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

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

After two years of growth, the UK market for mattresses other than of cellular rubber or plastics decreased by -46.4% to $X in 2022. Over the period under review, consumption, however, continues to indicate buoyant growth. Consumption of peaked at $X in 2021, and then declined significantly in the following year.

Exports of Mattresses other than of cellular rubber or plastics

Exports from the UK

In 2022, the amount of mattresses other than of cellular rubber or plastics exported from the UK surged to X units, increasing by 37% on 2021. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of mattresses other than of cellular rubber or plastics fell to $X in 2022. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Ireland (X units), China (X units) and the United States (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from the UK, together accounting for 52% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +31.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mattresses other than of cellular rubber or plastics exported from the UK were Ireland ($X), China ($X) and the United States ($X), with a combined 49% share of total exports.

Among the main countries of destination, China, with a CAGR of +30.8%, 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 other than of cellular rubber or plastics stood at $X per unit in 2022, with a decrease of -33.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 89%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per unit) and Belgium ($X per unit), while the average price for exports to South Korea ($X per unit) and China ($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 the United Arab Emirates (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into the UK

In 2022, purchases abroad of mattresses other than of cellular rubber or plastics decreased by -19.8% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 66%. Imports peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, imports of mattresses other than of cellular rubber or plastics contracted markedly to $X in 2022. In general, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

China (X units), Poland (X units) and Ireland (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to the UK, together accounting for 67% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +25.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mattresses other than of cellular rubber or plastics suppliers to the UK were China ($X), Poland ($X) and Ireland ($X), together accounting for 67% of total imports.

Ireland, with a CAGR of +27.3%, saw 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

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, growing by 3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2015 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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 ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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