Czech Republic: Mattress Market 2024

Mattress Market Size in the Czech Republic

The Czech mattress market expanded rapidly to $X in 2022, rising by 10% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +79.2% against 2018 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Mattress Production in the Czech Republic

In value terms, mattress production soared to $X in 2022 estimated in export price. In general, production saw temperate growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 102%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Mattress Exports

Exports from the Czech Republic

In 2022, overseas shipments of mattresses increased by 6.1% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, mattress exports dropped slightly to $X in 2022. In general, exports recorded a resilient increase. The growth pace was the most rapid in 2013 with an increase of 17%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted modestly in the following year.

Exports by Country

Germany (X units), Slovakia (X units) and Italy (X units) were the main destinations of mattress exports from the Czech Republic, with a combined 78% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +49.9%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and Italy ($X) appeared to be the largest markets for mattress exported from the Czech Republic worldwide, together comprising 76% of total exports.

Italy, with a CAGR of +52.9%, saw the highest growth rate of 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

In 2022, the average mattress export price amounted to $X per unit, dropping by -7.3% against the previous year. Over the period under review, the export price showed a pronounced decline. The pace of growth was the most pronounced in 2018 an increase of 25%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average 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 Italy ($X per unit), while the average price for exports to Germany ($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 Italy (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Mattress Imports

Imports into the Czech Republic

In 2022, supplies from abroad of mattresses decreased by -42.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of X units, and then contracted significantly in the following year.

In value terms, mattress imports contracted to $X in 2022. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Poland (X units) constituted the largest mattress supplier to the Czech Republic, with a 46% share of total imports. Moreover, mattress imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Slovakia (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.4% per year) and Slovakia (+13.7% per year).

In value terms, Poland ($X) constituted the largest supplier of mattresses to the Czech Republic, comprising 46% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by Slovakia, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.0% per year) and Slovakia (+15.3% per year).

Import Prices by Country

The average mattress import price stood at $X per unit in 2022, surging by 62% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per unit) and Denmark ($X per unit), while the price for Sweden ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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