SPAIN – The Spanish kitchen furniture sector increases its exports and imports, reaching a favorable balance of EUR 25.55 million in the first quarter of 2023.
As reported by the AMC (Kitchen Furniture Association), between January and March 2023, Spanish kitchen furniture exports reached a value of EUR 49.54 million (up 5.97% compared to the same period 2022). Imports, meanwhile, grew by 33.69% to EUR 23.99 million. The result is a positive trade balance of EUR 25.55 million , although -11.30% lower than in the first quarter of 2022.
In the first quarter of 2023 (January-March), the main recipient countries of Made in Spain kitchen furniture were France, representing 61.5% of the total (+10% compared to last year) with a value of EUR 30.47 million; Portugal, with 12.52% (+21.40%) equivalent to EUR 6.20 million; and the United States, which, with a value of EUR 3.22 million, ranks third and represents 6.5% of the total (+28.3%). The United Kingdom, on the other hand, reached 1.49 million euros during the first quarter of 2023, a figure that represents 3.02% of the total, a significant drop of 45% compared to the same period in 2022.
Finally, we highlight the origin of the kitchen furniture that Spain buys abroad. Germany tops the list, with a value of EUR 7.95 million, representing 33.15% of the total (+8.4% compared to 2022). It is followed by Italy, with 19.74% of the total (+40.6%) materialized through EUR 4.74 million. France, on the other hand, is in third position with EUR 4.56 million in value, 18.99% of the total and a growth of 186.6% compared to the first quarter of 2022.
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