Nigeria - Mattresses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMattress Price in Nigeria - 2022
Contents:
- Mattress Price in Nigeria (CIF) - 2022
- Mattress Price in Nigeria (FOB) - 2022
- Mattress Imports in Nigeria
- Mattress Exports in Nigeria
Mattress Price in Nigeria (CIF) - 2022
The average mattress import price stood at $179 per unit in 2022, rising by 61% against the previous year. Over the period under review, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Singapore ($296 per unit), while the price for Denmark ($58 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+37.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Mattress Price in Nigeria (FOB) - 2022
In 2022, the average mattress export price amounted to $99 per unit, waning by -4.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 46% against the previous year. As a result, the export price attained the peak level of $134 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
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 United States ($540 per unit), while the average price for exports to Ghana ($67 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 the United States (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Mattress Imports in Nigeria
For the third year in a row, Nigeria recorded decline in supplies from abroad of mattresses, which decreased by -26% to 1.9K units in 2022. Overall, imports continue to indicate a sharp decline. The smallest decline of -4.4% was in 2021. Over the period under review, imports attained the peak figure at 7.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, mattress imports surged to $338K in 2022. In general, imports recorded a sharp slump. Imports peaked at $682K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Mattress in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 77.6 | 51.9 | 77.7 | 92.3 | 6.0% |
United States | 3.1 | 2.2 | 7.0 | 20.0 | 86.2% |
Italy | 200 | 19.1 | 18.2 | 19.0 | -54.4% |
Greece | 11.9 | 6.8 | 11.5 | 15.6 | 9.4% |
Denmark | 13.0 | 9.3 | 12.1 | 15.2 | 5.3% |
Germany | 16.0 | 10.0 | 13.2 | 13.6 | -5.3% |
Turkey | 0.8 | 61.0 | 6.7 | 10.9 | 138.8% |
Cote d'Ivoire | 30.1 | 9.8 | 7.5 | 10.5 | -29.6% |
Poland | 2.9 | 2.2 | 8.0 | 9.1 | 46.4% |
Singapore | 6.6 | 4.1 | 6.3 | 8.6 | 9.2% |
United Kingdom | 7.0 | 1.9 | 0.7 | 8.3 | 5.8% |
Portugal | 2.6 | 0.5 | 3.1 | 6.3 | 34.3% |
Netherlands | 21.2 | 5.7 | 5.1 | 3.5 | -45.1% |
Others | 289 | 72.6 | 106 | 105 | -28.6% |
Total | 682 | 257 | 283 | 338 | -20.9% |
Top Suppliers of Mattress to Nigeria in 2022:
- China (643.0 units)
- Denmark (261.0 units)
- United Kingdom (127.0 units)
- United States (119.0 units)
- Cote d'Ivoire (89.0 units)
- Germany (78.0 units)
- Italy (77.0 units)
- Greece (53.0 units)
- Turkey (43.0 units)
- Portugal (37.0 units)
- Netherlands (32.0 units)
- Poland (32.0 units)
- Singapore (29.0 units)
Mattress Exports in Nigeria
In 2022, exports of mattresses from Nigeria amounted to 2K units, stabilizing at the year before. Overall, exports, however, recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 0.3%. The exports peaked at 2.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, mattress exports reduced to $196K in 2022. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9%. Over the period under review, the exports hit record highs at $235K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Mattress in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Niger | 216 | 167 | 165 | 161 | -9.3% |
Benin | 6.7 | 3.7 | 10.0 | 12.3 | 22.4% |
Senegal | 3.6 | 7.0 | 12.7 | 10.1 | 41.0% |
Cameroon | 1.0 | 2.0 | 3.7 | 2.9 | 42.6% |
Others | 7.8 | 8.0 | 12.8 | 8.9 | 4.5% |
Total | 235 | 187 | 204 | 196 | -5.9% |
Top Export Markets for Mattress from Nigeria in 2022:
- Niger (1621.0 units)
- Benin (121.0 units)
- Senegal (103.0 units)
- Cameroon (30.0 units)
This report provides an in-depth analysis of the mattress market in Nigeria. 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:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- 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
-
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 Nigeria.
This report provides an in-depth analysis of the mattress support market in Nigeria.
This report provides an in-depth analysis of the cellular rubber mattress market in Nigeria.
This report provides an in-depth analysis of the spring interior mattress market in Nigeria.
This report provides an in-depth analysis of the sleeping bag market in Nigeria.
This report provides an in-depth analysis of the market for mattresses of cellular rubber or plastics in Nigeria.
This report provides an in-depth analysis of the market for mattresses other than of cellular rubber or plastics in Nigeria.
This report provides an in-depth analysis of the market for bedding and furnishing article in Nigeria.
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.
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>
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>
With hundreds of new devices launched annually, new gadgets do not evoke nearly as much consumer excitement as in previous years. At the same time, some commodities are often left out of the technological frenzy, managing to preserve their traditional
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>
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>