Estonia: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Estonia

In 2022, the Estonian market for mattresses of cellular rubber or plastics increased by 32% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, recorded a pronounced shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Mattresses of cellular rubber or plastics in Estonia

In value terms, production of mattresses of cellular rubber or plastics stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight setback. The growth pace was the most rapid in 2017 with an increase of 36%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports from Estonia

In 2022, overseas shipments of mattresses of cellular rubber or plastics decreased by -38% to X units, falling for the second consecutive year after three years of growth. Overall, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2015 when exports increased by 69%. Over the period under review, the exports of attained the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of mattresses of cellular rubber or plastics declined markedly to $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 94% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X units), Sweden (X units) and Denmark (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from Estonia, together comprising 81% 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 Denmark (with a CAGR of +132.8%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Sweden ($X) and Denmark ($X) were the largest markets for mattresses of cellular rubber or plastics exported from Estonia worldwide, together comprising 81% of total exports.

Among the main countries of destination, Denmark, with a CAGR of +136.9%, recorded the highest growth rate of 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

In 2022, the average export price for mattresses of cellular rubber or plastics amounted to $X per unit, growing by 27% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 60% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($X per unit) and Denmark ($X per unit), while the average price for exports to the UK ($X per unit) and Lithuania ($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 Denmark (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Estonia

After two years of growth, purchases abroad of mattresses of cellular rubber or plastics decreased by -47.1% to X units in 2022. In general, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 39%. Over the period under review, imports of hit record highs at X units in 2021, and then contracted rapidly in the following year.

In value terms, imports of mattresses of cellular rubber or plastics fell markedly to $X in 2022. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 37%. Over the period under review, imports of reached the peak figure at $X in 2021, and then fell notably in the following year.

Imports by Country

China (X units), Denmark (X units) and Poland (X units) were the main suppliers of imports of mattresses of cellular rubber or plastics to Estonia, together comprising 77% of total imports. Italy, Romania, Belgium and Latvia lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +74.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mattresses of cellular rubber or plastics suppliers to Estonia were China ($X), Denmark ($X) and Poland ($X), with a combined 77% share of total imports. Italy, Romania, Belgium and Latvia lagged somewhat behind, together comprising a further 14%.

Romania, with a CAGR of +81.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 of cellular rubber or plastics amounted to $X per unit, with an increase of 20% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform