Australia: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Australia

For the third consecutive year, the Australian market for mattresses of cellular rubber or plastics recorded growth in sales value, which increased by 21% to $X in 2022. Over the period under review, consumption saw a strong expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Mattresses of cellular rubber or plastics

Exports from Australia

In 2022, the amount of mattresses of cellular rubber or plastics exported from Australia skyrocketed to X units, increasing by 53% against the year before. Overall, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 when exports increased by 850%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mattresses of cellular rubber or plastics surged to $X in 2022. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 468% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

New Zealand (X units), China (X units) and Thailand (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from Australia, with a combined 86% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +26,777.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattresses of cellular rubber or plastics exported from Australia were China ($X), New Zealand ($X) and Thailand ($X), with a combined 90% share of total exports.

Among the main countries of destination, Thailand, with a CAGR of +29,912.7%, recorded 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 of cellular rubber or plastics amounted to $X per unit, dropping by -13.1% against the previous year. Over the period under review, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2020 an increase of 125% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 China ($X per unit), while the average price for exports to Thailand ($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 Thailand (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Australia

In 2022, overseas purchases of mattresses of cellular rubber or plastics increased by 20% to X units, rising for the third consecutive year after three years of decline. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of mattresses of cellular rubber or plastics surged to $X in 2022. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest mattresses of cellular rubber or plastics supplier to Australia, with a 73% share of total imports. Moreover, imports of mattresses of cellular rubber or plastics from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+15.3% per year) and Thailand (+29.0% per year).

In value terms, China ($X) constituted the largest supplier of mattresses of cellular rubber or plastics to Australia, comprising 62% of total imports. The second position in the ranking was taken by Denmark ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+8.0% per year) and Thailand (+29.2% per year).

Import Prices by Country

In 2022, the average import price for mattresses of cellular rubber or plastics amounted to $X per unit, rising by 1.9% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +104.1% against 2013 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 24%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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