Malaysia: Mattress Support Market 2024

Mattress Support Market Size in Malaysia

After two years of growth, the Malaysian mattress support market decreased by X% to $X in 2022. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then reduced notably in the following year.

Mattress Support Production in Malaysia

In value terms, mattress support production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Mattress support production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mattress Support Exports

Exports from Malaysia

In 2022, shipments abroad of mattress supports increased by X% to X units, rising for the sixth consecutive year after two years of decline. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, mattress support exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X units), Bangladesh (X units) and China (X units) were the main destinations of mattress support exports from Malaysia, with a combined X% share 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 Bangladesh (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattress support exported from Malaysia were China ($X), the United States ($X) and Bangladesh ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to 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 mattress support export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Indonesia ($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 Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Mattress Support Imports

Imports into Malaysia

In 2022, mattress support imports into Malaysia skyrocketed to X units, with an increase of X% compared with the previous year's figure. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, mattress support imports skyrocketed to $X in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, China (X units) was the main mattress support supplier to Malaysia, with a X% share of total imports. It was followed by Lithuania (X units), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of mattress supports to Malaysia, comprising X% of total imports. The second position in the ranking was held by Lithuania ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

In 2022, the average mattress support import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price showed a slight slump. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%).

Source: IndexBox Platform

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