Portugal: Mattress Support Market 2024

Mattress Support Market Size in Portugal

The Portuguese mattress support market expanded notably to $X in 2021, with an increase of 5.4% against the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Mattress Support Production in Portugal

In value terms, mattress support production declined to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 33%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Mattress Support Exports

Exports from Portugal

Mattress support exports from Portugal declined sharply to X units in 2021, reducing by -16.7% against the previous year's figure. Over the period under review, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 112%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, mattress support exports dropped to $X in 2021. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 63%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for mattress support exports from Portugal, with a 66% share of total exports. Moreover, mattress support exports to France exceeded the volume sent to the second major destination, Spain (X units), fivefold. Switzerland (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +57.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-10.3% per year) and Switzerland (+98.3% per year).

In value terms, France ($X), Spain ($X) and Switzerland ($X) appeared to be the largest markets for mattress support exported from Portugal worldwide, with a combined 89% share of total exports.

Switzerland, with a CAGR of +97.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average mattress support export price amounted to $X per unit, rising by 4.7% against the previous year. In general, the export price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 48% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Germany ($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 Spain (+9.0%), while the prices for the other major destinations experienced a decline.

Mattress Support Imports

Imports into Portugal

In 2021, after two years of decline, there was significant growth in overseas purchases of mattress supports, when their volume increased by 38% to X units. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 48%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, mattress support imports skyrocketed to $X in 2021. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by 58% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Spain (X units) was the main mattress support supplier to Portugal, with a 94% share of total imports. It was followed by China (X units), with a 2.5% share of total imports. Poland (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +26.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+270.9% per year) and Poland (-7.8% per year).

In value terms, Spain ($X) constituted the largest supplier of mattress supports to Portugal, comprising 92% of total imports. The second position in the ranking was taken by China ($X), with a 2.1% share of total imports. It was followed by Poland, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+246.7% per year) and Poland (-1.8% per year).

Import Prices by Country

In 2021, the average mattress support import price amounted to $X per unit, with an increase of 6.5% against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of 6.7% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from France ($X per unit) and Spain ($X per unit), while the price for China ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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