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Keyword: furniture

Germany: Short supply and rising wood prices due to massive exports to the US

The price of furniture and lumber in Germany has been rising for months. There are also massive delivery bottlenecks. Now [...]

EU wood furniture imports down 3% in 2020

EU wood furniture imports down 3% in 2020 Considering individual products, the dollar value of EU27+UK imports of wood [...]

World furniture consumption is estimated to decrease by -10% in 2020

Covid-19 has severely impacted global furniture trade growth – yet recovery is imminent, reports Milan’s Centre for Industrial Studies [...]

German furniture manufacturers are launching an export offensive to Scandinavian countries

   Despite the currently difficult environment the German furniture industry is continuing its export offensive.      [...]

IKEA loses 1.5 billion euros due to corona crisis despite surge in online sales

     IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]

IKEA to invest 150 million euros in Spain

IKEA announced an investment of around 150 million euros in the next 3 years in an expansion and transformation plan [...]

Indian government invests US$ 10 billion to build four major furniture industry clusters

Indian government intends to invest between 10 billion and 11 billion US dollars for the establishment of 3-4 furniture [...]

Italian wood furniture technology heavily impacted by COVID-19

According to the analysis of data collected by the Studies Office of Acimall, the Confindustria-member association representing the Italian [...]

China: Exports of plywood, wooden furniture down by more than 80% in Q1/2020

According to China Customs, in the first quarter of 2020, China’s plywood exports were 1.85 million cubic metres [...]

Italian furniture industry start to reopen factories

The Coronavirus strict government restrictions in Italy are gradually being relaxed.    Following the Prime Minister's [...]