Greece: Market for Mattresses other than of cellular rubber or plastics 2024

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

The Greek market for mattresses other than of cellular rubber or plastics contracted remarkably to $X in 2022, with a decrease of -81.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Greece

After four years of growth, overseas shipments of mattresses other than of cellular rubber or plastics decreased by -5.1% to X units in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2016 with an increase of 102%. Over the period under review, the exports of reached the maximum at X units in 2021, and then shrank in the following year.

In value terms, exports of mattresses other than of cellular rubber or plastics declined sharply to $X in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2018 with an increase of 109% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Cyprus (X units), Germany (X units) and the Netherlands (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Greece, with a combined 45% share of total exports. Morocco, China, Spain, France, the United States, Italy, Japan, Poland, Bulgaria and Albania lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +471.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattresses other than of cellular rubber or plastics exported from Greece were Cyprus ($X), Germany ($X) and the Netherlands ($X), with a combined 45% share of total exports. Morocco, China, Spain, France, the United States, Italy, Japan, Poland, Bulgaria and Albania lagged somewhat behind, together accounting for a further 39%.

Japan, with a CAGR of +419.4%, 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 export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, waning by -12.5% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 39%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per unit) and Spain ($X per unit), while the average price for exports to Poland ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-2.4%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Greece

In 2022, purchases abroad of mattresses other than of cellular rubber or plastics decreased by -33.6% to X units, falling for the second year in a row after five years of growth. In general, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by 70%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of mattresses other than of cellular rubber or plastics contracted sharply to $X in 2022. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 40% against the previous year. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, Turkey (X units) constituted the largest mattresses other than of cellular rubber or plastics supplier to Greece, with a 42% share of total imports. Moreover, imports of mattresses other than of cellular rubber or plastics from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Romania (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.7% per year) and Romania (+125.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of mattresses other than of cellular rubber or plastics to Greece, comprising 42% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports. It was followed by Romania, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.2% per year) and Romania (+127.9% per year).

Import Prices by Country

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, growing by 23% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per unit) and France ($X per unit), while the price for Bulgaria ($X per unit) and China ($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 (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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