ST. PETERSBURG, Fla. – Chinese mattress imports, already trending sharply downward, dropped again in August, giving China just a 1% share of the U.S. mattress import market that month, a new report says.
Raymond James, an analyst firm which tracks the mattress industry in addition to several other industries, released the August mattress figures from the U.S. International Trade Commission. Its analysis of those figures is closely watched by bedding insiders. In its latest report, Raymond James noted that Chinese mattress imports in August were 7,068, a 99% decline from the year-earlier figures. That gave China a 1% share of the August mattress imports, a market it has dominated in recent years.
In January 2019, China had an 82% share of the mattress import market. That figure rose to 87% in February, fell to 64% in March and fell again to 39% in April and 33% in May. China’s June share was 9%, and that fell to 2% in July, according to the Raymond James analysis.
Substantial antidumping duties and tariffs on Chinese-made mattresses have combined to virtually eliminate China as a mattress importer, bedding observers say.
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