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Turkey - Mattress Supports - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMattress Support Price in Turkey - 2023
Contents:
- Mattress Support Price in Turkey (FOB) - 2023
- Mattress Support Price in Turkey (CIF) - 2023
- Mattress Support Exports in Turkey
- Mattress Support Imports in Turkey
Mattress Support Price in Turkey (FOB) - 2023
In September 2023, the average mattress support export price amounted to $29.3 per unit, dropping by -3.2% against the previous month. In general, the export price, however, saw mild growth. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 15% m-o-m. Over the period under review, the average export prices reached the maximum at $32.0 per unit in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($54.8 per unit), while the average price for exports to the UK ($25.8 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Mattress Support Price in Turkey (CIF) - 2023
In September 2023, the average mattress support import price amounted to $46.6 per unit, picking up by 2.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in June 2023 an increase of 47% m-o-m. As a result, import price attained the peak level of $60.9 per unit. From July 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Lithuania ($48.6 per unit), while the price for Poland amounted to $45.7 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mattress Support Exports in Turkey
After three years of growth, overseas shipments of mattress supports decreased by -46.1% to 1M units in 2022. Overall, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 57%. As a result, the exports attained the peak of 1.9M units, and then declined sharply in the following year.
In value terms, mattress support exports shrank notably to $30M in 2022. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. As a result, the exports attained the peak of $65M, and then contracted notably in the following year.
Export of Mattress Support in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 13.1 | 17.3 | 19.8 | 17.6 | 10.3% |
United States | 8.4 | 12.7 | 20.0 | 6.1 | -10.1% |
Bulgaria | 0.2 | 0.3 | 20.3 | 4.2 | 175.9% |
Poland | N/A | 0.2 | 1.1 | 0.5 | 58.1% |
Others | 1.9 | 3.4 | 3.4 | 2.0 | 1.7% |
Total | 23.6 | 33.9 | 64.7 | 30.4 | 8.8% |
Top Export Markets for Mattress Support from Turkey in 2022:
- United Kingdom (615.7K units)
- United States (192.5K units)
- Bulgaria (125.7K units)
- Poland (18.7K units)
Mattress Support Imports in Turkey
In 2022, overseas purchases of mattress supports decreased by -6.3% to 32K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%. Over the period under review, imports hit record highs at 34K units in 2021, and then fell in the following year.
In value terms, mattress support imports surged to $1.3M in 2022. The total import value increased at an average annual rate of +13.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Mattress Support in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 3.2 | 6.1 | 325 | 623 | 479.6% |
Lithuania | 818 | 890 | 580 | 428 | -19.4% |
Norway | N/A | N/A | N/A | 172 | 0% |
Germany | 26.6 | 90.5 | 71.5 | 67.7 | 36.5% |
Italy | 7.4 | 33.8 | 15.0 | 16.6 | 30.9% |
United States | 0.2 | 77.5 | 24.2 | 16.5 | 335.3% |
Others | 63.3 | 30.4 | 112 | 18.3 | -33.9% |
Total | 918 | 1,128 | 1,127 | 1,342 | 13.5% |
Top Suppliers of Mattress Support to Turkey in 2022:
- Poland (20.3K units)
- Lithuania (9.3K units)
- Norway (0.7K units)
- United States (0.6K units)
- Germany (0.6K units)
- Italy (0.5K units)
This report provides an in-depth analysis of the mattress support market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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
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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.
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