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

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

For the fourth consecutive year, the Moroccan market for mattresses other than of cellular rubber or plastics recorded growth in sales value, which increased by 20% to $X in 2022. Over the period under review, consumption enjoyed a significant expansion. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

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

In value terms, production of mattresses other than of cellular rubber or plastics stood at $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 152,187,300% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Morocco

In 2022, exports of mattresses other than of cellular rubber or plastics from Morocco dropped sharply to X units, which is down by -28.7% on 2021 figures. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2016 with an increase of 116% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics contracted to $X in 2022. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 85% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Morocco, accounting for a 41% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to Spain exceeded the volume sent to the second major destination, Tunisia (X units), threefold. France (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+3.8% per year) and France (-12.7% per year).

In value terms, Spain ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from Morocco, comprising 41% of total exports. The second position in the ranking was taken by Tunisia ($X), with a 14% share of total exports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+19.5% per year) and France (-6.6% per year).

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, surging by 23% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 88%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Equatorial Guinea ($X per unit) and Belgium ($X per unit), while the average price for exports to Guinea ($X per unit) and Mauritania ($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 Tunisia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Morocco

In 2022, overseas purchases of mattresses other than of cellular rubber or plastics increased by 14% to X units, rising for the fourth consecutive year after two years of decline. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 163%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of mattresses other than of cellular rubber or plastics surged to $X in 2022. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 85% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Italy (X units), Turkey (X units) and Romania (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Morocco, together comprising 65% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +146.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Turkey ($X) and Romania ($X) constituted the largest mattresses other than of cellular rubber or plastics suppliers to Morocco, together comprising 65% of total imports.

Among the main suppliers, Romania, with a CAGR of +155.0%, saw the highest growth rate of 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 average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, surging by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 39%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Portugal ($X per unit), while the price for Spain ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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