Canada: Market for Mattresses other than of cellular rubber or plastics 2024

Market Size for Mattresses other than of cellular rubber or plastics in Canada

The Canadian market for mattresses other than of cellular rubber or plastics dropped modestly to $X in 2022, which is down by -4.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2021, and then dropped slightly in the following year.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Canada

For the fourth consecutive year, Canada recorded growth in overseas shipments of mattresses other than of cellular rubber or plastics, which increased by 15% to X units in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 92%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of mattresses other than of cellular rubber or plastics reduced markedly to $X in 2022. Over the period under review, exports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 29%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Canada, accounting for a 69% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to the United States exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), sevenfold. The third position in this ranking was taken by France (X units), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+4.3% per year) and France (+51.2% per year).

In value terms, the United States ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from Canada, comprising 69% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 9.7% share of total exports. It was followed by France, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+0.7% per year) and France (+46.0% per year).

Export Prices by Country

The average export price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, shrinking by -40.4% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2015 an increase of 93%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per unit) and Hong Kong SAR ($X per unit), while the average price for exports to the United States ($X per unit) and France ($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 Japan (+2.8%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Canada

In 2022, supplies from abroad of mattresses other than of cellular rubber or plastics decreased by -19.9% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 30%. Over the period under review, imports of reached the maximum at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of mattresses other than of cellular rubber or plastics expanded notably to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 12% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest mattresses other than of cellular rubber or plastics supplier to Canada, with a 64% share of total imports. Moreover, imports of mattresses other than of cellular rubber or plastics from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was taken by Cambodia (X units), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.2% per year) and Cambodia (+47.3% per year).

In value terms, the largest mattresses other than of cellular rubber or plastics suppliers to Canada were the United States ($X), China ($X) and Mexico ($X), with a combined 87% share of total imports. Cambodia and India lagged somewhat behind, together accounting for a further 2.4%.

Among the main suppliers, Cambodia, with a CAGR of +57.2%, recorded the highest rates of growth with regard to 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 other than of cellular rubber or plastics amounted to $X per unit, surging by 34% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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