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Austrian Furniture Market 2008

Furniture Made in Austria © photocase.com/zazou

© photocase.com/zazou

29. January 2009

As Germany being the biggest furniture market for Austria 22 renowned furniture producers from Austria could be found, once again, among the 1.000 exhibitors from around 50 different countries at he International Furniture Fair 2009 in Cologne . The Austrian furniture industry was represented by companies such as ADA , TEAM 7, Joka, and Wittman. It was a one-week business event, innovation trigger, and trend indicator in the furnishing industry. 

The furniture production in the first three quarters of 2008 amounted to EUR 1,94 bn.
According to Statistics Austria, the exports declined by 4,5%, and the imports grew by
2,4%. Compared to the same nine-month period as last year, Austrian furniture exports declined by 4,5% to a total amount of EUR 1,14 bn. The imports reached EUR 1,28 bn, whereby imports, once again, exceeded exports. This can be traced back to the fact that the goods produced by the foreign subsidiaries of Austrian companies are used in product finishing (re-import) in Austria , as well as the collapse of a number of export markets.
At the same time, the value of the exports within the EU-26 region was at 4 percent less
than the standard of the previous year, which was valued at around EUR 882 m. The main
market for Austrian furniture continues to be Germany , its neighbour, at EUR 433 m. This
is close to the standard achieved last year. Italy is in second place, with an export decline
of 6,4% (EUR 126 m). Like in 2007, the United Kingdom managed to place third within the
EU region. However, the country achieved a clear minus of 25 percent (EUR 50 m),
followed by Poland at around EUR 38 m. Switzerland managed to achieve approx. EUR 100 m (+1,8%), and thus, represents one of the most important export markets.
An antithetical trend, on the other hand, can be found in the export flows to the rest of
Europe – meaning the countries beyond the EU: an increase of furniture by 7,6 percent has
been exported to Croatia (EUR 20 m), and a slight 1,1 percent increase to EUR 18 m was
recorded to Russia .

The furniture market in Asia recorded, as in the previous year, a decline in exports by 12,5
percent, at around EUR 62 m, whereby the main market of Japan had to acquiesce a harsh
decline of 15,3 percent (EUR 29 m).
The decline in exports to America was especially notable during the development of the
first three quarters of 2008, namely a decline by 28,2 percent. The US furniture market
imported around 31,7 percent less furniture “Made in Austria ” (EUR 10 m).

Austrian Interior Design



Furniture import to Austria increased during the first nine months of 2008 to a total value
of EUR 1,28 bn. 85 percent originated from the EU: Germany was in first place with EUR
635 m (+4,4 percent), followed by Italy with EUR 105 m (-5,6 percent). As was in the
previous year, Poland once again took third place with EUR 81 m (+10 percent).
A slight decline can also be noted in furniture imports from the EFTA region (-1,8 percent)
in comparison to the reference period of the previous year. In contrast, the imports from
the rest of Europe to Austria increased by 15,8 percent (EUR 28 m) and the furniture
imports from China increased by a whopping 31,2 percent (EUR 73 m).

As Germany being the biggest furniture market for Austria 22 renowned furniture producers from Austria could be found, once again, among the 1.000 exhibitors from around 50 different countries at he International Furniture Fair 2009 in Cologne . The Austrian furniture industry was represented by companies such as ADA , TEAM 7, Joka, and Wittman. It was a one-week business event, innovation trigger, and trend indicator in the furnishing industry.
A click on on the link at the left above will lead you to an online showroom
displaying the newest products of the exhibitors.

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