MENA: Mattress Support Market 2024

Mattress Support Market Size in MENA

In 2022, the MENA's mattress support market increased by X% to $X, rising for the second year in a row after three years of decline. The total consumption indicated a remarkable increase 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Mattress Support Production in MENA

In value terms, mattress support production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Mattress Support Exports

Exports in MENA

In 2022, after three years of growth, there was significant decline in overseas shipments of mattress supports, when their volume decreased by X% to X units. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then declined sharply in the following year.

In value terms, mattress support exports reduced sharply to $X in 2022. Overall, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Turkey represented the largest exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by the United Arab Emirates (X units), generating a X% share of total exports.

Turkey was also the fastest-growing in terms of the mattress supports exports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest mattress support supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, mattress support exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey amounted to $X per unit.

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

Mattress Support Imports

Imports in MENA

Mattress support imports shrank sharply to X units in 2022, declining by X% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, mattress support imports fell sharply to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

The United Arab Emirates was the major importer of mattress supports in MENA, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Qatar (X units) ranks second in terms of the total imports with a X% share, followed by Turkey (X%), Kuwait (X%), Israel (X%) and Morocco (X%). Iraq (X units), Oman (X units), Jordan (X units), Yemen (X units), Bahrain (X units) and Djibouti (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Djibouti (X%), Morocco (X%), Israel (X%), Yemen (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Qatar (X%), Bahrain (X%), Kuwait (X%), Iraq (X%), Oman (X%) and Jordan (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Kuwait (X p.p.), Morocco (X p.p.), Israel (X p.p.), Djibouti (X p.p.), Turkey (X p.p.) and Yemen (X p.p.) significantly strengthened its position in terms of the total imports, while Iraq, Qatar, Oman and Jordan saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported mattress supports in MENA, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Qatar (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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