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

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

In 2022, the Spanish market for mattresses other than of cellular rubber or plastics decreased by -93.9% to $X, falling for the second year in a row after four years of growth. Overall, consumption showed a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Spain

In 2022, shipments abroad of mattresses other than of cellular rubber or plastics decreased by -25.1% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 87% against the previous year. The exports peaked at X units in 2021, and then dropped sharply in the following year.

In value terms, exports of mattresses other than of cellular rubber or plastics contracted significantly to $X in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. As a result, the exports attained the peak of $X, and then reduced markedly in the following year.

Exports by Country

France (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Spain, accounting for a 51% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to France exceeded the volume sent to the second major destination, Portugal (X units), threefold. The United States (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+8.1% per year) and the United States (+104.0% per year).

In value terms, France ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from Spain, comprising 51% of total exports. The second position in the ranking was taken by Portugal ($X), with a 15% share of total exports. It was followed by the United States, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+10.0% per year) and the United States (+108.0% per year).

Export Prices by Country

The average export price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 an increase of 35%. As a result, the export price reached the peak level of $X per unit. From 2019 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 Andorra ($X per unit) and Italy ($X per unit), while the average price for exports to France ($X per unit) and Portugal ($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 United States (+2.0%), 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 Spain

In 2022, overseas purchases of mattresses other than of cellular rubber or plastics decreased by -42.2% to X units, falling for the second year in a row after five years of growth. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 77%. Over the period under review, imports of hit record highs at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of mattresses other than of cellular rubber or plastics fell remarkably to $X in 2022. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Imports peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

Portugal (X units), Romania (X units) and Poland (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Spain, together comprising 81% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +676.2%), 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 Spain were Portugal ($X), Romania ($X) and Poland ($X), with a combined 82% share of total imports.

Romania, with a CAGR of +766.0%, saw the highest growth rate of the value of imports, among the main suppliers 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, increasing by 45% against the previous year. Overall, the import price enjoyed a mild increase. The pace of growth appeared the most rapid in 2021 an increase of 78%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and France ($X per unit), while the price for Italy ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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