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

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

In 2022, the MENA's market for mattresses other than of cellular rubber or plastics was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

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

In value terms, production of mattresses other than of cellular rubber or plastics stood at $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 -3.1% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 26% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports in MENA

After four years of growth, shipments abroad of mattresses other than of cellular rubber or plastics decreased by -13.6% to X units in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of X units, and then dropped in the following year.

In value terms, exports of mattresses other than of cellular rubber or plastics reduced to $X in 2022. Overall, exports, however, recorded strong growth. The growth pace was the most rapid in 2020 with an increase of 36%. Over the period under review, the exports of hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

Turkey prevails in plastics structure, reaching X units, which was approx. 81% of total exports in 2022. The United Arab Emirates (X units) took the second position in the ranking, followed by Palestine (X units). All these countries together took approx. 13% share of total exports. The following exporters - Iran (X units) and Egypt (X units) - each accounted for a 3.9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mattresses other than of cellular rubber or plastics exports from Turkey stood at +13.5%. At the same time, Egypt (+74.9%), Iran (+13.2%), Palestine (+6.4%) and the United Arab Emirates (+5.6%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of +74.9% from 2012-2022. From 2012 to 2022, the share of Turkey and Egypt increased by +16 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest mattresses other than of cellular rubber or plastics supplier in MENA, comprising 79% of total exports. The second position in the ranking was held by Palestine ($X), with a 7.1% share of total exports. It was followed by Iran, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +14.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Palestine (+2.3% per year) and Iran (+25.0% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, remaining constant against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 30%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+10.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Mattresses other than of cellular rubber or plastics

Imports in MENA

For the third consecutive year, MENA recorded growth in purchases abroad of mattresses other than of cellular rubber or plastics, which increased by 49% to X units in 2022. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of mattresses other than of cellular rubber or plastics contracted to $X in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Qatar prevails in plastics structure, accounting for X units, which was approx. 77% of total imports in 2022. It was distantly followed by the United Arab Emirates (X units), committing a 6.6% share of total imports. Bahrain (X units), Iraq (X units), Kuwait (X units) and Israel (X units) followed a long way behind the leaders.

Qatar was also the fastest-growing in terms of the mattresses other than of cellular rubber or plastics imports, with a CAGR of +45.5% from 2012 to 2022. At the same time, Bahrain (+24.5%), Iraq (+9.1%), Kuwait (+8.5%), Israel (+8.4%) and the United Arab Emirates (+1.8%) displayed positive paces of growth. Qatar (+67 p.p.) significantly strengthened its position in terms of the total imports, while Israel, Iraq, Kuwait and the United Arab Emirates saw its share reduced by -2.4%, -4.3%, -4.6% and -24.1% 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 ($X) constitutes the largest market for imported mattresses other than of cellular rubber or plastics in MENA, comprising 21% of total imports. The second position in the ranking was held by Israel ($X), with a 9.8% share of total imports. It was followed by Kuwait, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at +4.9%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+8.9% per year) and Kuwait (+8.2% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, which is down by -36.8% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 6.7% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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