Moldova: Mattress Market 2020

Mattress Market Size in Moldova

The revenue of the mattress market in Moldova amounted to $X in 2018, reducing by -X% against the previous year. In general, mattress consumption continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Moldova mattress consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Mattress Production in Moldova

In value terms, mattress production amounted to $X in 2018 estimated in export prices. Over the period under review, mattress production continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Moldova mattress production peaked at $X in 2017, and then declined slightly in the following year.

Mattress Exports

Exports from Moldova

In 2018, the amount of mattresses exported from Moldova totaled X units, increasing by X% against the previous year. In general, mattress exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, mattress exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, mattress exports stood at $X in 2018. Over the period under review, mattress exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Moldova exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

China (X units) and Poland (X units) were the main exporters of mattresses in 2018, recording near X% and X% of total exports, respectively. Belgium (X units), Italy (X units), Denmark (X units), the Netherlands (X units), Mexico (X units), Portugal (X units), Vietnam (X units), Germany (X units), Turkey (X units) and Romania (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Romania, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Denmark ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Belgium, the Netherlands, Italy, Mexico, Germany, Portugal, Vietnam, Romania, Turkey and Moldova, which together accounted for a further X recorded the highest rates of growth with regard to market size, in terms of the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The mattress export price in Moldova stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the mattress export price continues to indicate an abrupt downturn. The growth pace was the most rapid in 2013 when the export price increased by X% year-to-year. Moldova export price peaked at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Portugal, while the other leaders experienced more modest paces of growth.

Mattress Imports

Imports into Moldova

Mattress imports into Moldova amounted to X units in 2018, surging by X% against the previous year. In general, mattress imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. In that year, mattress imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, mattress imports stood at $X in 2018. Over the period under review, mattress imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Moldova imports peaked at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units), France (X units) and the Netherlands (X units) represented the largest importers of mattresses, together comprising X% of total imports. Kuwait (X units), Japan (X units), Canada (X units), the UK (X units), Australia (X units), Sweden (X units), Spain (X units) and South Korea (X units) held a relatively small share of total imports.

From 2007 to 2018, average annual rates of growth with regard to mattress imports into the U.S. stood at +X%. At the same time, Kuwait (+X%), South Korea (+X%), Germany (+X%), Canada (+X%), France (+X%), Japan (+X%), the UK (+X%), Spain (+X%), Australia (+X%), Sweden (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of the U.S., Germany, France, Kuwait, Canada, Japan, the UK and South Korea increased by +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported mattresses into Moldova, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., mattress imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The mattress import price in Moldova stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the mattress import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, the import prices for mattresses reached their maximum at $X per unit in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform