MINSK, 13 December (BelTA) – In 2018 furniture output in Belarus may reach roughly $612 million, 60.6% up from 2013, the press service of the Belarusian timber, woodworking, pulp and paper industry concern Bellesbumprom told BelTA after an IKEA business forum took place in the China-Belarus industrial park Great Stone on 12 December.
Presenting the Belarusian furniture industry, Bellesbumprom Deputy Chairman Mikhail Kasko said that the number of furniture producers has more than doubled in the last three years, rising from 600 to 1,294. New Belarusian companies as well as foreign-owned ones are being set up while the existing enterprises are expanding and modernizing their manufacturing. In 2018 Belarus' furniture output is expected to reach some $612 million, 60.6% up from 2013.
Belarusian companies export over 80% of the furniture they make, 30 percentage points more than in 2013. The main target markets are Russia (50%), Poland (10%), and Kazakhstan. Deliveries to the European Union rise in a measured fashion. According to Bellesbumprom, furniture export exceeds furniture import by three times.
On the whole, the Belarusian furniture industry develops dynamically. The fact owes a lot to the accomplished modernization of woodworking enterprises.
