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Italy Wood Furniture Revenue Down to 38.1 Bln Euro for 2002
2002.12.16


Italy Wood Furniture Revenue Down to 38.1 Bln Euro for 2002
The revenue from wood furniture in Italy is expected to decrease to 38.1 bln euro ($38.4 bln) for 2002 from 38.8 bln euro ($39.1 bln) for 2001, the Italian Federation of Wood and Furniture Industries, Federlegno-Arredo, said on December 12, 2002.

Sales of wood furniture in Italy are expected to register a 0.7 pct year-on-year decrease and Italian exports of wood furniture to decrease by 3.1 pct year-on-year for 2002. Sales on the international markets may boost the revenue in the sector, Federlegno said. Italian exports of wood furniture to Russia totalled 274.5 mln euro ($276.8 mln) from January to August 2002, up 3.7 pct year-on-year.

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