German kitchen furniture industry grows 17.6% in October

GERMANY - The German kitchen furniture industry increased sales by 17.6% in October to € 483.6 million, after low increases of 2.6% and 2.2%, respectively, in August and September.

813ALEMANIA2 1According to monthly statistics produced the VdDK (Association of the German Kitchen Furniture Industry), this was the second highest increase of the year to date.

A higher increase of 20.3% was achieved in April. In July, kitchen manufacturing in Germany reported growth of 17.1%, a similar level as in October.

The domestic market (+18.0% to € 291.1 million) and exports (+17.0% to € 192.5 million) contributed to growth in October. Exports to the Eurozone increased by 21.2% to € 148.1 million.

In the first ten months, consolidated sales of the German kitchen furniture industry increased by 6.2% to € 4.1 billion. Of this amount, € 2.4 billion was attributable to Germany, 4.8% more than in the previous year.

Exports rose by 8.4% to € 1.67 billion. Sales to the euro-zone countries increased by an average of 11% to € 1.27 billion over the ten month period and the export quota reached 40.6%.

Notifix-Logo-transparent-300px

NOTIFIX (r) is a registered trademark of Comfix S.A.S. NIT 830.067442-1.
Carrera 11 No. 82 - 38, Oficina 302, Tel. 571 312 304 6082
Bogotá, Colombia

Follow Us

Notifix-Google-icon

This website uses cookies. We use cookies to personalize content and ads and to analyze our traffic. We also share information about your use of our site with our advertising and analytics partners who may combine it with other information that you have provided to them or that they have collected from your use of their services. You consent to our cookies if you continue to use this website.