Belgium: furniture imports continue to decline in Q4

Imports from Germany decline at above-average rate by one-fourth

Belgian furniture imports from Germany declined by 23% to €62.7m (Oct.-Dec. 2022: 81.4m) in the fourth quarter of 2023. Following an 8% increase in the first quarter, imports from Germany already declined at double-digit rates year-on-year in the second (-13%) and third (-12%) quarters. According to Belgian industry...

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