Spain: Mattress Support Market 2024

Mattress Support Market Size in Spain

The Spanish mattress support market soared to $X in 2021, rising by 28% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +107.9% against 2013 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mattress Support Production in Spain

In value terms, mattress support production soared to $X in 2021 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +105.7% against 2012 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Mattress Support Exports

Exports from Spain

In 2021, shipments abroad of mattress supports decreased by -5.4% to X units, falling for the second year in a row after eight years of growth. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 35%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, mattress support exports fell to $X in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.0% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 33%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X units), France (X units) and Morocco (X units) were the main destinations of mattress support exports from Spain, with a combined 84% share of total exports. Germany, Denmark and Senegal lagged somewhat behind, together accounting for a further 6%.

From 2012 to 2021, the biggest increases were recorded for Senegal (with a CAGR of +110.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattress support exported from Spain were Portugal ($X), France ($X) and Germany ($X), together accounting for 78% of total exports. Denmark, Morocco and Senegal lagged somewhat behind, together comprising a further 3.9%.

Among the main countries of destination, Senegal, with a CAGR of +130.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mattress support export price stood at $X per unit in 2021, with an increase of 5.5% against the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 9.7%. Over the period under review, the average export prices reached the maximum 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 destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Senegal ($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 Senegal (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Mattress Support Imports

Imports into Spain

For the tenth year in a row, Spain recorded growth in supplies from abroad of mattress supports, which increased by 16% to X units in 2021. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, mattress support imports expanded notably to $X in 2021. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +11.0% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 34%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Ukraine (X units) and Portugal (X units) were the main suppliers of mattress support imports to Spain, with a combined 52% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +50.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of mattress supports to Spain, comprising 25% of total imports. The second position in the ranking was held by France ($X), with a 12% share of total imports. It was followed by Portugal, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+20.8% per year) and Portugal (-1.5% per year).

Import Prices by Country

The average mattress support import price stood at $X per unit in 2021, remaining constant against the previous year. Overall, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2018 an increase of 15%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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