MENA: Mattress Support Market 2024

Mattress Support Market Size in MENA

In 2021, the MENA's mattress support market decreased by -95.5% to $X, falling for the second year in a row after eight years of growth. Over the period under review, consumption saw a abrupt decline. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Mattress Support Production in MENA

In value terms, mattress support production surged to $X in 2021 estimated in export price. In general, production, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 48% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Mattress Support Exports

Exports in MENA

In 2021, exports of mattress supports in MENA skyrocketed to X units, picking up by 57% compared with the previous year's figure. In general, exports recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of 126% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, mattress support exports surged to $X in 2021. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 132% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, reaching X units, which was approx. 93% of total exports in 2021. The United Arab Emirates (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the mattress supports exports, with a CAGR of +43.8% from 2012 to 2021. At the same time, the United Arab Emirates (+1.9%) displayed positive paces of growth. Turkey (+51 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -32.1% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest mattress support supplier in MENA, comprising 89% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +36.7%.

Export Prices by Country

The export price in MENA stood at $X per unit in 2021, picking up by 19% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.4%).

Mattress Support Imports

Imports in MENA

After four years of decline, overseas purchases of mattress supports increased by 77% to X units in 2021. Total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mattress support imports soared to $X in 2021. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, recording X units, which was near 61% of total imports in 2021. Turkey (X units) ranks second in terms of the total imports with a 5.3% share, followed by Israel (4.7%). Qatar (X units), Iraq (X units), Kuwait (X units), Morocco (X units), Bahrain (X units), Djibouti (X units), Jordan (X units) and Oman (X units) held a minor share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +14.9% from 2012 to 2021. At the same time, Djibouti (+26.1%), Israel (+19.2%), Morocco (+19.1%), Bahrain (+6.0%), Turkey (+4.4%) and Kuwait (+2.8%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest-growing importer imported in MENA, with a CAGR of +26.1% from 2012-2021. By contrast, Iraq (-2.0%), Oman (-4.0%), Qatar (-12.5%) and Jordan (-15.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates, Israel, Morocco and Djibouti increased by +38, +3.4, +2.4 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported mattress supports in MENA, comprising 37% of total imports. The second position in the ranking was taken by Israel ($X), with a 4.6% share of total imports. It was followed by Bahrain, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates totaled +2.8%. In the other countries, the average annual rates were as follows: Israel (+16.8% per year) and Bahrain (+3.7% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, which is down by -15.5% against the previous year. Overall, the import price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2019 when the import price increased by 17% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+3.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform