Benelux: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Benelux

The Benelux market for mattresses of cellular rubber or plastics surged to $X in 2022, increasing by 20% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +26.6% against 2019 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Production of Mattresses of cellular rubber or plastics in Benelux

In value terms, production of mattresses of cellular rubber or plastics reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 38% against the previous year. Over the period under review, production of attained 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 in Benelux

In 2022, after three years of growth, there was significant decline in overseas shipments of mattresses of cellular rubber or plastics, when their volume decreased by -44.5% to X units. Overall, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of X units, and then shrank notably in the following year.

In value terms, exports of mattresses of cellular rubber or plastics reduced markedly to $X in 2022. In general, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by 24%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium represented the key exporting country with an export of about X units, which finished at 63% of total exports. It was distantly followed by the Netherlands (X units), making up a 37% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of -3.4%).

In value terms, the largest mattresses of cellular rubber or plastics supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of -2.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, with an increase of 39% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the export price increased by 60% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%).

Imports of Mattresses of cellular rubber or plastics

Imports in Benelux

In 2022, after two years of growth, there was significant decline in supplies from abroad of mattresses of cellular rubber or plastics, when their volume decreased by -36.6% to X units. Over the period under review, imports, however, showed temperate growth. The growth pace was the most rapid in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of X units, and then contracted markedly in the following year.

In value terms, imports of mattresses of cellular rubber or plastics declined to $X in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.0% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, the Netherlands (X units) represented the largest importer of mattresses of cellular rubber or plastics, achieving 77% of total imports. It was distantly followed by Belgium (X units), generating a 21% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the mattresses of cellular rubber or plastics imports, with a CAGR of +5.5% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. Luxembourg (-4.3%) illustrated a downward trend over the same period. While the share of the Netherlands (+12 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Luxembourg (-2.8 p.p.) and Belgium (-9.3 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported mattresses of cellular rubber or plastics in Benelux, comprising 77% of total imports. The second position in the ranking was held by Belgium ($X), with a 21% share of total imports.

In the Netherlands, imports of mattresses of cellular rubber or plastics increased at an average annual rate of +5.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (-0.2% per year) and Luxembourg (-4.4% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, growing by 48% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform