Ecuador: Market for Mattresses other than of cellular rubber or plastics 2025

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

The Ecuadorian market for mattresses other than of cellular rubber or plastics expanded rapidly to $X in 2022, surging by 11% against the previous year. Over the period under review, consumption, however, saw a mild descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Mattresses other than of cellular rubber or plastics in Ecuador

In value terms, production of mattresses other than of cellular rubber or plastics expanded modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 22%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Ecuador

In 2022, shipments abroad of mattresses other than of cellular rubber or plastics increased by 35% to X units for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, exports, however, faced a sharp contraction. The pace of growth was the most pronounced in 2013 when exports increased by 103% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 44%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Ecuador, accounting for a 80% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to Colombia exceeded the volume sent to the second major destination, Chile (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia amounted to -22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+79.1% per year) and Peru (-11.2% per year).

In value terms, Colombia ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from Ecuador, comprising 80% of total exports. The second position in the ranking was taken by Chile ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Colombia stood at -17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+35.0% per year) and Peru (-4.4% per year).

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, shrinking by -11.5% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 51% against the previous year. The export price peaked at $X per unit in 2021, and then contracted in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Colombia ($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 Peru (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Ecuador

In 2022, supplies from abroad of mattresses other than of cellular rubber or plastics was finally on the rise to reach X units after two years of decline. Overall, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 392%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of mattresses other than of cellular rubber or plastics amounted to $X in 2022. Over the period under review, imports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 460%. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest mattresses other than of cellular rubber or plastics supplier to Ecuador, accounting for a 66% 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), threefold. The third position in this ranking was taken by Denmark (X units), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.1% per year) and Denmark (+45.3% per year).

In value terms, China ($X), Denmark ($X) and the United States ($X) were the largest mattresses other than of cellular rubber or plastics suppliers to Ecuador, together accounting for 72% of total imports.

In terms of the main suppliers, Denmark, with a CAGR of +66.4%, 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 a decline.

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 -37.5% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 46%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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