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

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

For the third consecutive year, the Ukrainian market for mattresses other than of cellular rubber or plastics recorded growth in sales value, which increased by 32% to $X in 2022. Over the period under review, consumption enjoyed a prominent increase. Consumption of peaked in 2022 and is expected to retain growth in the near future.

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

In value terms, production of mattresses other than of cellular rubber or plastics totaled less than $X in 2022 estimated in export price. In general, production recorded a sharp decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 98% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Ukraine

In 2022, the amount of mattresses other than of cellular rubber or plastics exported from Ukraine contracted significantly to X units, with a decrease of -34.2% against the previous year's figure. Over the period under review, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 35% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of mattresses other than of cellular rubber or plastics contracted sharply to $X in 2022. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 41%. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X units), Belgium (X units) and Moldova (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Ukraine, together accounting for 52% 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 +84.3%), 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 mattresses other than of cellular rubber or plastics exported from Ukraine worldwide, together accounting for 60% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +86.9%, saw the highest growth rate of 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

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, with a decrease of -22.9% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mattresses other than of cellular rubber or plastics decreased by -33.0% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Lithuania ($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 Russia (+8.1%), 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 Ukraine

After two years of growth, purchases abroad of mattresses other than of cellular rubber or plastics decreased by -67% to X units in 2022. In general, imports saw a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 55% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of mattresses other than of cellular rubber or plastics shrank significantly to $X in 2022. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then shrank sharply in the following year.

Imports by Country

Turkey (X units), Poland (X units) and Russia (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Ukraine, together accounting for 73% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +17.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), Poland ($X) and Russia ($X) were the largest mattresses other than of cellular rubber or plastics suppliers to Ukraine, together accounting for 73% of total imports.

Among the main suppliers, Turkey, with a CAGR of +21.5%, saw 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 import price for mattresses other than of cellular rubber or plastics amounted to $X per unit, rising by 3.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2015 an increase of 41%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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