Report Update Nov 1, 2024

Azerbaijan - Mattress Supports - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Mattress Support Market 2024

Mattress Support Market Size in Azerbaijan

In 2021, the Azerbaijani mattress support market decreased by -24.1% to $X, falling for the third year in a row after three years of growth. In general, consumption recorded a relatively flat trend pattern. Mattress support consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Mattress Support Exports

Exports from Azerbaijan

In 2021, after three years of growth, there was significant decline in shipments abroad of mattress supports, when their volume decreased by -82.1% to X units. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 4,067% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020, and then shrank significantly in the following year.

In value terms, mattress support exports declined notably to $X in 2021. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 1,825% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for mattress support exports from Azerbaijan, accounting for a 63% share of total exports. Moreover, mattress support exports to Russia exceeded the volume sent to the second major destination, Denmark (X units), twofold. The third position in this ranking was held by Turkey (X units), with a 4.6% share.

From 2013 to 2021, the average annual rate of growth in terms of volume to Russia stood at +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (0.0% per year) and Turkey (-1.7% per year).

In value terms, the largest markets for mattress support exported from Azerbaijan were Russia ($X), Denmark ($X) and Turkey ($X), with a combined 91% share of total exports.

Russia, with a CAGR of +49.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average mattress support export price amounted to $X per unit, picking up by 120% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2019 an increase of 153%. 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Mattress Support Imports

Imports into Azerbaijan

In 2021, purchases abroad of mattress supports decreased by -30.9% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 203%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, mattress support imports declined significantly to $X in 2021. Overall, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 170%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Georgia (X units), Turkey (X units) and Denmark (X units) were the main suppliers of mattress support imports to Azerbaijan, together accounting for 77% of total imports.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of +133.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Georgia ($X) and Denmark ($X) constituted the largest mattress support suppliers to Azerbaijan, together accounting for 57% of total imports.

Georgia, with a CAGR of +231.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mattress support import price amounted to $X per unit, surging by 6.3% against the previous year. Overall, the import price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2014 an increase of 93% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Georgia (+42.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mattress supports in the world?

The countries with the highest volumes of mattress support consumption in 2021 were China, the United States and India, together accounting for 39% of global consumption.

What are the largest producers of mattress supports in the world?

The country with the largest volume of mattress support production was China, comprising approx. 23% of total volume. Moreover, mattress support production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of mattress supports to Azerbaijan?

In value terms, Turkey, Georgia and Poland were the largest mattress support suppliers to Azerbaijan, with a combined 52% share of total imports.

What are the leading importers of mattress supports from Azerbaijan?

In value terms, the largest markets for mattress support exported from Azerbaijan were Georgia $400), the United States $203) and Denmark $189), with a combined 81% share of total exports.

What is the average export price for mattress supports in Azerbaijan?

The average mattress support export price stood at $0.5 per unit in 2021, falling by -88.7% against the previous year.

What is the average import price for mattress supports in Azerbaijan?

In 2021, the average mattress support import price amounted to $3.5 per unit, increasing by 7.8% against the previous year.

This report provides an in-depth analysis of the mattress support market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31031100 - Mattress supports (including wooden or metal frames fitted with springs or steel wire mesh, upholstered mattress bases, w ith wooden slats, divans)

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023