Ukraine: Mattress Market 2024

Mattress Market Size in Ukraine

In 2022, the Ukrainian mattress market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then shrank slightly in the following year.

Mattress Production in Ukraine

In value terms, mattress production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Mattress production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mattress Exports

Exports from Ukraine

In 2022, the amount of mattresses exported from Ukraine dropped rapidly to X units, reducing by X% on the previous year's figure. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, mattress exports declined dramatically to $X in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X units), Moldova (X units) and Belgium (X units) were the main destinations of mattress exports from Ukraine, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Moldova ($X) and Belgium ($X) constituted the largest markets for mattress exported from Ukraine worldwide, together comprising X% of total exports.

Among the main countries of destination, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mattress export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price 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, mattress export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per unit) and Slovenia ($X per unit), while the average price for exports to Germany ($X per unit) and Moldova ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mattress Imports

Imports into Ukraine

In 2022, overseas purchases of mattresses decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, mattress imports declined notably to $X in 2022. In general, imports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted markedly in the following year.

Imports by Country

Turkey (X units), Poland (X units) and China (X units) were the main suppliers of mattress imports to Ukraine, with a combined X% share of total imports. Spain, Slovakia, Italy, Russia and Belarus lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Poland ($X) and China ($X) appeared to be the largest mattress suppliers to Ukraine, together comprising X% of total imports. Spain, Slovakia, Italy, Russia and Belarus lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average mattress import price amounted to $X per unit, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum 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 Slovakia ($X per unit) and China ($X per unit), while the price for Russia ($X per unit) and Belarus ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform