Wood-furniture, from Lombardy to Veneto: the numbers of the supply chain

(Teleborsa) – Lombardy on the top step of the podium, among the Italian regions, for wood-furniture, in terms of turnover, exports, number of companies and employees also in the furniture sector. Its turnover amounts to 10.8 billion euros, divided between wood (3.9 billion) and furniture (6.9 billion). There are just over 8,600 companies of which over 4,600 in furniture (54%) and almost 4,000 in wood (46%), whileand there are more than 53,000 employees, of which almost 33,000 in furniture and just over 20,000 in wood.As regards exports, despite a slowdown (-2% compared to 2022) Lombardy is also the first region (with a share equal to 30% of the total) in terms of exported value of the supply chain: 4.9 billion euros in 2023 of which almost 4.3 billion euros for furniture (87% of the total). The trade balance is clearly positive (just under 2.8 billion euros).

61% of the furniture production turnover in Lombardy is destined for export (3.4 billion euros in 2023, a slight decrease, (-1.9% compared to 2022) reaching more than 180 countries.

There France, with a growth of 3.3% over 2022, returns to being the first destination for furniture while the United States (first non-EU destination) drops to second place and marks a -9.7%, while Germany is in third, recording -3.3%. Very positive trends towards the United Kingdom (+14.9%) and the United Arab Emirates (+28.2%) and, outside the main destinations, Saudi Arabia (+20.8%) in 13th position and India (+16.3 %) in 21st place.

The most significant decline, among the main destinations, was recorded towards China (-13.3%); 52% of Italian furniture exports arrive in China from Lombardy. Also GJapan, in 12th place, is -18.9% compared to 2022.

For the Wood-Furniture Supply Chain, second position among the regions for Veneto, both in terms of turnover of 8.2 billion euros, of which 6 for furniture and 2.2 for wood, and in terms of number of companies (6,400) and employees (45,000). The trade balance is 2.3 billion euros.

While he won first place for the Mobile, both in terms of turnover (5.5 billion euros) and number of employees (over 28,100 employed). Second, behind Lombardy, in terms of number of companies (3,166). As regards the export of the LA supply chain, Veneto is at 3.9 billion euros (equal to 23% of national exports) of which 3.5 billion for furniture and just under 418 million euros for wood. The largest contribution is made by the Furniture sector, exporting 3 billion euros, with a trade balance of 2.7 billion euros.

55% of Mobili in Veneto’s turnover is destined for foreign countries, reaching more than 170 countries. France confirms itself as the main reference market among destinations, growing by +3.4% over 2023.

Friuli Venezia Giulia, with a production of approximately 4.9 billion euros, the third region in terms of turnover in the Wood-Furniture Supply Chain, of which approximately 1.3 billion for wood and 3.6 for furniture. There are 1,709 companies of which 958 in the furniture sector, while the employees are 19,382, the majority employed in the furniture sector (14,588). Friuli-Venezia Giulia which is also the third region in terms of exported value production chain with a value of 2.2 billion euros, recording the most significant decline (-10.1% compared to 2022) among the top five regions. The trade balance is 1.7 billion euros.

Furniture exportsthey are equal to just under 2 billion euros (16% of the total) and have suffered a decline of 10.2%: The United Kingdom, down 9%, confirms itself as the first destination for exports of Friulian furniture while the United States United, even though they recorded the highest decline (-16.3%), maintained second place. France is third at -5.8%, Germany fourth at -2.2%, Spain, in fifth position, bucks the trend with +3.6%.

(Teleborsa) 17-04-2024 11:08