United Kingdom: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in the UK

After two years of decline, the UK market for mattresses of cellular rubber or plastics increased by 44% to $X in 2022. Over the period under review, consumption recorded prominent growth. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Mattresses of cellular rubber or plastics

Exports from the UK

In 2022, after three years of decline, there was significant growth in overseas shipments of mattresses of cellular rubber or plastics, when their volume increased by 24% to X units. Overall, exports, however, recorded a deep slump. The growth pace was the most rapid in 2014 with an increase of 39%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of mattresses of cellular rubber or plastics expanded markedly to $X in 2022. In general, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2018 with an increase of 30%. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X units), the United States (X units) and Belgium (X units) were the main destinations of exports of mattresses of cellular rubber or plastics from the UK, with a combined 52% share of total exports. Germany, France, the United Arab Emirates, Australia, Finland, Israel, Italy, Hong Kong SAR, Sweden and Portugal lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +38.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattresses of cellular rubber or plastics exported from the UK were Ireland ($X), the United States ($X) and Belgium ($X), with a combined 52% share of total exports. Germany, France, the United Arab Emirates, Australia, Finland, Israel, Italy, Hong Kong SAR, Sweden and Portugal lagged somewhat behind, together comprising a further 35%.

Among the main countries of destination, Israel, with a CAGR of +42.3%, saw the highest rates of growth with regard to 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 export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, shrinking by -10.4% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mattresses of cellular rubber or plastics decreased by -41.5% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 35%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 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 Hong Kong SAR ($X per unit) and Portugal ($X per unit), while the average price for exports to Sweden ($X per unit) and Israel ($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 Israel (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into the UK

In 2022, after three years of decline, there was significant growth in overseas purchases of mattresses of cellular rubber or plastics, when their volume increased by 37% to X units. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 72% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of mattresses of cellular rubber or plastics soared to $X in 2022. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X units), Ireland (X units) and Poland (X units) were the main suppliers of imports of mattresses of cellular rubber or plastics to the UK, together accounting for 61% of total imports. China, Romania, Taiwan (Chinese) and Belgium lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +120.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Ireland ($X) and Poland ($X) appeared to be the largest mattresses of cellular rubber or plastics suppliers to the UK, together comprising 61% of total imports. China, Romania, Taiwan (Chinese) and Belgium lagged somewhat behind, together accounting for a further 35%.

Romania, with a CAGR of +120.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for mattresses of cellular rubber or plastics amounted to $X per unit, rising by 4.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 11%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per unit) and Romania ($X per unit), while the price for China ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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