Israel: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Israel

In 2022, the Israeli market for mattresses of cellular rubber or plastics decreased by -21.1% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed prominent growth. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Exports of Mattresses of cellular rubber or plastics

Exports from Israel

In 2022, exports of mattresses of cellular rubber or plastics from Israel surged to X units, increasing by 109% against the previous year's figure. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 453% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of mattresses of cellular rubber or plastics soared to $X in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 535%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for exports of mattresses of cellular rubber or plastics from Israel, with a 88% share of total exports. Moreover, exports of mattresses of cellular rubber or plastics to the United States exceeded the volume sent to the second major destination, France (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +37.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+26.6% per year) and Cyprus (-29.1% per year).

In value terms, the United States ($X) remains the key foreign market for mattresses of cellular rubber or plastics exports from Israel, comprising 88% of total exports. The second position in the ranking was held by France ($X), with a 4.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +39.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+27.8% per year) and Cyprus (-26.7% per year).

Export Prices by Country

In 2022, the average export price for mattresses of cellular rubber or plastics amounted to $X per unit, which is down by -10.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 15% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to France ($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 Cyprus (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Israel

In 2022, purchases abroad of mattresses of cellular rubber or plastics decreased by -21.1% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports reached the peak of X units, and then fell sharply in the following year.

In value terms, imports of mattresses of cellular rubber or plastics shrank dramatically to $X in 2022. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2022, Denmark (X units) constituted the largest mattresses of cellular rubber or plastics supplier to Israel, with a 39% share of total imports. Moreover, imports of mattresses of cellular rubber or plastics from Denmark exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. China (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark amounted to +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+22.7% per year) and China (+10.8% per year).

In value terms, Denmark ($X) constituted the largest supplier of mattresses of cellular rubber or plastics to Israel, comprising 39% of total imports. The second position in the ranking was taken by Poland ($X), with a 16% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark totaled +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+22.6% per year) and China (+10.7% per year).

Import Prices by Country

In 2022, the average import price for mattresses of cellular rubber or plastics amounted to $X per unit, growing by 4.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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