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

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

For the third year in a row, the Bahraini market for mattresses other than of cellular rubber or plastics recorded growth in sales value, which increased by 6.6% to $X in 2022. In general, consumption showed buoyant growth. 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 Bahrain

In 2022, after two years of growth, there was significant decline in shipments abroad of mattresses other than of cellular rubber or plastics, when their volume decreased by -98.8% to X units. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2018 with an increase of 2,534%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics dropped dramatically to $X in 2022. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 1,451% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Bahrain, with a 34% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to the United Arab Emirates exceeded the volume sent to the second major destination, Sudan (X units), threefold. The third position in this ranking was taken by Yemen (X units), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at -23.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-76.8% per year) and Yemen (-33.2% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for mattresses other than of cellular rubber or plastics exports from Bahrain, comprising 32% of total exports. The second position in the ranking was taken by Sudan ($X), with an 11% share of total exports. It was followed by Kuwait, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at -13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-13.0% per year) and Kuwait (-39.4% per year).

Export Prices by Country

The average export price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, with an increase of 542% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to Yemen ($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 Sudan (+274.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Bahrain

In 2022, the amount of mattresses other than of cellular rubber or plastics imported into Bahrain expanded significantly to X units, surging by 9% on the previous year. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 160%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of mattresses other than of cellular rubber or plastics declined to $X in 2022. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 60% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X units) constituted the largest mattresses other than of cellular rubber or plastics supplier to Bahrain, with a 81% share of total imports. Moreover, imports of mattresses other than of cellular rubber or plastics from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+52.2% per year) and China (+13.1% per year).

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and China ($X) constituted the largest mattresses other than of cellular rubber or plastics suppliers to Bahrain, with a combined 72% share of total imports.

The United Arab Emirates, with a CAGR of +28.9%, saw the highest rates of growth with regard to 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

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, falling by -10.5% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 34%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Saudi Arabia ($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 (+0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform