Philippines - Mattresses; of other materials, not cellular rubber or plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mattresses Other than of Cellular Rubber or Plastics in the Philippines - 2023
Contents:
- Price for Mattresses Other than of Cellular Rubber or Plastics in the Philippines (FOB) - 2022
- Price for Mattresses Other than of Cellular Rubber or Plastics in the Philippines (CIF) - 2022
- Exports of Mattresses Other than of Cellular Rubber or Plastics in the Philippines
- Imports of Mattresses Other than of Cellular Rubber or Plastics in the Philippines
Price for Mattresses Other than of Cellular Rubber or Plastics in the Philippines (FOB) - 2022
In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $179 per unit, picking up by 76% against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2013 an increase of 861%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($182 per unit), while the average price for exports to the United States stood at $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.2%).
Price for Mattresses Other than of Cellular Rubber or Plastics in the Philippines (CIF) - 2022
In 2022, the average import price for mattresses other than of cellular rubber or plastics amounted to $17 per unit, remaining constant against the previous year. In general, the import price, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 46%. As a result, import price attained the peak level of $41 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($89 per unit), while the price for Japan ($7.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+37.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mattresses Other than of Cellular Rubber or Plastics in the Philippines
In 2022, approx. 156K units of mattresses other than of cellular rubber or plastics were exported from the Philippines; with a decrease of -67.2% against the previous year. Overall, exports faced a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 4,953% against the previous year. The exports peaked at 748K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of mattresses other than of cellular rubber or plastics dropped sharply to $28M in 2022. In general, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 27,923% against the previous year. The exports peaked at $68M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Mattresses Other than of Cellular Rubber or Plastics in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 68.0 | N/A | 46.6 | 28.0 | -25.6% |
Indonesia | 0.2 | N/A | N/A | N/A | 0% |
United States | 0.1 | 0.1 | 2.0 | N/A | 347.2% |
Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Total | 68.3 | 0.2 | 48.7 | 28.1 | -25.6% |
Top Export Markets for Mattresses Other than of Cellular Rubber or Plastics from the Philippines in 2022:
- Netherlands (153.8K units)
- United States (0.3K units)
Imports of Mattresses Other than of Cellular Rubber or Plastics in the Philippines
Imports of mattresses other than of cellular rubber or plastics into the Philippines surged to 765K units in 2022, jumping by 17% compared with 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of mattresses other than of cellular rubber or plastics soared to $13M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
Import of Mattresses Other than of Cellular Rubber or Plastics in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.6 | 4.2 | 5.6 | 7.1 | 2.5% |
Malaysia | 1.4 | 0.4 | 0.6 | 1.2 | -5.0% |
Belgium | 0.1 | 0.1 | 1.7 | 1.0 | 115.4% |
Japan | 0.8 | 0.5 | 0.6 | 0.8 | 0.0% |
Hong Kong SAR | N/A | 0.2 | N/A | 0.1 | -29.3% |
Bangladesh | 0.2 | 0.9 | 0.1 | N/A | -29.3% |
Others | 1.4 | 1.5 | 2.2 | 2.6 | 22.9% |
Total | 10.5 | 7.8 | 10.8 | 12.8 | 6.8% |
Top Suppliers of Mattresses Other than of Cellular Rubber or Plastics to the Philippines in 2022:
- China (568.6K units)
- Japan (112.0K units)
- Belgium (17.8K units)
- Hong Kong SAR (13.4K units)
- Malaysia (13.0K units)
- Bangladesh (1.6K units)
This report provides an in-depth analysis of the market for mattresses other than of cellular rubber or plastics in the Philippines. 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:
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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