Turkey: Mattress Support Market 2024

Mattress Support Market Size in Turkey

The Turkish mattress support market totaled $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Mattress Support Production in Turkey

In value terms, mattress support production dropped significantly to $X in 2022 estimated in export price. In general, production, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Mattress support production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Mattress Support Exports

Exports from Turkey

In 2022, overseas shipments of mattress supports decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then reduced remarkably in the following year.

In value terms, mattress support exports contracted rapidly to $X in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

The UK (X units) was the main destination for mattress support exports from Turkey, with a X% share of total exports. Moreover, mattress support exports to the UK exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Bulgaria (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Bulgaria (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for mattress supports exports from Turkey, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Bulgaria (X% per year).

Export Prices by Country

In 2022, the average mattress support export price amounted to $X per unit, declining by X% against the previous year. In general, the export price saw a deep contraction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%), while the prices for the other major destinations experienced a decline.

Mattress Support Imports

Imports into Turkey

In 2022, after two years of growth, there was significant decline in supplies from abroad of mattress supports, when their volume decreased by X% to X units. In general, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, mattress support imports soared to $X in 2022. Over the period under review, imports, however, posted a mild increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Poland (X units) constituted the largest mattress support supplier to Turkey, accounting for a X% share of total imports. Moreover, mattress support imports from Poland exceeded the figures recorded by the second-largest supplier, Lithuania (X units), twofold. Norway (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Norway (X% per year).

In value terms, the largest mattress support suppliers to Turkey were Poland ($X), Lithuania ($X) and Norway ($X), with a combined X% share of total imports.

Norway, with a CAGR of X%, recorded the highest rates of growth with regard to 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 mattress support import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, recorded a mild contraction. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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