Germany: Mattress Market 2024

Mattress Market Size in Germany

In 2022, after two years of growth, there was significant decline in the German mattress market, when its value decreased by -21% to $X. Overall, consumption recorded a pronounced curtailment. The growth pace was the most rapid in 2018 with an increase of 5.2% against the previous year. Mattress consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mattress Production in Germany

In value terms, mattress production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced descent. The growth pace was the most rapid in 2014 when the production volume increased by 6.2%. Mattress production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mattress Exports

Exports from Germany

In 2022, shipments abroad of mattresses increased by 7.8% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, exports recorded prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, mattress exports reduced to $X in 2022. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell slightly in the following year.

Exports by Country

Switzerland (X units), the Netherlands (X units) and Austria (X units) were the main destinations of mattress exports from Germany, together comprising 68% of total exports. France, Belgium, Italy, the Czech Republic, Poland, Spain, Portugal and Luxembourg lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +41.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattress exported from Germany were Switzerland ($X), the Netherlands ($X) and Austria ($X), together accounting for 68% of total exports. France, Belgium, Italy, Poland, the Czech Republic, Spain, Portugal and Luxembourg lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, Portugal, with a CAGR of +39.0%, 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 average mattress export price stood at $X per unit in 2022, waning by -10.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 26%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($X per unit) and Italy ($X per unit), while the average price for exports to France ($X per unit) and Luxembourg ($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 Poland (-0.1%), while the prices for the other major destinations experienced a decline.

Mattress Imports

Imports into Germany

After two years of growth, supplies from abroad of mattresses decreased by -36.5% to X units in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 42% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then reduced remarkably in the following year.

In value terms, mattress imports dropped to $X in 2022. In general, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Poland (X units) constituted the largest supplier of mattress to Germany, with a 48% share of total imports. Moreover, mattress imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Romania (X units) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.9% per year) and Romania (+122.4% per year).

In value terms, Poland ($X) constituted the largest supplier of mattresses to Germany, comprising 48% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Romania, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.2% per year) and Romania (+122.3% per year).

Import Prices by Country

The average mattress import price stood at $X per unit in 2022, increasing by 38% against the previous year. Overall, the import price continues to indicate 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 Switzerland ($X per unit) and Italy ($X per unit), while the price for Belgium ($X per unit) and Serbia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :