Belgium: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Belgium

In 2022, the Belgian market for mattresses of cellular rubber or plastics increased by 8.8% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Mattresses of cellular rubber or plastics in Belgium

In value terms, production of mattresses of cellular rubber or plastics shrank modestly to $X in 2022 estimated in export price. In general, production, however, saw a mild decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by 38%. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports from Belgium

Exports of mattresses of cellular rubber or plastics from Belgium reduced markedly to X units in 2022, dropping by -44.2% compared with the year before. In general, exports recorded a pronounced reduction. The growth pace was the most rapid in 2019 when exports increased by 25%. Over the period under review, the exports of reached the maximum at X units in 2021, and then contracted dramatically in the following year.

In value terms, exports of mattresses of cellular rubber or plastics declined markedly to $X in 2022. Over the period under review, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 16%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), the Netherlands (X units) and Italy (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from Belgium, together accounting for 85% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +96.3%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for mattresses of cellular rubber or plastics exported from Belgium were France ($X), the Netherlands ($X) and Italy ($X), with a combined 85% share of total exports.

Italy, with a CAGR of +98.0%, recorded the highest growth rate of 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

The average export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, picking up by 42% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per unit) and Denmark ($X per unit), while the average price for exports to Italy ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Belgium

In 2022, purchases abroad of mattresses of cellular rubber or plastics decreased by -63.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. As a result, imports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, imports of mattresses of cellular rubber or plastics declined remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 57%. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of mattresses of cellular rubber or plastics to Belgium, accounting for a 57% share of total imports. Moreover, imports of mattresses of cellular rubber or plastics from the Netherlands exceeded the figures recorded by the second-largest supplier, Poland (X units), sixfold. The third position in this ranking was taken by France (X units), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-11.3% per year) and France (-3.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of mattresses of cellular rubber or plastics to Belgium, comprising 57% of total imports. The second position in the ranking was held by Poland ($X), with a 9.7% share of total imports. It was followed by France, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-11.4% per year) and France (-3.8% per year).

Import Prices by Country

The average import price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, rising by 67% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Croatia ($X per unit) and the Netherlands ($X per unit), while the price for the UK ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :