MENA: Market for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) 2022

Market Size for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in MENA

The MENA's bedding and furnishing article market rose rapidly to $X in 2021, growing by 5.2% against the previous year. Overall, consumption, however, recorded a noticeable shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in MENA

In value terms, bedding and furnishing article production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a strong increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Exports in MENA

For the third year in a row, MENA recorded growth in overseas shipments of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), which increased by 19% to X tons in 2021. Total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +110.1% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of 22% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, bedding and furnishing article exports soared to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +84.2% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons) was the main exporter of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), making up 78% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixing up a 15% share of total exports.

Turkey was also the fastest-growing in terms of the bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) exports, with a CAGR of +16.2% from 2012 to 2021. The United Arab Emirates (-3.2%) illustrated a downward trend over the same period. While the share of Turkey (+36 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-27.3 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest bedding and furnishing article supplier in MENA, comprising 81% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 12% share of total exports.

In Turkey, bedding and furnishing article exports increased at an average annual rate of +13.5% over the period from 2012-2021.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, rising by 3.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 an increase of 15%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.2%).

Imports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Imports in MENA

In 2021, approx. X tons of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) were imported in MENA; declining by -28.8% against the previous year. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by 16%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, bedding and furnishing article imports contracted to $X in 2021. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 14% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons), distantly followed by Iraq (X tons), Kuwait (X tons), Israel (X tons), Oman (X tons) and Turkey (X tons) were the major importers of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), together making up 80% of total imports. The following importers - Qatar (X tons), Bahrain (X tons), Yemen (X tons), Libya (X tons), Morocco (X tons) and Algeria (X tons) - together made up 15% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Yemen (with a CAGR of +36.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Iraq ($X) and Israel ($X) were the countries with the highest levels of imports in 2021, together comprising 61% of total imports. Kuwait, Turkey, Qatar, Morocco, Oman, Bahrain, Libya, Algeria and Yemen lagged somewhat behind, together accounting for a further 34%.

In terms of the main importing countries, Yemen, with a CAGR of +35.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, with an increase of 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Morocco ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform