Cote d'Ivoire: Market for Mattresses other than of cellular rubber or plastics 2024

Market Size for Mattresses other than of cellular rubber or plastics in Cote d'Ivoire

The Cote d'Ivoire's market for mattresses other than of cellular rubber or plastics skyrocketed to $X in 2022, with an increase of 20% 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). In general, consumption recorded measured growth. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Cote d'Ivoire

After ten years of growth, shipments abroad of mattresses other than of cellular rubber or plastics decreased by -39.4% to X units in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 326% against the previous year. As a result, the exports reached the peak of X units, and then dropped notably in the following year.

In value terms, exports of mattresses other than of cellular rubber or plastics dropped remarkably to $X in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 334% against the previous year. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

Burkina Faso (X units), Mali (X units) and Nigeria (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Cote d'Ivoire, with a combined 72% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of +66.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattresses other than of cellular rubber or plastics exported from Cote d'Ivoire were Burkina Faso ($X), Mali ($X) and Nigeria ($X), with a combined 72% share of total exports.

Mali, with a CAGR of +141.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 other than of cellular rubber or plastics stood at $X per unit in 2022, remaining stable against the previous year. In general, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 56%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+59.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Cote d'Ivoire

Imports of mattresses other than of cellular rubber or plastics into Cote d'Ivoire skyrocketed to X units in 2022, increasing by 18% on the previous year's figure. Over the period under review, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 135% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of mattresses other than of cellular rubber or plastics reached $X in 2022. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2016 with an increase of 140%. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of mattresses other than of cellular rubber or plastics to Cote d'Ivoire, accounting for a 25% share of total imports. Moreover, imports of mattresses other than of cellular rubber or plastics from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The UK (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.0% per year) and the UK (+31.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of mattresses other than of cellular rubber or plastics to Cote d'Ivoire, comprising 27% of total imports. The second position in the ranking was held by Portugal ($X), with an 11% share of total imports. It was followed by Italy, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+62.8% per year) and Italy (-2.4% per year).

Import Prices by Country

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, dropping by -4.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform