Brazil: Mattress Support Market 2024

Mattress Support Market Size in Brazil

In 2021, after two years of decline, there was significant growth in the Brazilian mattress support market, when its value increased by 7.7% to $X. Overall, consumption, however, showed a deep contraction. The most prominent rate of growth was recorded in 2018 when the market value increased by 8% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Mattress Support Production in Brazil

In value terms, mattress support production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 9%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Mattress Support Exports

Exports from Brazil

In 2021, overseas shipments of mattress supports decreased by -10.5% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2015 with an increase of 118% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, mattress support exports totaled $X in 2021. In general, exports, however, showed strong growth. The growth pace was the most rapid in 2016 with an increase of 98% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) was the main destination for mattress support exports from Brazil, accounting for a 57% share of total exports. Moreover, mattress support exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X units), threefold. Paraguay (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay amounted to +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+56.1% per year) and Paraguay (+24.2% per year).

In value terms, Uruguay ($X) remains the key foreign market for mattress supports exports from Brazil, comprising 56% of total exports. The second position in the ranking was held by Bolivia ($X), with a 19% share of total exports. It was followed by Paraguay, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uruguay stood at +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+42.8% per year) and Paraguay (+16.3% per year).

Export Prices by Country

In 2021, the average mattress support export price amounted to $X per unit, rising by 17% against the previous year. Overall, the export price, however, showed a abrupt contraction. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Argentina ($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 Chile (-2.7%), while the prices for the other major destinations experienced a decline.

Mattress Support Imports

Imports into Brazil

In 2021, after two years of growth, there was significant decline in supplies from abroad of mattress supports, when their volume decreased by -69.3% to X units. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 524%. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, mattress support imports contracted notably to $X in 2021. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 196%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of mattress support to Brazil, accounting for a 77% share of total imports. Moreover, mattress support imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), sixfold.

From 2012 to 2021, the average annual growth rate of volume from China stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+92.7% per year) and the Netherlands (-0.0% per year).

In value terms, the largest mattress support suppliers to Brazil were China ($X), Spain ($X) and the Netherlands ($X), together comprising 90% of total imports.

Among the main suppliers, Spain, with a CAGR of +85.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average mattress support import price amounted to $X per unit, picking up by 102% against the previous year. Over the period under review, the import price posted a mild expansion. The growth pace was the most rapid in 2018 when the average import price increased by 258%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :