{"id":75522,"date":"2018-04-24T11:40:36","date_gmt":"2018-04-24T11:40:36","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/eu-domestic-furniture-sector-sales-recovers-2017\/"},"modified":"2025-09-19T08:47:54","modified_gmt":"2025-09-19T08:47:54","slug":"eu-domestic-furniture-sector-sales-recovers-2017","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/eu-domestic-furniture-sector-sales-recovers-2017\/","title":{"rendered":"EU domestic furniture sector sales recovers in 2017"},"content":{"rendered":"

The biggest shift in the EU furniture sector in recent years has come in the degree of market self-sufficiency, with European manufacturers taking more of their domestic national and intra-EU trade. Further underlining their growth and increasing competitiveness, they are also exporting more.<\/em><\/p>\n

According to the European Furniture Industries Confederation, the sector was hard hit in the international downturn from 2007, seeing turnover fall from euro136 billion to euro90 billion and shedding 280,000 jobs. Since then, however, it has seen sales recover to euro96 billion and its workforce to rise to over 1 million again.<\/p>\n

In 2010, EU furniture suppliers achieved intra-EU trade turnover of euro 15.3 billion from, while exports were valued at euro 6.4 billion and imports at euro 5.9 billion, delivering a euro 500,0000 trade surplus. By the end of 2017 the intra-EU trade figure had jumped 26% to euro19.2 billion, while exports hit euro 8.8 billion. With total imports having grown only to euro 6.3 billion, this pushed the trade surplus to euro 2.5 billion in 2017, five times the level of 2010.<\/p>\n

Several reasons are given for the success and development of the EU furniture industry. One is the maturing of investment from Western Europe into manufacturing in former Soviet bloc Eastern European countries, led by big brands such as IKEA. From being principally production satellites for companies like the latter, the plants are reported increasingly to have developed their own identity and market momentum.<\/p>\n

An illustration of this is the latest market development project from the American Hardwood Export Council (AHEC). As part of its strategy to grow European sales of US red oak, it has linked with leading Polish furniture designer Tomek Rygalik. He has worked with leading international labels, including IKEA, and is now design director for major Polish producers Paged and Comforty.<\/p>\n

In the AHEC project, Tomek Rygalik is creating a US red oak furniture collection, which the Americans hope will not only sell well and help promote the species in Poland itself, but also in the latter\u2019s Western European furniture export markets. The goal is also to fire the interest of other Polish designers.<\/p>","protected":false},"excerpt":{"rendered":"

The biggest shift in the EU furniture sector in recent years has come in the degree of market self-sufficiency, with European manufacturers taking more of their domestic national and intra-EU trade. 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