Bulgaria: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Bulgaria

In 2022, the Bulgarian market for mattresses of cellular rubber or plastics increased by 891% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Mattresses of cellular rubber or plastics in Bulgaria

In value terms, production of mattresses of cellular rubber or plastics reduced to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by 25% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports from Bulgaria

In 2022, after four years of growth, there was significant decline in overseas shipments of mattresses of cellular rubber or plastics, when their volume decreased by -39.4% to X units. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 267% against the previous year. Over the period under review, the exports of hit record highs at X units in 2021, and then declined significantly in the following year.

In value terms, exports of mattresses of cellular rubber or plastics reduced to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of 213% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Romania (X units), Denmark (X units) and Germany (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from Bulgaria, with a combined 67% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +135.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Denmark ($X) and Germany ($X) were the largest markets for mattresses of cellular rubber or plastics exported from Bulgaria worldwide, together comprising 67% of total exports.

Among the main countries of destination, Germany, with a CAGR of +137.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, jumping by 55% against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Bosnia and Herzegovina ($X per unit) and Serbia ($X per unit), while the average price for exports to Italy ($X per unit) and Hungary ($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 Hungary (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Bulgaria

After six years of growth, supplies from abroad of mattresses of cellular rubber or plastics decreased by -32.5% to X units in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 112% against the previous year. Imports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, imports of mattresses of cellular rubber or plastics expanded sharply to $X in 2022. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X units), Italy (X units) and Romania (X units) were the main suppliers of imports of mattresses of cellular rubber or plastics to Bulgaria, together accounting for 90% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +96.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Romania ($X) were the largest mattresses of cellular rubber or plastics suppliers to Bulgaria, together comprising 90% of total imports.

In terms of the main suppliers, China, with a CAGR of +96.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for mattresses of cellular rubber or plastics amounted to $X per unit, jumping by 66% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked 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 supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per unit) and China ($X per unit), while the price for Romania ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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