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The National Association of Furniture Industrialists and Exporters of Spain (ANIEME) has presented the report of foreign trade results of the Spanish furniture sector for the period January-June 2019.
The export of furniture manufactured in the Region of Murcia amounts to 39.4 million euros, which represents a growth of 5.3% compared to the first half of the previous year and 3.5% of the total exported nationwide.
With a volume close to 39.4 million euros, the Region of Murcia is at the end of the first half of 2019 in the 8th position of the Autonomous Communities ranking in terms of furniture exports, with an increase of 5.3% with respect to the results obtained in the same period of the previous year, and a 3.5% share of the total exported nationwide.
According to the data provided by ESTACOM, in the first half of 2019, the increases experienced, within the first 5 positions, by the Valencian Community (+ 10.2%), Catalonia (+ 7.4%) and Madrid (+16) stand out , 6%).
For its part, Catalonia maintains the 1st place in the ranking of CC.AA. Its share at the national level remains at 27.5% of the total exported compared to 24.9% of the Valencian Community.
Both communities total 52.4% of the total national furniture export, which means that currently more than half of the exported Spanish furniture has been manufactured in these two communities.
Other Autonomous Communities that have seen their exports grow in this period have been, among others, Murcia (+ 5.3%), Navarra (+ 27.9%) and Castilla-La Mancha (+ 26%).
On the negative side, highlight the declines in furniture exports from communities such as Galicia (-1.3%), Andalusia (-8.5%) or Aragon (-9.5%).
As for the furniture export destinations of Murcia in the period January to June 2019, they are shown in the following table on the most prominent markets and their evolution.
If we talk about destinations, it should be noted that more than half (52.5%) of the furniture exports of the Region of Murcia in the first half of 2019 are concentrated in two traditional markets such as France and the United Kingdom.
Point out the significant increase of 8.4% of sales to France in this period compared to the previous year, consolidating its position as the first destination and covering 43.4% of the total volume of furniture exported by the Region of Murcia.
To emphasize, therefore, that there is a high concentration in France as a destination for furniture exports from Murcia.
In second place, with 9.1% of the total exported, there is the United Kingdom with a decrease of 4% in the first half of the year, a possible effect of Brexit that is especially reflected on the products of the middle segment, including the upholstery, one of the main export products of Murcia.
Although with a lower percentage of the total, it is important to highlight the increase in exports to Portugal, which has become the third destination of furniture manufactured in Murcia with a growth of 6.9% during the first half of 2019. Point out that part of exports to Portugal have as final destination projects in Portuguese colonies of the African continent.
Highlight the diversification of markets to which Murcia furniture exports are heading with significant growth in countries such as China, which ranks 4th with an increase between January and June 2019 of 253.2%, which represents a 4.3% of the total furniture exported by the Region of Murcia in this period.
Another country to highlight is the Dominican Republic, in the 7th place of destinations with a growth of 794.1% in the first half of the year.
Algeria, with a significant decrease of 61.4%, occupies the 9th position in the ranking.
Despite the restrictions and barriers to the importation of furniture from Algeria, which affect different items of the furniture sector, the furniture for hotel projects has no tariff thanks to the measures of the Algerian Government to support the development of tourism in the country.
In this sense, the manufacturers of Murcia furniture for hotel projects and public spaces have the potential to grow in their sales to Algeria through this channel.
For its part, the United States ranks 10th in the ranking with an increase of 7.5% between January and June 2019.
Ireland, Italy, Israel, Qatar and Cyprus are other markets in which sales of furniture manufactured in Murcia are growing, within the top 15 positions in the ranking.
According to statements by the President of ANIEME, Juan Carlos Muñoz, "the 5.3% increase in furniture exports from Murcia during the first half of 2019 highlights the great effort that we are making the furniture manufacturers in the Region.
During this period, traditional markets for our sector such as France or Portugal have been strengthened with significant increases in exports to these destinations.
Also noteworthy is the positive evolution of China, Ireland and the Dominican Republic, which are ranked 4th, 6th and 7th in the general ranking of destinations.
Also note that the United States has increased its furniture purchases made in Murcia by 7.5% during the first half of 2019.
On the contrary, the United Kingdom presents a 4% decrease, possibly affected by the commercial consequences of Brexit, which is not good news, because it is the second destination of Murcia furniture sales abroad.
From ANIEME we trust that the positive general trend of the first semester will remain until the end of the year and that it will allow us to close the 2019 fiscal year with satisfactory data, contributing to the maintenance of the sector and the economy of the Region of Murcia. "
Source: ANIEME
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