Middle East: Mattress Support Market 2024

Mattress Support Market Size in the Middle East

The Middle Eastern mattress support market rose markedly to $X in 2023, increasing by X% against the previous year. Overall, consumption showed a remarkable increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Mattress Support Production in the Middle East

In value terms, mattress support production expanded significantly to $X in 2023 estimated in export price. Over the period under review, production saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Mattress Support Exports

Exports in the Middle East

In 2023, overseas shipments of mattress supports decreased by X% to X units, falling for the second year in a row after three years of growth. In general, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, mattress support exports dropped dramatically to $X in 2023. Over the period under review, exports, however, showed a strong expansion. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey dominates exports structure, amounting to X units, which was approx. X% of total exports in 2023. The United Arab Emirates (X units) held the second position in the ranking, followed by Oman (X units). All these countries together held approx. X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to mattress support exports from Turkey stood at X%. At the same time, Oman (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. Turkey (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Turkey ($X) remains the largest mattress support supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, mattress support exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2023, which is down by X% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Mattress Support Imports

Imports in the Middle East

In 2023, mattress support imports in the Middle East totaled X units, picking up by X% compared with the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, mattress support imports skyrocketed to $X in 2023. Overall, imports, however, saw a perceptible slump. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X units, which finished at X% of total imports. Kuwait (X units) ranks second in terms of the total imports with a X% share, followed by Turkey (X%), Israel (X%) and Oman (X%). The following importers - Iraq (X units) and Yemen (X units) - each finished at a X% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2023. At the same time, Israel (X%), Yemen (X%), Kuwait (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Oman experienced a relatively flat trend pattern. By contrast, Iraq (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Kuwait (X p.p.), Israel (X p.p.), Turkey (X p.p.) and Yemen (X p.p.) significantly strengthened its position in terms of the total imports, while Iraq saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported mattress supports in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Israel (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, showed a slight slump. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Israel ($X per unit), while Yemen ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iraq (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform