Portugal: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Portugal

After four years of decline, the Portuguese market for mattresses of cellular rubber or plastics increased by 318% to $X in 2022. Over the period under review, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Mattresses of cellular rubber or plastics in Portugal

In value terms, production of mattresses of cellular rubber or plastics declined slightly to $X in 2022 estimated in export price. In general, production, however, showed a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of 37%. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Mattresses of cellular rubber or plastics

Exports from Portugal

In 2022, shipments abroad of mattresses of cellular rubber or plastics decreased by -37% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 87% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2021, and then fell dramatically in the following year.

In value terms, exports of mattresses of cellular rubber or plastics reduced modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 45% against the previous year. The exports peaked at $X in 2021, and then shrank modestly in the following year.

Exports by Country

Spain (X units) was the main destination for exports of mattresses of cellular rubber or plastics from Portugal, with a 60% share of total exports. Moreover, exports of mattresses of cellular rubber or plastics to Spain exceeded the volume sent to the second major destination, France (X units), threefold. Germany (X units) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+33.1% per year) and Germany (+93.5% per year).

In value terms, Spain ($X) remains the key foreign market for mattresses of cellular rubber or plastics exports from Portugal, comprising 60% of total exports. The second position in the ranking was taken by France ($X), with a 20% share of total exports. It was followed by Germany, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value to Spain totaled +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+34.3% per year) and Germany (+95.4% per year).

Export Prices by Country

The average export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, growing by 57% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 60%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Colombia ($X per unit) and Chile ($X per unit), while the average price for exports to France ($X per unit) and Spain ($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 Chile (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Portugal

After two years of growth, overseas purchases of mattresses of cellular rubber or plastics decreased by -35.5% to X units in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 66%. Over the period under review, imports of hit record highs at X units in 2021, and then reduced remarkably in the following year.

In value terms, imports of mattresses of cellular rubber or plastics dropped to $X in 2022. Overall, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 48% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

Spain (X units), Romania (X units) and Germany (X units) were the main suppliers of imports of mattresses of cellular rubber or plastics to Portugal, together comprising 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +62.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Romania ($X) and Germany ($X) appeared to be the largest mattresses of cellular rubber or plastics suppliers to Portugal, with a combined 90% share of total imports.

Romania, with a CAGR of +62.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, rising by 37% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and Spain ($X per unit), while the price for Germany ($X per unit) and Romania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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