SPANISH FURNITURE TRADE
2012 JANUARY-SEPTEMBER REPORT

 JANUARY – SEPTEMBER 2012: SPANISH FURNITURE
EXPORTS, IMPORTS AND SECTORIAL BALANCE
According to ESTACOM statistics, from January On the import side, figures
to September 2012, Spanish furniture exports indicate that at the end of the
amounted to 1,054.5 million euros, which third trimester Spain’s furniture
represents an encouraging growth of 5.1%, if
compared to last year’s results for the same imports decreased sharply by
period. 13.7%, amounting to 1,505.8
2011 2012 % 12/11
euros against 1,744.1 million
euros of previous year.
January 87.8 94.9 8.1%
February 102.3 108.2 5.8%
March 128.6 133.9 4.1% Import and export figures
April 104.4 109.0 4.4% reveal that the deficit of the
May 121.1 134.8 11.4% Spanish trade balance for this
June 107.4 122.1 13.6%
July 116.5 130.6 12.2%
period amounts to -451.3
August 118.8 108.2 -9.0% million euros, while the
September 116.2 112.8 -2.9% import/export coverage ratio
January- 1,003.1 1,054.5 5.1% makes up 70.0%.
September
in million euros Source: ESTACOM
ANIEME - Spanish Association of Furniture Manufacturers and Exporters

 MAIN MARKETS FOR SPANISH FURNITURE
France, Portugal, Germany, Italy and United Kingdom are the main Spain’s
furniture purchasers in the period January-September 2012.
Although almost all European markets have recorded a sharp setback due to
the general decline of their domestic consumer demand, EU countries
maintain their leading position among major Spain’s furniture purchasers.
Furniture sales to top five importers made up 55.1% of total exports.
Looking at major markets, France, whose furniture purchases from Spain
amounted to 293.6 million euros, stands out as the top importer of Spanish
furniture. With a share of 27.8% of Spanish exports, France consumes as
much Spanish products as Portugal, Germany, Italy and United Kingdom
altogether (27.2%).
A country where Spain is doing particularly well is Russia, that ranks now 7th
among main Spain’s clients – just behind 5 EU countries and Mexico- with a
+37.8% increase in furniture purchases from Spain.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters

 Ranking of main destination markets for Spanish furniture exports
Countries JAN-SEP % OF TOTAL % VARIATION
2012 EXPORTS 12-11
France 293.5 27.8% 11.1%
Portugal 125.8 11.9% -20.1%
Germany 73.5 7.0% -0.2%
Italy 45.6 4.3% -11.9%
United Kingdom 42.2 4.0% -14.5%
Morocco 35.1 3.3% 4.9%
Russia 34.0 3.2% 37.8%
USA 30.7 2.9% -0.6%
Mexico 21.6 2.1% 1.4%
The Netherlands 21.1 2.0% 19.3%
Saudi Arabia 20.7 2.0% 24.1%
Belgium 20.0 1.9% -1.7%
Poland 13.5 1.3% -2.7%
Switzerland 11.5 1.1% 5.6%
United Arab Emirates 11.4 1.1% 2.8%
in million euros Source: ESTACOM
ANIEME - Spanish Association of Furniture Manufacturers and Exporters

 MAIN TRENDS IN SPANISH FURNITURE EXPORTS
On the whole, it should be pointed out that Spanish furniture sales have shown an upward trend during
2012 first nine months. Encouraging results have been registered above all in some African and Latin
American emerging markets. If Morocco, that ranks 6th among main markets, has increased its furniture
purchases only by 4.9%, in other African countries Spain has registered better performances with exports
to Equatorial Guinea, Angola and Algeria having increased by +35.6%, +82.2% and +48.8%, respectively.
Spain’s furniture exports have picked up also in some Latin American countries, such as Venezuela
(+175.5%), the Dominican Republic (+39.5%) and Brasil (+116.3%), due to the growth of the real estate
and hospitality sectors in these countries.
To compensate the decrease of sales to most EU main markets, Spain’s furniture exports have gained
positions in Northern and Eastern Europe. Exports to Netherlands and Switzerland have risen sharply by
+19.3% and 5.6%. Having increased its purchases by 37.8%, Russia confirms itself as a promising market
for Spanish furnishing products, ranking now 7th among main destinations.
Spain’s furniture is also highly appreciated in the Middle East, where exports to Saudi Arabia, that ranks
11th, have grown by 24.1%. Purchases from EAU and Qatar have increased by +2.8 and + 15.2%.
On the other hand, between January and September 2012, exports to United States (-0.6%), Belgium
(-1.7%), Poland (-2.7%) and Turkey (-22.8%) have registered the most significant negative results.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters

 IMPORTS
As far as the main furniture supplier countries are concerned,
China, whose furniture purchases from Spain amounted to
358.7 million euros (-14.8%), consolidates itself as the main
origin market, concentrating almost the 24% 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, all Spain’s furniture suppliers have
registered negative results, due to the drop of Spain’s
domestic demand.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters

 Main furniture trading partners: origin of furniture imports
Countries JAN-SEP % OF TOTAL % VAR. 12-11
2012 IMPORTS
China 358.7 23.8% -14.8%
Portugal 195.6 13.0% -17.7%
Germany 179.5 11.9% -10.5%
Italy 151.7 10.1% -11.7%
France 111.2 7.4% -6.5%
Poland 87.2 5.8% -24.2%
Romania 34.7 2.3% -16.6%
Czech Republic 33.5 2.2% -25.8%
Morocco 30.8 2.0% 22.9%
Lithuania 24.7 1.6% -3.7%
in million euros Source: ESTACOM
ANIEME - Spanish Association of Furniture Manufacturers and Exporters

 RESULTS BY AUTONOMOUS COMMUNITIES (REGIONS)
Looking at results by Autonomous Communities (Regions),
Catalonia (+3.6%) keeps on playing a leading role in the
national furniture exports. The Valencia Community, that
ranks second, is gaining positions with furniture exports
registering an encouraging +14.6% increase. It is worth to
point out that both Communities represent 51.8% of the
national furniture exports, showing that sales to foreign
markets are largely concentrated in only two regions.
With exports amounting to 31.9 million euros, Murcia, one
of the main Spain’s furniture producer cluster, ranks now
ninth.
ANIEME - Spanish Association of Furniture Manufacturers and Exporters