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Products Prices in The
UK & in Holland
Update from the UK
the recently concluded International Furniture Fair in Milan, The Centre
for Industrial Studies (CSIL) organised a seminar "World Furniture
Outlook". This event attracted participants from 25 countries
representing trade associations, private firms, consultants and numerous
furniture exports, currently worth around US$ 60 billion annually, are set
to expand in 2004 and 2005 and Ugo Finzi a senior adviser to CSIL said
that global furniture exports could grow to nearly US$ 68 billion by 2005.
to the meeting included representatives from Germany, Sweden, Italy,
United Kingdom, Spain, Denmark, France, Portugal, Norway, European Union
enlargement countries (Estonia, Cyprus), candidate countries (Bulgaria,
Turkey) and the Ukraine.
America was represented by Argentina, Brazil and Bolivia, and Asia by
important producer countries such as China, the Philippines, Indonesia and
Japan. Also present were operators from Australia, Canada and Egypt.
UK representative of the Association for British Furniture Manufacturers (BFM)
observed that furniture manufacturing is becoming more competitive in
Western Europe and the UK is no exception. Approximately 80% of the 12,500
UK furniture manufacturing companies employ less than 15 people, which
creates problems of scale economies.
furniture into the UK market is mainly from Europe and from Asia and the
UK market has become very price sensitive and retailers are very much
competing on price. Competitive margins are squeezed and many are now
looking to put into place a more effective supply chain with closer
relationships between manufacturers, retailers and also suppliers to the
industry. More manufacturers are now delivering goods direct to consumers
in order to compete with the import penetration.
a consequence of the successful penetration in the UK of imported
furniture, now, more than ever, the UK producers to look beyond the
domestic UK market and are looking at markets such as Western Europe and
North America. They are also trying to enter new emerging markets and, by
so doing, be a part of the global competition.
UK companies that are looking at overseas markets tend to supply mid to
high end products, since low-end mass market manufacturers cannot compete
well in international markets and they will continue a focus on the
UK trade sees the American markets offering the most potential at the
moment. The BFM organized the participation of 72 UK exhibitors at the
High furniture fair at end of April.
Russia market also seems to be quite interesting for UK top end quality
furniture, mainly for country home furnishing. Also, Western Europe and
the Middle East countries offer opportunities for middle to high products.
to a recent survey carried out by the British market research company AMA,
the UK market for bedroom furniture is expected to increase by 1 to 2%
this year. The increasing trend is forecast to continue up to 2007 with
growth rates of between 1 to 3%.
to the report, bedroom furniture accounts for almost 13% of total
furniture sales in the UK and the market segment of free standing bedroom
furniture represents the highest share. Consumer taste is basically
oriented towards contemporary, modern-style bedroom furniture made of pale
coloured wood; dark wood is less in demand. In the UK there are some 4000
manufacturing companies specializing in bedroom furniture.
Prices in the UK
and MDF in the UK
CopyRight 2004 Global Wood Trade Network. All