Spain: Sleeping Bag Market 2024

Sleeping Bag Market Size in Spain

For the fourth year in a row, the Spanish sleeping bag market recorded decline in sales value, which decreased by -10.1% to $X in 2021. In general, consumption showed a mild contraction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Sleeping Bag Production in Spain

In value terms, sleeping bag production rose rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 90% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Sleeping Bag Exports

Exports from Spain

In 2021, shipments abroad of sleeping bags was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 122% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, sleeping bag exports surged to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 186%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for sleeping bag exports from Spain, with a 43% share of total exports. Moreover, sleeping bag exports to France exceeded the volume sent to the second major destination, Italy (X units), threefold. The third position in this ranking was taken by Germany (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+12.6% per year) and Germany (+71.8% per year).

In value terms, France ($X), Germany ($X) and Italy ($X) appeared to be the largest markets for sleeping bag exported from Spain worldwide, together comprising 71% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +73.6%, 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 2021, the average sleeping bag export price amounted to $X per unit, falling by -18.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 34%. As a result, the export price reached the peak level of $X per unit, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Portugal ($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 Poland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sleeping Bag Imports

Imports into Spain

After three years of decline, purchases abroad of sleeping bags increased by 47% to X units in 2021. Overall, imports continue to indicate a resilient expansion. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, sleeping bag imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 47% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Bangladesh (X units), China (X units) and France (X units) were the main suppliers of sleeping bag imports to Spain, together comprising 90% of total imports. These countries were followed by Pakistan and Ireland, which together accounted for a further 6.2%.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +41.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sleeping bag suppliers to Spain were China ($X), Bangladesh ($X) and France ($X), together accounting for 88% of total imports. These countries were followed by Pakistan and Ireland, which together accounted for a further 3.1%.

In terms of the main suppliers, Pakistan, with a CAGR of +32.8%, recorded the highest rates of growth with regard to 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 sleeping bag import price stood at $X per unit in 2021, declining by -9.3% against the previous year. Over the period under review, the import price showed a slight slump. The pace of growth appeared the most rapid in 2020 an increase of 16%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :