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

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

In 2022, the Luxembourg market for mattresses other than of cellular rubber or plastics decreased by -21.2% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Luxembourg

For the third year in a row, Luxembourg recorded growth in shipments abroad of mattresses other than of cellular rubber or plastics, which increased by 205% to X units in 2022. In general, exports recorded a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 332% against the previous year. Over the period under review, the exports of hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of mattresses other than of cellular rubber or plastics surged to $X in 2022. Overall, exports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 227%. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Belgium (X units) and Germany (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Luxembourg, with a combined 90% share of total exports. Switzerland and the Netherlands lagged somewhat behind, together comprising a further 9.7%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +39.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Germany ($X) constituted the largest markets for mattresses other than of cellular rubber or plastics exported from Luxembourg worldwide, together comprising 92% of total exports. Switzerland and the Netherlands lagged somewhat behind, together comprising a further 8.4%.

Among the main countries of destination, the Netherlands, with a CAGR of +33.8%, 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 export price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, reducing by -40.3% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 89%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($X per unit) and Germany ($X per unit), while the average price for exports to Switzerland ($X per unit) and the Netherlands ($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 (-4.4%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Luxembourg

In 2022, supplies from abroad of mattresses other than of cellular rubber or plastics increased by 2.6% to X units, rising for the third consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 65%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of mattresses other than of cellular rubber or plastics reduced dramatically to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

Belgium (X units), Germany (X units) and Sweden (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Luxembourg, together comprising 69% of total imports. The Netherlands, the UK, France and Austria lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +77.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Sweden ($X) were the largest mattresses other than of cellular rubber or plastics suppliers to Luxembourg, together comprising 69% of total imports. The Netherlands, the UK, France and Austria lagged somewhat behind, together comprising a further 21%.

The UK, with a CAGR of +78.2%, recorded 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 other than of cellular rubber or plastics amounted to $X per unit, reducing by -31.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 87%. The import price peaked at $X per unit in 2019; however, from 2020 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 the UK ($X per unit) and France ($X per unit), while the price for Austria ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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