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

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

In 2022, the Australian market for mattresses other than of cellular rubber or plastics increased by 9.1% to $X, rising for the sixth consecutive year after two years of decline. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +78.5% against 2016 indices. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Australia

In 2022, overseas shipments of mattresses other than of cellular rubber or plastics increased by 23% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 139% against the previous year. Over the period under review, the exports of reached the maximum at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics expanded markedly to $X in 2022. Overall, exports showed strong growth. The growth pace was the most rapid in 2017 with an increase of 145% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units), China (X units) and Japan (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Australia, together comprising 89% of total exports. Papua New Guinea, Hong Kong SAR, Fiji and the United States lagged somewhat behind, together comprising a further 6.4%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Fiji (with a CAGR of +102.6%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from Australia, comprising 45% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 21% share of total exports. It was followed by New Zealand, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+59.4% per year) and New Zealand (+6.5% per year).

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, which is down by -12.1% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 an increase of 31%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to the United States ($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 Hong Kong SAR (+9.6%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Australia

In 2022, approx. X units of mattresses other than of cellular rubber or plastics were imported into Australia; growing by 14% against the year before. The total import volume increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 31% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mattresses other than of cellular rubber or plastics rose sharply to $X in 2022. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by 39%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of mattresses other than of cellular rubber or plastics to Australia, accounting for a approx. 96% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +1.1%.

In value terms, China ($X) constituted the largest supplier of mattresses other than of cellular rubber or plastics to Australia.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.7%.

Import Prices by Country

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, falling by -5.3% against the previous year. In general, the import price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.4% per year.

Source: IndexBox Platform

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