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

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

In 2022, the Portuguese market for mattresses other than of cellular rubber or plastics decreased by -23% to $X, falling for the fifth year in a row after two years of growth. In general, consumption continues to indicate a pronounced decrease. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

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

In value terms, production of mattresses other than of cellular rubber or plastics fell to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Portugal

For the third consecutive year, Portugal recorded growth in shipments abroad of mattresses other than of cellular rubber or plastics, which increased by 52% to X units in 2022. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 107% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of mattresses other than of cellular rubber or plastics dropped markedly to $X in 2022. In general, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

France (X units), Spain (X units) and Germany (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Portugal, with a combined 76% share of total exports. Italy, Taiwan (Chinese), Sweden, the Netherlands, the United States, Switzerland and Angola lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +139.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Germany ($X) were the largest markets for mattresses other than of cellular rubber or plastics exported from Portugal worldwide, together accounting for 76% of total exports. Italy, Taiwan (Chinese), Sweden, the Netherlands, the United States, Switzerland and Angola lagged somewhat behind, together comprising a further 15%.

Taiwan (Chinese), with a CAGR of +102.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, reducing by -45.2% against the previous year. In general, the export price recorded a deep setback. The growth pace was the most rapid in 2017 when the average export price increased by 39%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per unit) and Taiwan (Chinese) ($X per unit), while the average price for exports to France ($X per unit) and Spain ($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 the Netherlands (-5.7%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Portugal

In 2022, after five years of growth, there was significant decline in overseas purchases of mattresses other than of cellular rubber or plastics, when their volume decreased by -38.5% to X units. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 122% against the previous year. As a result, imports reached the peak of X units, and then plummeted in the following year.

In value terms, imports of mattresses other than of cellular rubber or plastics rose sharply to $X in 2022. Overall, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Spain (X units), Croatia (X units) and Romania (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Portugal, together comprising 76% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +684.6%), 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 suppliers to Portugal were Spain ($X), Croatia ($X) and Romania ($X), together comprising 76% of total imports.

Romania, with a CAGR of +677.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for mattresses other than of cellular rubber or plastics amounted to $X per unit, rising by 83% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($X per unit) and Croatia ($X per unit), while the price for Germany ($X per unit) and Romania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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