Citing Fordaq, the world's largest trading data platform for wood products, in the first nine months of 2021, the sales of German furniture manufacturers increased by 2.7% to 12.7 billion euros (about 91.8 billion yuan).
u3000u3000 Divided by furniture structure type and function, as of the end of September, the sales of kitchen furniture manufacturers increased by 10.8% year-on-year to 4.2 billion euros; the sales of upholstered furniture manufacturers increased by 13.3% year-on-year to 745 million euros. These two categories showed double-digit growth.
u3000u3000 The sales of office and commercial furniture manufacturers increased by 5.1% year-on-year to 2.8 billion euros; the sales of mattress manufacturers increased by 3% year-on-year to 569 million euros. These two categories show a single-digit growth.
u3000u3000In contrast, the sales of household furniture (including living room, dining room and bedroom furniture) and furniture component manufacturers fell 6.8% year-on-year to 4.3 billion euros.
Commenting on the performance of the furniture business in the first three quarters, Jan Kurth, Managing Director of the German Furniture Industry Association, said: "The furniture industry has achieved stable performance in this challenging environment. However, it is foreseeable that due to the value-added tax effect in the first half of the year. For other reasons, the performance growth in the second half of the year will be lower than that in the first half of the year."
u3000u3000 It is reported that as of the end of September, orders for the German kitchen furniture industry increased by 8% year-on-year, orders for upholstered furniture were relatively stable, while orders for civilian furniture fell by 12% year-on-year.
u3000u3000 In addition, in September 2021, the sales of 459 German furniture manufacturers reached 1.7 billion euros.
Specifically, the monthly sales of upholstered furniture manufacturers increased by 9.2% year-on-year; the monthly sales of office and commercial furniture manufacturers increased by 8.3% year-on-year; the monthly sales of kitchen furniture manufacturers increased by 2.9% year-on-year. The single-month sales of pad manufacturers increased by 0.5% year-on-year. However, the single-month sales of civil furniture and furniture component manufacturers fell 9% year-on-year.
u3000u3000 Looking forward to 2021, Jan Kurth, managing director of the German Furniture Industry Association, predicts that the sales of the German furniture industry will reach 17.2 billion euros.