Argentina: Mattress Support Market 2024

Mattress Support Market Size in Argentina

The Argentinian mattress support market amounted to $X in 2021, increasing by 6.6% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Mattress Support Production in Argentina

In value terms, mattress support production amounted to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 24%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Mattress Support Exports

Exports from Argentina

In 2021, exports of mattress supports from Argentina contracted markedly to X units, falling by -25% compared with the previous year. In general, exports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2017 when exports increased by 44% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, mattress support exports contracted markedly to $X in 2021. Over the period under review, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2013 with an increase of 47% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X units), Uruguay (X units) and Paraguay (X units) were the main destinations of mattress support exports from Argentina, with a combined 95% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +34.5%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for mattress support exported from Argentina were Chile ($X), Uruguay ($X) and Brazil ($X), together comprising 89% of total exports.

Among the main countries of destination, Chile, with a CAGR of +26.9%, 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 a decline.

Export Prices by Country

The average mattress support export price stood at $X per unit in 2021, declining by -24.8% against the previous year. Overall, the export price saw a abrupt downturn. The growth pace was the most rapid in 2013 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Uruguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.6%), while the prices for the other major destinations experienced a decline.

Mattress Support Imports

Imports into Argentina

Mattress support imports into Argentina contracted sharply to X units in 2021, which is down by -39.8% compared with the previous year. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 282%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, mattress support imports shrank sharply to $X in 2021. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 220%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Chile (X units) constituted the largest supplier of mattress support to Argentina, with a 81% share of total imports. Moreover, mattress support imports from Chile exceeded the figures recorded by the second-largest supplier, Brazil (X units), sevenfold. The third position in this ranking was taken by Paraguay (X units), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume from Chile totaled +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+25.7% per year) and Paraguay (+2.7% per year).

In value terms, Chile ($X) constituted the largest supplier of mattress supports to Argentina, comprising 77% of total imports. The second position in the ranking was taken by Brazil ($X), with an 8.4% share of total imports. It was followed by Paraguay, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value from Chile amounted to +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+16.2% per year) and Paraguay (+0.7% per year).

Import Prices by Country

In 2021, the average mattress support import price amounted to $X per unit, picking up by 7.4% against the previous year. Over the period under review, the import price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 19% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+19.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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