Puerto Rico: 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 Puerto Rico

The Puerto Rican bedding and furnishing article market was estimated at less than $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern.

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

Exports by Country

China prevails in exports structure, accounting for X tons, which was near 69% of total exports in 2021. It was distantly followed by India (X tons), mixing up a 5.4% share of total exports. Poland (X tons), Germany (X tons), the Netherlands (X tons) and Estonia (X tons) took a little share of total exports.

Exports from China increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, the Netherlands (+18.0%), India (+16.6%), Poland (+6.7%) and Germany (+3.2%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.0% from 2012-2021. Estonia experienced a relatively flat trend pattern. While the share of India (+3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest bedding and furnishing article supplier from Puerto Rico, comprising 61% of global exports. The second position in the ranking was taken by India ($X), with a 5.2% share of global exports. It was followed by Poland, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +4.5%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+16.9% per year) and Poland (+8.0% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining constant against the previous year. In general, the export price saw a relatively flat trend pattern.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.2%), while the other leaders experienced more modest paces of growth.

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

Imports by Country

The United States represented the key importer of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) in the world, with the volume of imports resulting at X tons, which was approx. 40% of total imports in 2021. Japan (X tons) ranks second in terms of the total imports with a 7.8% share, followed by Germany (5.5%). The UK (X tons), France (X tons), the Netherlands (X tons), Canada (X tons), South Korea (X tons), Australia (X tons), Poland (X tons), Belgium (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to bedding and furnishing article imports into the United States stood at +11.7%. At the same time, Poland (+14.4%), the Netherlands (+9.4%), South Korea (+9.2%), Belgium (+6.2%), France (+5.8%), Germany (+5.4%), Spain (+5.3%), the UK (+5.0%), Canada (+4.4%), Australia (+2.1%) and Japan (+1.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +14.4% from 2012-2021. By contrast, Saudi Arabia (-6.5%) illustrated a downward trend over the same period. While the share of the United States (+15 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Japan (-4.2 p.p.) and Saudi Arabia (-5.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) into Puerto Rico, comprising 30% of global imports. The second position in the ranking was taken by Japan ($X), with an 8.9% share of global imports. It was followed by Germany, with a 7% share.

In the United States, bedding and furnishing article imports increased at an average annual rate of +6.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-0.4% per year) and Germany (+4.8% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform