Good news for the Spanish furniture industry, as figures for 2013 reveal an encouraging trends towards the increase of exports ((+15.4%) and diversification of markets. Exports of made in Spain furnishing products keep on growing to traditional markets (France, Portugal, Germany and United Kingdom) as well as to Russia, the U.S.A., the MENA Region and to some Latin American countries: Mexico, Brasil, Chile and Panamá. Let’s discover more…

1. SPANISH FURNITURE TRADE
2013 ANNUAL REPORT

2.  JANUARY – DECEMBER 2013: SPANISH FURNITURE
EXPORTS, IMPORTS AND SECTORIAL BALANCE
According to ESTACOM statistics, Spanish
furniture exports grew at an annual rate of
+15.4% to 1,603 million euros last year.
in million euros Source: ESTACOM
On the import side, figures indicate that,
compared to 2012 results, Spain’s furniture
imports showed a slight increase by +0.2%
to 1.955,9 million euros.
Import and export figures
reveal that the deficit of the
Spanish trade balance for
2013 amounted to -352.7
million euros, while the
import/export coverage
ratio made up 82%.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters
2012 2013 % 13/12
January-December 1,389 1,603 15.4%

3.  MAIN MARKETS FOR SPANISH FURNITURE
In 2013, four UE countries, France, Portugal, Germany, United Kingdom maintained
their leading position among Spain’s major markets, making up almost 50% of total
exports.
With the exception of Italy, whose imports of Spain’s products dropped by -17%,
exports increased remarkably to all the other top ten importers. Netherlands, in
particular, registered the best result with an increase of +103.6%. Sales to United
Kingdom, which now ranks 4th, registered a rise by +32.7% due to the increase of the
prescriptions of Spanish furniture for interior design projects and to the re-export of
part of the furniture to other markets.
Having increased its purchases by +37.6%, Russia confirms itself as a promising market
for Spanish furnishing products, ranking now 5th among top importers from Spain.
Among main destination markets, significant increases have been also registered in
exports to the U.S.A. (+30%) and Saudi Arabia (+22,1%). High rates of increase in
minor markets, such as Mexico (+14%), Turkey (+69.7%), Qatar (+69%) or Brazil
(+50%), show the effort that Spanish companies put in expanding in less saturated
markets and in diversifying their client base.
Ranking now 9th, Morocco has almost reached the same amount of purchases as Italy,
which is one of the main traditional market for Spain’s furniture.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters

4. ANIEME - Spanish Association of Furniture Manufacturers and Exporters
 Ranking of main destination markets for Spanish furniture exports
in million euros Source: ESTACOM
0
200
400
600
2012
2013

5. On the whole, it should be pointed out that Spanish furniture sales have shown a
stimulating upward trend in 2013. Sales to most EU countries have increased significantly,
while Spain’s furniture exports have picked up also in the United States (+30%) and in some
Latin American countries, such as Mexico (+14%) and Brazil (+50%), due to the growth of
the real estate and hospitality sectors in these countries.
Spain’s furniture is also highly appreciated in the Middle East, with exports doing well in
Saudi Arabia, Turkey, UAE and Qatar. Sales to Turkey, in particular, rose dramatically by
69,7% to 22 million euros.
As for Africa, Equatorial Guinea expanded its purchases of Spain’s furniture by + 27.3%,
ranking now 17th.
The increase of exports to traditional as well as emerging markets reveals how hard Spain’s
companies are working to compensate the fall of domestic sales by strengthening their
presence in international markets. The ranks of destination markets shows also an
encouraging trend toward the diversification of markets in Europe, America, Africa and Asia.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters
 MAIN TRENDS IN SPANISH FURNITURE EXPORTS

6. As far as the main furniture supplier countries are concerned, China, whose
furniture purchases from Spain amounted to 410,9 million euros (-9.3%),
consolidates itself as the main origin market, concentrating the 21% of Spain’s
imports of furniture.
Four countries of the EU (Portugal, Germany, Italy and France) rank 2nd to 5th just
behind China, representing 42.4% of total imports.
As it can be observed, imports from Spain’s main furniture suppliers have
registered negative results (China, Italy, France). On the other hand, purchases
from minor markets registered better results, although volumes remain low.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters
 IMPORTS

7. ANIEME - Spanish Association of Furniture Manufacturers and Exporters
 Main furniture trading partners: origin of furniture imports
in million euros Source: ESTACOM
Countries Imports 2013 % of total
imports
% VAR.
13/12
China 410.9 21.0% -9.3%
Portugal 261.8 13.4% 1.3%
Germany 244.0 12.5% 4.9%
Italy 186.8 9.5% -5.5%
France 136.4 7.0% -5.2%
Poland 127.5 6.5% 9.2%
Czech Republic 69.7 3.6% 52.4%
Romania 63.4 3.2% 37.8%
Morocco 55.3 2.8% 34.8%
Slovakia 40.9 2.1% 57.5%
TOTAL 1.955.9 100% +0.2%

8. Looking at results by Autonomous Communities (Regions), despite its negative
result (-3,6%), Catalonia keeps on playing a leading role in the national furniture
exports. The Valencia Community, that ranks second and is diversifying its
destination markets , is gaining positions with furniture exports registering a
sharply increase (+24.5%) and totalling almost the same amount as Catalonia. It is
worth to point out that both Communities represent 48.9% of the national
furniture exports, showing that sales to foreign markets are largely concentrated in
only two regions.
Among main export regions, Galicia, Andalusia, Madrid and Aragon have also
registered significant increases.
With exports amounting to 50.2 million euros, Murcia (+14.1%), one of the main
Spain’s furniture producer clusters, consolidate its ninth position in the ranking.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters
 EXPORT RESULTS BY AUTONOMOUS COMMUNITIES (REGIONS)