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

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

After two years of growth, the MERCOSUR market for mattresses other than of cellular rubber or plastics decreased by -30.5% to $X in 2022. Overall, consumption recorded a slight decline. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

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

In value terms, production of mattresses other than of cellular rubber or plastics declined remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 1,830% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports in MERCOSUR

In 2022, after three years of growth, there was significant decline in shipments abroad of mattresses other than of cellular rubber or plastics, when their volume decreased by -16.1% to X units. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 36%. Over the period under review, the exports of reached the peak figure at X units in 2021, and then fell significantly in the following year.

In value terms, exports of mattresses other than of cellular rubber or plastics shrank dramatically to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Brazil dominates plastics structure, finishing at X units, which was approx. 83% of total exports in 2022. It was distantly followed by Chile (X units), generating an 8.1% share of total exports. Paraguay (X units), Colombia (X units) and Argentina (X units) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the mattresses other than of cellular rubber or plastics exports, with a CAGR of +12.8% from 2012 to 2022. Colombia (-2.8%), Paraguay (-7.8%), Chile (-11.0%) and Argentina (-14.7%) illustrated a downward trend over the same period. Brazil (+51 p.p.) significantly strengthened its position in terms of the total exports, while Colombia, Paraguay, Argentina and Chile saw its share reduced by -1.6%, -7%, -10.2% and -25.1% from 2012 to 2022, respectively.

In value terms, Brazil ($X) remains the largest mattresses other than of cellular rubber or plastics supplier in MERCOSUR, comprising 76% of total exports. The second position in the ranking was held by Chile ($X), with an 11% share of total exports. It was followed by Colombia, with a 5.3% share.

In Brazil, exports of mattresses other than of cellular rubber or plastics expanded at an average annual rate of +13.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (-16.0% per year) and Colombia (+8.2% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, leveling off at the previous year. In general, the export price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 an increase of 28% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.3%), while the other leaders experienced more modest paces of growth.

Imports of Mattresses other than of cellular rubber or plastics

Imports in MERCOSUR

In 2022, overseas purchases of mattresses other than of cellular rubber or plastics decreased by -45.6% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed mild growth. The pace of growth appeared the most rapid in 2020 when imports increased by 47% against the previous year. The volume of import peaked at X units in 2021, and then declined significantly in the following year.

In value terms, imports of mattresses other than of cellular rubber or plastics declined significantly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 64%. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, Chile (X units), distantly followed by Brazil (X units), Uruguay (X units), Peru (X units) and Colombia (X units) were the major importers of mattresses other than of cellular rubber or plastics, together generating 88% of total imports. Guyana (X units) and Argentina (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of +8.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mattresses other than of cellular rubber or plastics importing markets in MERCOSUR were Uruguay ($X), Chile ($X) and Guyana ($X), together accounting for 69% of total imports.

Among the main importing countries, Guyana, with a CAGR of +15.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, growing by 38% against the previous year. In general, the import price, however, continues to indicate a mild shrinkage. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Guyana ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (+17.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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