Middle East: Mattress Support Market 2024

Mattress Support Market Size in the Middle East

In 2021, the Middle Eastern mattress support market decreased by -97.5% to $X, falling for the second consecutive year after eight years of growth. Overall, consumption showed a dramatic setback. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Mattress Support Production in the Middle East

In value terms, mattress support production surged to $X in 2021 estimated in export price. In general, production, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 50% 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 the Middle East

For the third consecutive year, the Middle East recorded growth in overseas shipments of mattress supports, which increased by 57% to X units in 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 128% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, mattress support exports surged to $X in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 133% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Turkey prevails in exports structure, resulting at 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. While the share of Turkey (+51 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-32.2 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest mattress support supplier in the Middle East, comprising 90% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.3% share of total exports.

In Turkey, mattress support exports expanded at an average annual rate of +36.7% over the period from 2012-2021.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, rising by 20% against the previous year. Overall, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 an increase of 23% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat 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 the Middle East

In 2021, after three years of decline, there was significant growth in supplies from abroad of mattress supports, when their volume increased by 76% to X units. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine years. 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. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The United Arab Emirates dominates imports structure, accounting for X units, which was near 67% of total imports in 2021. Turkey (X units) took the second position in the ranking, followed by Israel (X units). All these countries together held approx. 11% share of total imports. Qatar (X units), Iraq (X units), Kuwait (X units), Bahrain (X units), Jordan (X units) and Oman (X units) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to mattress support imports into the United Arab Emirates stood at +14.9%. At the same time, Israel (+19.2%), Bahrain (+6.0%), Turkey (+4.4%) and Kuwait (+2.8%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +19.2% 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. The United Arab Emirates (+41 p.p.) and Israel (+3.7 p.p.) significantly strengthened its position in terms of the total imports, while Oman, Iraq, Jordan and Qatar saw its share reduced by -2%, -2.4%, -11.3% and -13.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported mattress supports in the Middle East, comprising 41% of total imports. The second position in the ranking was taken by Israel ($X), with a 5% share of total imports. It was followed by Bahrain, with a 3.7% share.

In the United Arab Emirates, mattress support imports increased at an average annual rate of +2.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+16.8% per year) and Bahrain (+3.7% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, shrinking by -16% against the previous year. Overall, the import price showed a pronounced contraction. The growth pace was the most rapid in 2019 when the import price increased by 18% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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

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