Report Update Nov 1, 2024

Venezuela - Mattress Supports - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Mattress Support Market 2024

Mattress Support Market Size in Venezuela

In 2021, after three years of growth, there was significant decline in the Venezuelan mattress support market, when its value decreased by -18.7% to $X. Over the period under review, consumption continues to indicate a precipitous setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Mattress Support Exports

Exports from Venezuela

In 2021, approx. X units of mattress supports were exported from Venezuela; waning by -85.6% on 2020 figures. In general, exports, however, enjoyed a mild increase. The pace of growth was the most pronounced in 2014 with an increase of 672% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, mattress support exports fell rapidly to $X in 2021. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by 463%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Dominican Republic (X units) was the main destination for mattress support exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Dominican Republic amounted to +171.7%.

In value terms, the Dominican Republic ($X) emerged as the key foreign market for mattress supports exports from Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value to the Dominican Republic stood at +136.3%.

Export Prices by Country

The average mattress support export price stood at $X per unit in 2021, shrinking by -43.4% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 92%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2012 to 2021, the rate of growth in terms of prices for Costa Rica amounted to +8.2% per year.

Mattress Support Imports

Imports into Venezuela

In 2021, purchases abroad of mattress supports decreased by -33% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2016 when imports increased by 340%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, mattress support imports dropped to $X in 2021. Over the period under review, imports faced a sharp setback. The pace of growth appeared the most rapid in 2016 when imports increased by 110% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main mattress support supplier to Venezuela, accounting for a 96% share of total imports. It was followed by Italy (X units), with a 1.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -23.8%.

In value terms, China ($X) constituted the largest supplier of mattress supports to Venezuela, comprising 81% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -21.7%.

Import Prices by Country

The average mattress support import price stood at $X per unit in 2021, growing by 40% against the previous year. Overall, the import price enjoyed a tangible increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 64%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+28.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mattress supports in the world?

The countries with the highest volumes of mattress support consumption in 2021 were China, the United States and India, with a combined 39% share of global consumption.

What are the largest producers of mattress supports in the world?

China remains the largest mattress support producing country worldwide, accounting for 23% of total volume. Moreover, mattress support production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of mattress supports to Venezuela?

In value terms, China, Mexico and Italy appeared to be the largest mattress support suppliers to Venezuela, with a combined 91% share of total imports.

What are the leading importers of mattress supports from Venezuela?

In value terms, the United States remains the key foreign market for mattress support exports from Venezuela, comprising 66% of total exports. The second position in the ranking was occupied by Costa Rica, with a 27% share of total exports. It was followed by Aruba, with a 3.5% share.

What is the average export price for mattress supports in Venezuela?

In 2021, the average mattress support export price amounted to $3.5 per unit, therefore, remained relatively stable against the previous year.

What is the average import price for mattress supports in Venezuela?

The average mattress support import price stood at $2.6 per unit in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the mattress support market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31031100 - Mattress supports (including wooden or metal frames fitted with springs or steel wire mesh, upholstered mattress bases, w ith wooden slats, divans)

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023