Furniture exports forecasted to expand by 15 percent in 2011

Newsroom 07/09/2011 | 14:55

Furniture exports could register a 15 percent increase in 2011 compared to the previous year. The local furniture production will follow the same growth pattern gaining 5 to 6 percent, according to Agerpres newswire that quotes Aurica Sereny, the president of the Romanian Furniture Manufacturers Association.

The export of furniture in the first 5 months of 2011 gained 18 percent reaching EUR 572 million compared to the similar period of 2010. A further increase of 15 percent is expected by the end of 2011. The local furniture market increased by 12 percent in the first five months of 2011 versus the similar period of 2010, and a further increase of 5 to 6 percent should be expected by the end of this year. The figures were provided by Aurica Sereney at the inauguration of the International Furniture Fair, organized at Romaero, Baneasa.

Sereney also mentioned that the main furniture export markets for Romania are Germany, France, Italy, the UK and Holland. In the first five months of 2011, the industrial production of furniture totaled EUR 789 million, according to data gathered from Romanian manufacturers.

Ovidiu Posirca

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