Italy: Mattress Support Market 2024

Mattress Support Market Size in Italy

In 2021, the Italian mattress support market increased by 14% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption recorded a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Mattress Support Production in Italy

In value terms, mattress support production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt setback. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Mattress Support Exports

Exports from Italy

In 2021, approx. X units of mattress supports were exported from Italy; increasing by 13% against the previous year. In general, total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 57% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mattress support exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 24%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for mattress support exports from Italy, with a 34% share of total exports. Moreover, mattress support exports to France exceeded the volume sent to the second major destination, Germany (X units), fivefold. The third position in this ranking was taken by Turkey (X units), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.4% per year) and Turkey (+7.7% per year).

In value terms, the largest markets for mattress support exported from Italy were France ($X), Germany ($X) and Belgium ($X), with a combined 43% share of total exports. These countries were followed by Canada, Switzerland, Greece, Romania, Turkey, Slovakia, Albania, Qatar, Bosnia and Herzegovina and Cyprus, which together accounted for a further 20%.

In terms of the main countries of destination, Canada, with a CAGR of +67.0%, saw 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

The average mattress support export price stood at $X per unit in 2021, surging by 2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Mattress Support Imports

Imports into Italy

After three years of growth, supplies from abroad of mattress supports decreased by -31.7% to X units in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 45%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, mattress support imports dropped rapidly to $X in 2021. Overall, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Lithuania (X units) constituted the largest supplier of mattress support to Italy, accounting for a 52% share of total imports. Moreover, mattress support imports from Lithuania exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold. The third position in this ranking was taken by China (X units), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Lithuania totaled +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-9.1% per year) and China (-11.7% per year).

In value terms, Lithuania ($X) constituted the largest supplier of mattress supports to Italy, comprising 38% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Lithuania totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.7% per year) and Poland (-8.6% per year).

Import Prices by Country

The average mattress support import price stood at $X per unit in 2021, with a decrease of -2.4% against the previous year. Overall, the import price showed a perceptible decrease. The pace of growth was the most pronounced in 2014 an increase of 14%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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