Daily News / Global Trends / Market Analysis / Furniture / Statistics / Wood Products / Europe / Global
October 3, 2017
EU wooden furniture market more dependent on lower cost furniture produced in Eastern Europe
Analysis of Eurostat trade data reveals that internal EU trade in wood furniture, which increased 4% to Euro16.2 billion in 2016, continued to rise in 2017. This trend is driven both by the slow rise in EU consumption and by rising dependence of the internal EU market on manufacturers located in lower cost member states of Eastern Europe, particularly Poland, Romania, and Lithuania. The EU has maintained a trade surplus in wood furniture since 2011 when exports to non-EU countries overtook imports from outside the EU. This surplus remained broadly ...
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