Furniture Market, Romania, 2004-2013

Furniture Market
June, 2009
In 2009 the furniture retailing in Romania will drop by 27% to ~ € 820m, less than the value recorded in 2005. Imports have an accelerated growth rate, higher than production and exports. During 2004 - 2008, imports had an CAGR 
of 33%, while production of 5% and exports of 7%. It is worth mentioning that in 2008 production fell by 16% and in 2009 will drop deeper. The launching of Ikea and Kika stores in Romania has made few changes in the competitive environment. Completed in July 2009, the report “Furniture Market, Romania, 2004 – 2013” provides a detailed image of the market.