Dominican Republic - Mattresses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMattress Price in the Dominican Republic - 2023
Contents:
- Mattress Price in the Dominican Republic (FOB) - 2023
- Mattress Price in the Dominican Republic (CIF) - 2022
- Mattress Exports in the Dominican Republic
- Mattress Imports in the Dominican Republic
Mattress Price in the Dominican Republic (FOB) - 2023
The average mattress export price stood at $157 per unit in March 2023, dropping by -2.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2022 an increase of 44% m-o-m. The export price peaked at $189 per unit in August 2022; however, from September 2022 to March 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In March 2023, the country with the highest price was Aruba ($256 per unit), while the average price for exports to the United States ($143 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Mattress Price in the Dominican Republic (CIF) - 2022
The average mattress import price stood at $70 per unit in 2022, with a decrease of -9% against the previous year. Overall, the import price showed a pronounced slump. The growth pace was the most rapid in 2015 an increase of 34%. Over the period under review, average import prices reached the peak figure at $116 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($193 per unit), while the price for Portugal ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.4%), while the prices for the other major suppliers experienced a decline.
Mattress Exports in the Dominican Republic
For the third year in a row, the Dominican Republic recorded decline in shipments abroad of mattresses, which decreased by -41% to 27K units in 2022. In general, exports faced a significant decrease. The smallest decline of -12.7% was in 2021. Over the period under review, the exports hit record highs at 82K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, mattress exports declined dramatically to $3.5M in 2022. Overall, exports faced a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. The exports peaked at $8.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Mattress in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,546 | 2,973 | 3,483 | 2,260 | 13.5% |
Jamaica | 1,072 | 759 | 448 | 310 | -33.9% |
Aruba | 242 | 230 | 391 | 246 | 0.5% |
Barbados | 241 | 240 | 216 | 213 | -4.0% |
Belize | 44.9 | 203 | 324 | 117 | 37.6% |
Guyana | 124 | 98.7 | 164 | 54.4 | -24.0% |
Haiti | 4,835 | 140 | 21.9 | 18.8 | -84.3% |
Others | 614 | 245 | 351 | 244 | -26.5% |
Total | 8,720 | 4,888 | 5,400 | 3,464 | -26.5% |
Top Export Markets for Mattress from the Dominican Republic in 2022:
- United States (16.0K units)
- Jamaica (3.8K units)
- Aruba (3.4K units)
- Barbados (1.2K units)
- Belize (0.7K units)
- Haiti (0.5K units)
- Guyana (0.3K units)
Mattress Imports in the Dominican Republic
In 2022, imports of mattresses into the Dominican Republic reduced to 33K units, remaining relatively unchanged against 2021. In general, imports showed a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. Over the period under review, imports reached the maximum at 89K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, mattress imports dropped to $2.3M in 2022. Overall, imports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked at $5.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Mattress in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 2,446 | 1,170 | 1,643 | 954 | -26.9% |
United States | 1,125 | 348 | 333 | 508 | -23.3% |
Portugal | 73.4 | 22.4 | 22.8 | 248 | 50.1% |
China | 568 | 299 | 300 | 244 | -24.5% |
El Salvador | N/A | N/A | 142 | 177 | 24.6% |
Spain | 1,085 | 117 | N/A | N/A | -89.2% |
Others | 300 | 30.7 | 124 | 196 | -13.2% |
Total | 5,598 | 1,988 | 2,566 | 2,326 | -25.4% |
Top Suppliers of Mattress to the Dominican Republic in 2022:
- Portugal (11.3K units)
- United States (11.2K units)
- Mexico (4.9K units)
- China (3.2K units)
- El Salvador (1.9K units)
This report provides an in-depth analysis of the mattress market in the Dominican Republic. 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 31031230 - Mattresses of cellular rubber (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
- Prodcom 31031250 - Mattresses of cellular plastics (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
- Prodcom 31031270 - Mattresses with spring interiors (excluding of cellular rubber or plastics)
- Prodcom 31031290 - Mattresses (excluding with spring interiors, of cellular rubber or plastics)
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the mattress market in the Dominican Republic.
This report provides an in-depth analysis of the mattress support market in the Dominican Republic.
This report provides an in-depth analysis of the sleeping bag market in the Dominican Republic.
This report provides an in-depth analysis of the market for mattresses of cellular rubber or plastics in the Dominican Republic.
This report provides an in-depth analysis of the market for mattresses other than of cellular rubber or plastics in the Dominican Republic.
This report provides an in-depth analysis of the market for bedding and furnishing article in the Dominican Republic.
This report provides an in-depth analysis of the global mattress market.
This report provides an in-depth analysis of the global mattress support market.
Global Cellular Rubber Mattress Market Report 2018. This report provides an in-depth analysis of the global cellular rubber mattress market.
Global Spring Interior Mattress Market Report 2018. This report provides an in-depth analysis of the global spring interior mattress market.
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In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
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The global mattress supports market is expected to experience steady growth over the next seven-year period, driven by increasing demand. Market performance is forecasted to accelerate with a CAGR of +3.5% in volume and +5.6% in value, reaching 263M units and $27.4B respectively by the end of 2030.
Explore the top import markets for mattresses made of cellular rubber or plastics, including key statistics and market trends. Discover the leading countries and their import values according to IndexBox market intelligence platform.
Explore the top import markets for mattresses in the world and discover key statistics and import values. Find out which countries lead the global market and why. Gain insights on market trends and dynamics using the IndexBox market intelligence platform.
The global mattress market is expected to reach $51.4 billion in 2030, growing with a CAGR of +3.0% from 2022 to 2030.
In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>