German furniture exports down 3.5% in November

16.02.2019 − 

Following an increase in October, German furniture exports declined again by 3.5% in November. According to the Association of the German Furniture Industry (VDM) increases were recorded for office furniture (+12.4%) as well as kitchen furniture (+3.8%). Decreases were recorded for all other segments, most significantly for shop furniture (-20.1%). Exports of mattresses (-16.0%), upholstered furniture (-11.9%) and living room, dining room and bedroom furniture (-11.1%) also declined. The decrease rates for other seating furniture (-5.5%) and miscellaneous furniture (-3.6%) were in the single-digit range. In the first eleven months of the year, total furniture exports had increased by 2.4%.

German furniture imports decreased by 6.8% in November, and therefore for the fourth consecutive month. In November a decline was recorded for all product groups except shop furniture (+22%) and office furniture (+5.0%). As per the end of November imports overall decreased by 0.6%. In the accumulated period, increases for office furniture (+9.2%), miscellaneous furniture (+3.6%) and mattresses (+0.3%) contrasted with declines for kitchen furniture (-10.4%), living room, dining room and bedroom furniture (-6.5%), shop furniture (-6.4%), upholstered furniture (-2.0%) and other seating furniture (-1.2%).

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