Eastern Europe: Mattress Support Market 2024

Mattress Support Market Size in Eastern Europe

In 2021, the East European mattress support market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mattress Support Production in Eastern Europe

In value terms, mattress support production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 31%. Over the period under review, production hit record highs in 2021 and is likely to see steady growth in years to come.

Mattress Support Exports

Exports in Eastern Europe

In 2021, exports of mattress supports in Eastern Europe surged to X units, increasing by 15% on the previous year's figure. Total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +40.9% against 2016 indices. The pace of growth was the most pronounced in 2013 when exports increased by 20%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, mattress support exports skyrocketed to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +78.0% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X units) and Lithuania (X units) represented roughly 68% of total exports in 2021. Ukraine (X units) took the next position in the ranking, followed by the Czech Republic (X units). All these countries together held near 16% share of total exports. Hungary (X units), Russia (X units) and Estonia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +46.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest mattress support supplying countries in Eastern Europe were Poland ($X), Lithuania ($X) and the Czech Republic ($X), together comprising 72% of total exports. Hungary, Estonia, Ukraine and Russia lagged somewhat behind, together comprising a further 21%.

In terms of the main exporting countries, Ukraine, with a CAGR of +42.7%, recorded the highest rates of growth with regard to 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 export price in Eastern Europe stood at $X per unit in 2021, surging by 11% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 11% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Estonia ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+2.4%), while the other leaders experienced more modest paces of growth.

Mattress Support Imports

Imports in Eastern Europe

In 2021, approx. X units of mattress supports were imported in Eastern Europe; picking up by 94% against the previous year's figure. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mattress support imports skyrocketed to $X in 2021. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Bulgaria represented the major importer of mattress supports in Eastern Europe, with the volume of imports resulting at X units, which was approx. 43% of total imports in 2021. It was distantly followed by Romania (X units), Poland (X units) and the Czech Republic (X units), together making up a 41% share of total imports. The following importers - Hungary (X units), Estonia (X units) and Slovakia (X units) - together made up 10% of total imports.

Bulgaria was also the fastest-growing in terms of the mattress supports imports, with a CAGR of +59.5% from 2012 to 2021. At the same time, Estonia (+49.0%), Romania (+34.3%), Poland (+12.8%), Hungary (+7.7%) and Slovakia (+3.8%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. Bulgaria (+41 p.p.), Romania (+13 p.p.) and Estonia (+2.9 p.p.) significantly strengthened its position in terms of the total imports, while Hungary, Slovakia, Poland and the Czech Republic saw its share reduced by -4.1%, -4.8%, -5.1% and -25% from 2012 to 2021, respectively.

In value terms, Bulgaria ($X) constitutes the largest market for imported mattress supports in Eastern Europe, comprising 36% of total imports. The second position in the ranking was taken by Poland ($X), with a 17% share of total imports. It was followed by Romania, with a 13% share.

In Bulgaria, mattress support imports increased at an average annual rate of +45.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Poland (+10.7% per year) and Romania (+24.6% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2021, which is down by -10.6% against the previous year. Over the period under review, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of 1.5%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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