Belgium: Mattress Support Market 2024

Mattress Support Market Size in Belgium

The Belgian mattress support market contracted notably to $X in 2021, declining by -22.2% against the previous year. In general, consumption recorded a abrupt contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Mattress Support Production in Belgium

In value terms, mattress support production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 12% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Mattress Support Exports

Exports from Belgium

In 2021, the amount of mattress supports exported from Belgium expanded rapidly to X units, surging by 6.7% against the previous year. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +19.2% against 2016 indices. The pace of growth appeared the most rapid in 2016 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, mattress support exports amounted to $X in 2021. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013 when exports increased by 13%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X units), the Netherlands (X units) and Germany (X units) were the main destinations of mattress support exports from Belgium, together comprising 97% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +9.7%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for mattress support exported from Belgium worldwide, together comprising 92% of total exports.

Germany, with a CAGR of +4.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average mattress support export price amounted to $X per unit, with a decrease of -5% against the previous year. In general, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 an increase of 5.4% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, 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 Germany ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.1%), while the prices for the other major destinations experienced a decline.

Mattress Support Imports

Imports into Belgium

In 2021, supplies from abroad of mattress supports decreased by -18.1% to X units, falling for the fifth consecutive year after two years of growth. Over the period under review, imports recorded a perceptible decline. The pace of growth appeared the most rapid in 2016 with an increase of 17% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, mattress support imports shrank slightly to $X in 2021. Overall, imports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2016 with an increase of 4.9%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of mattress support to Belgium, with a 47% share of total imports. Moreover, mattress support imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The third position in this ranking was taken by China (X units), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-11.8% per year) and China (+14.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of mattress supports to Belgium, comprising 44% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports. It was followed by China, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-3.2% per year) and China (+16.6% per year).

Import Prices by Country

The average mattress support import price stood at $X per unit in 2021, with an increase of 20% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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