Furnishings exports up 15%

 In Home decor and furnishings, Manufacturing, News

Exports from Portugal’s home improvements, furnishings, and décor cluster Fileira Casa Portuguesa shot up by 15% in the first quarter of 2023 with expectations that exports will exceed €2.2Bn by the end of the year.

This is according to the CEO of the Portuguese Association of Furniture Industries and Similar (APIMA), Gualta Morgado on the eve of the third edition of Portugal Home Week which will bring all of the players in the home decoration and improvements sector together in Porto on June 15-16.
Last year, the cluster that represents furniture and furnishings, mattresses, textiles (carpets, curtains and upholstery etc), lighting and ceramics enjoyed its best year ever, with exports at €2Bn at the end of 2022. (+12%)
Last year sales as a result of the trade fair exceeded €10 million. APIMA told the business daily Negócios that the sector had a huge growth potential in markets like the USA and South Korea, adding that the USA has been the market which has most grown in recent years.
While these markets are still a long way off from achieving the levels of sales in the sectors two most important markets – Spain and France, the US is now the third most important export country for the sector.