Benelux: Mattress Support Market 2024

Mattress Support Market Size in Benelux

The Benelux mattress support market fell to $X in 2021, waning by -9.6% against the previous year. In general, consumption saw a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Mattress Support Production in Benelux

In value terms, mattress support production skyrocketed to $X in 2021 estimated in export price. Overall, production showed a slight curtailment. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Mattress Support Exports

Exports in Benelux

For the fourth year in a row, Benelux recorded growth in overseas shipments of mattress supports, which increased by 13% to X units in 2021. Total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +105.3% against 2012 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 25%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, mattress support exports rose notably to $X in 2021. The total export value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by 16%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Belgium was the key exporting country with an export of about X units, which reached 61% of total exports. It was distantly followed by the Netherlands (X units), constituting a 39% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of +10.7%).

In value terms, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021.

The Netherlands, with a CAGR of +5.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, reducing by -3.2% against the previous year. Overall, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 5.5% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-4.5%).

Mattress Support Imports

Imports in Benelux

In 2021, the amount of mattress supports imported in Benelux totaled X units, standing approx. at 2020. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.8% against 2014 indices. The growth pace was the most rapid in 2019 when imports increased by 25%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, mattress support imports rose modestly to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 21%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X units) represented the largest importer of mattress supports, achieving 83% of total imports. It was distantly followed by Belgium (X units), mixing up a 16% share of total imports.

The Netherlands was also the fastest-growing in terms of the mattress supports imports, with a CAGR of +8.0% from 2012 to 2021. Belgium (-4.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+21 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-20.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported mattress supports in Benelux, comprising 77% of total imports. The second position in the ranking was taken by Belgium ($X), with a 21% share of total imports.

In the Netherlands, mattress support imports increased at an average annual rate of +2.9% over the period from 2012-2021.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, picking up by 1.9% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2018 an increase of 3.4% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.6%).

Source: IndexBox Platform