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Romania:Furniture Production 80 Percent Exported |
Furniture Production 80 Percent Exported According to the Romanian Association of Furniture Manufacturers (APMR) the country's furniture exports in 2001 totalled US$ 500mil, accounting for 78% of total furniture production, while export growth of around 5% is expected for 2002. The domestic furniture market, meanwhile, was worth US$ 224mil in 2001, slightly down on the 2000 level of US$ 235mil, with imports accounting for about a third of the market. Imports are forecast to drop in the future as local manufacturers improve quality and variety, while overall production is expected to increase by around 75% by 2010, by which time exports will be worth US$ 800mil. There are currently 2,900 furniture factories in Romania but this is expected to decrease in the future as a result of consolidation in the industry. |
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