plastics amounted to $X per unit, dropping by -10.4% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($X per unit) and South Korea ($X per unit), while the average price for exports to Singapore ($X per unit) and Cambodia ($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 Cambodia (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Japan

In 2022, overseas purchases of mattresses of cellular rubber or plastics decreased by -13.9% to X units, falling for the second year in a row after three years of growth. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 19%. Over the period under review, imports of hit record highs at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of mattresses of cellular rubber or plastics shrank to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of 15%. Over the period under review, imports of hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of mattresses of cellular rubber or plastics to Japan, with a 74% share of total imports. Moreover, imports of mattresses of cellular rubber or plastics from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), more than tenfold. The third position in this ranking was held by Vietnam (X units), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-3.2% per year) and Vietnam (+16.9% per year).

In value terms, China ($X) constituted the largest supplier of mattresses of cellular rubber or plastics to Japan, comprising 74% of total imports. The second position in the ranking was taken by Denmark ($X), with a 6.5% share of total imports. It was followed by Vietnam, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-3.3% per year) and Vietnam (+16.8% per year).

Import Prices by Country

In 2022, the average import price for mattresses of cellular rubber or plastics amounted to $X per unit, picking up by 4.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 11% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Denmark ($X per unit), while the price for Germany ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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