Southern Asia: Mattress Support Market 2024

Mattress Support Market Size in Southern Asia

The South Asian mattress support market dropped to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated resilient growth 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 decreased by X% against 2016 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Mattress Support Production in Southern Asia

In value terms, mattress support production dropped modestly to $X in 2022 estimated in export price. The total production indicated buoyant growth 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Mattress Support Exports

Exports in Southern Asia

In 2022, overseas shipments of mattress supports increased by X% to X units, rising for the second year in a row after eight years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mattress support exports soared to $X in 2022. Overall, exports enjoyed a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India dominates exports structure, recording X units, which was near X% of total exports in 2022. Sri Lanka (X units) held a relatively small share of total exports.

India experienced a relatively flat trend pattern with regard to volume of exports of mattress supports. At the same time, Sri Lanka (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Sri Lanka (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest mattress support supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, declining by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per unit), while India totaled $X per unit.

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

Mattress Support Imports

Imports in Southern Asia

In 2022, approx. X units of mattress supports were imported in Southern Asia; shrinking by X% on the year before. Over the period under review, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, mattress support imports declined significantly to $X in 2022. Overall, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

India was the main importing country with an import of about X units, which accounted for X% of total imports. Sri Lanka (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%), Bhutan (X%) and Bangladesh (X%). The following importers - Pakistan (X units) and Afghanistan (X units) - together made up X% of total imports.

Imports into India decreased at an average annual rate of X% from 2012 to 2022. At the same time, Nepal (X%), Pakistan (X%), Afghanistan (X%), Bangladesh (X%) and Bhutan (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. Nepal (X p.p.), Bangladesh (X p.p.), Bhutan (X p.p.), Pakistan (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total imports, while India and Sri Lanka saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported mattress supports in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Nepal ($X), with an X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India stood at X%. In the other countries, the average annual rates were as follows: Nepal (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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