Australia and Oceania: Market for Mattresses of cellular rubber or plastics 2024

Exports of Mattresses of cellular rubber or plastics

Exports in Australia and Oceania

In 2022, overseas shipments of mattresses of cellular rubber or plastics were finally on the rise to reach X units after two years of decline. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 635% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mattresses of cellular rubber or plastics rose notably to $X in 2022. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 307% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Australia was the main exporter of mattresses of cellular rubber or plastics in Australia and Oceania, with the volume of exports accounting for X units, which was near 66% of total exports in 2022. New Zealand (X units) ranks second in terms of the total exports with an 18% share, followed by Fiji (15%).

From 2012 to 2022, average annual rates of growth with regard to mattresses of cellular rubber or plastics exports from Australia stood at +9.7%. At the same time, Fiji (+12.1%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +12.1% from 2012-2022. By contrast, New Zealand (-5.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia and Fiji increased by +23 and +15 percentage points, respectively.

In value terms, Australia ($X) remains the largest mattresses of cellular rubber or plastics supplier in Australia and Oceania, comprising 73% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +6.0%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+3.6% per year) and Fiji (+11.2% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with a decrease of -24.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by 88%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.4%), while the other leaders experienced a decline in the export price figures.

Imports of Mattresses of cellular rubber or plastics

Imports in Australia and Oceania

In 2022, purchases abroad of mattresses of cellular rubber or plastics increased by 19% to X units, rising for the third consecutive year after three years of decline. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, imports of mattresses of cellular rubber or plastics soared to $X in 2022. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 30%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Australia prevails in plastics structure, accounting for X units, which was near 91% of total imports in 2022. It was distantly followed by New Zealand (X units), achieving a 6.4% share of total imports.

Imports into Australia increased at an average annual rate of +4.3% from 2012 to 2022. At the same time, New Zealand (+7.3%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +7.3% from 2012-2022. New Zealand (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported mattresses of cellular rubber or plastics in Australia and Oceania, comprising 90% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 8.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +9.9%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, flattening at the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mattresses of cellular rubber or plastics increased by +93.6% against 2013 indices. The pace of growth was the most pronounced in 2014 an increase of 23%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.3%).

Source: IndexBox Platform

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