Venezuela: Market for Mattresses other than of cellular rubber or plastics 2025

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

After two years of growth, the Venezuelan market for mattresses other than of cellular rubber or plastics decreased by -24.6% to $X in 2022. Over the period under review, consumption saw a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Venezuela

In 2022, after three years of decline, there was significant growth in overseas shipments of mattresses other than of cellular rubber or plastics, when their volume increased by 32% to X units. In general, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 402%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics surged to $X in 2022. Overall, exports posted a measured expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 356% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Colombia (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Venezuela, accounting for a 39% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to Colombia exceeded the volume sent to the second major destination, Guyana (X units), threefold. Aruba (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Colombia totaled +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (+6.4% per year) and Aruba (+19.6% per year).

In value terms, Colombia ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from Venezuela, comprising 54% of total exports. The second position in the ranking was held by Guyana ($X), with a 9.3% share of total exports. It was followed by Panama, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value to Colombia amounted to +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (+12.1% per year) and Panama (+47.8% per year).

Export Prices by Country

The average export price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, growing by 1.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 31%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Aruba ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Venezuela

In 2022, after two years of growth, there was significant decline in purchases abroad of mattresses other than of cellular rubber or plastics, when their volume decreased by -15.8% to X units. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 233%. Over the period under review, imports of reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of mattresses other than of cellular rubber or plastics dropped notably to $X in 2022. Overall, imports saw a deep setback. The pace of growth appeared the most rapid in 2018 when imports increased by 287% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Hong Kong SAR (X units) constituted the largest mattresses other than of cellular rubber or plastics supplier to Venezuela, with a 79% share of total imports. Moreover, imports of mattresses other than of cellular rubber or plastics from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hong Kong SAR amounted to -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+34.9% per year) and Turkey (+9.7% per year).

In value terms, Hong Kong SAR ($X) constituted the largest supplier of mattresses other than of cellular rubber or plastics to Venezuela, comprising 74% of total imports. The second position in the ranking was taken by China ($X), with a 6% share of total imports. It was followed by South Korea, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hong Kong SAR was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.9% per year) and South Korea (+46.5% per year).

Import Prices by Country

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, waning by -11.4% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mattresses other than of cellular rubber or plastics increased by +90.6% against 2017 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 39%. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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