Sweden: Mattress Market 2024

Mattress Market Size in Sweden

The Swedish mattress market dropped notably to $X in 2022, which is down by -30.1% against the previous year. Overall, consumption recorded a deep slump. Mattress consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Mattress Production in Sweden

In value terms, mattress production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild descent. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Mattress Exports

Exports from Sweden

After four years of growth, overseas shipments of mattresses decreased by -22.6% to X units in 2022. In general, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by 46% against the previous year. The exports peaked at X units in 2021, and then shrank significantly in the following year.

In value terms, mattress exports shrank to $X in 2022. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 18%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

Norway (X units) was the main destination for mattress exports from Sweden, accounting for a 41% share of total exports. Moreover, mattress exports to Norway exceeded the volume sent to the second major destination, Denmark (X units), twofold. Finland (X units) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-0.4% per year) and Finland (+3.1% per year).

In value terms, Norway ($X) remains the key foreign market for mattresses exports from Sweden, comprising 40% of total exports. The second position in the ranking was taken by Denmark ($X), with a 17% share of total exports. It was followed by Finland, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+1.3% per year) and Finland (+5.0% per year).

Export Prices by Country

The average mattress export price stood at $X per unit in 2022, growing by 16% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per unit) and China ($X per unit), while the average price for exports to Norway ($X per unit) and Finland ($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 China (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Mattress Imports

Imports into Sweden

In 2022, overseas purchases of mattresses decreased by -32.4% to X units, falling for the second year in a row after three years of growth. In general, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 34%. Over the period under review, imports attained the maximum at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, mattress imports shrank to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 12% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Poland (X units) constituted the largest supplier of mattress to Sweden, with a 49% share of total imports. Moreover, mattress imports from Poland exceeded the figures recorded by the second-largest supplier, Estonia (X units), threefold. The third position in this ranking was held by China (X units), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+14.0% per year) and China (+14.9% per year).

In value terms, Poland ($X) constituted the largest supplier of mattresses to Sweden, comprising 50% of total imports. The second position in the ranking was taken by Estonia ($X), with a 14% share of total imports. It was followed by China, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+14.4% per year) and China (+15.0% per year).

Import Prices by Country

In 2022, the average mattress import price amounted to $X per unit, jumping by 38% against the previous year. Over the period under review, the import price saw 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 highest price was recorded for prices from China ($X per unit) and Denmark ($X per unit), while the price for Norway ($X per unit) and Lithuania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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