Spain: Mattress Market 2024

Mattress Market Size in Spain

The Spanish mattress market soared to $X in 2022, jumping by 16% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Mattress consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Mattress Production in Spain

In value terms, mattress production expanded to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 19% against the previous year. Mattress production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Mattress Exports

Exports from Spain

In 2022, overseas shipments of mattresses decreased by -33.2% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 78% against the previous year. The exports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, mattress exports fell to $X in 2022. Overall, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 80% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

France (X units), the United States (X units) and Portugal (X units) were the main destinations of mattress exports from Spain, with a combined 82% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +92.4%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Portugal ($X) constituted the largest markets for mattress exported from Spain worldwide, with a combined 82% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +97.8%, saw 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

In 2022, the average mattress export price amounted to $X per unit, picking up by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Portugal ($X per unit) and France ($X per unit), while the average price for exports to Canada ($X per unit) and the United States ($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 Italy (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mattress Imports

Imports into Spain

In 2022, supplies from abroad of mattresses decreased by -46.4% to X units, falling for the second consecutive year after five years of growth. Overall, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by 86%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, mattress imports shrank dramatically to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.1% against 2014 indices. The pace of growth appeared the most rapid in 2014 with an increase of 39%. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

Portugal (X units), Romania (X units) and Poland (X units) were the main suppliers of mattress imports to Spain, together accounting for 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +49.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mattress suppliers to Spain were Portugal ($X), Romania ($X) and Poland ($X), together accounting for 79% of total imports.

In terms of the main suppliers, Romania, with a CAGR of +49.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mattress import price stood at $X per unit in 2022, increasing by 58% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per unit) and Poland ($X per unit), while the price for France ($X per unit) and Romania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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