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The Furniture Industry in the United Kingdom Scenario

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The Furniture Industry in the United Kingdom Scenario THE FURNITURE INDUSTRY IN THE UNITED KINGDOM SCENARIO Multiclient Research COUNTRY REPORTS September 08 – R2413.UK HOME FURNITURE UPHOLSTERY MATTRESSES OFFICE KITCHEN APPLIANCES LIGHTING All CSIL publications are available for online purchase and immediate download from: http://www.csilmilano.com http://www.worldfurnitureonline.com Reports are also available in printed form. For further information, please contact: [email protected] CSIL Milano scrl 15 corso Monforte 20122 Milano Italy tel. +39 02 796630 fax +39 02 780703 © Copyright CSIL [email protected] – www.csilmilano.com SCENARIO The furniture industry in the United Kingdom COUNTRY REPORTS Report prepared by C. Pisa HOME FURNITURE Coordinated by A. Tracogna UPHOLSTERY MATTRESSES OFFICE KITCHEN APPLIANCES LIGHTING All rights reserved. Neither this publication nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise. Any such action is an infringement of the Italian Law (L.18 August 2000 n.248) and may give rise to a legal action for damages and may be prosecuted as a criminal offence. All information in this report is verified to the best of the author's and the publisher's ability. However, CSIL does not accept responsibility for any errors and/ or omissions resulting from any source and for any loss arising from reliance on it. CSIL Milano scrl 15 corso Monforte 20122 Milano Italy tel. +39 02 796630 fax +39 02 780703 © Copyright CSIL [email protected] – www.csilmilano.com The furniture industry in the United Kingdom CONTENTS 1. UNITED KINGDOM. FURNITURE INDUSTRY SUMMARY 1 2. FORESTRY RESOURCES, SEMI-FINISHED GOODS AND TECHNOLOGY 3 3. THE FURNITURE SECTOR: BASIC DATA 4 3.1. Furniture production 6 3.2. Furniture consumption 9 3.3. Furniture distribution channels 12 4. MAJOR FURNITURE MANUFACTURERS 14 5. INTERNATIONAL TRADE 49 5.1. Furniture exports 50 5.2. Furniture imports 53 6. IMPORT AND EXPORT TABLES 59 LIST OF FIGURES AND TABLES Table 1.1 United Kingdom. Economic indicators 1 Table 1.2 United Kingdom. Exchange rates 1 Table 1.3 United Kingdom. Real growth of furniture consumption: forecast 2 Table 1.4 United Kingdom. Main furniture trading partners 2 Table 2.1 United Kingdom. Production, exports, imports and consumption of the main semi-finished goods, 2000-2006. Thousands of cubic metres 3 Table 3.1 United Kingdom. The furniture sector: basic data, 2002-2007 4 Figure 3.1 United Kingdom. The openness of the furniture market, 2002-2007. Exports/production and imports/consumption ratios 5 Figure 3.2 United Kingdom. Furniture production, 2002-2007. Million Eur and annual percentage changes at current prices 6 Table 3.2 United Kingdom. Furniture production prices, 2002-2007. Annual percentage changes 7 Figure 3.3 United Kingdom. Furniture production by segment, 2002 and 2007. Percentage breakdown of value data 7 Table 3.3 United Kingdom. Furniture production by segment, 2002-2007. Million Eur 7 Figure 3.4 United Kingdom. Furniture consumption, 2002-2007. Million Eur and annual percentage changes at current prices 9 Figure 3.5 United Kingdom. Furniture consumption by segment, 2002 and 2007. Percentage breakdown of value data 10 Table 3.4 United Kingdom. Furniture consumption by segment, 2002-2007. Million Eur 10 Figure 3.6 United Kingdom. Home furniture sales by distribution channel, 2006. Percentage breakdown of value data 12 Table 4.1 United Kingdom. Major furniture manufacturers 14 Figure 5.1 United Kingdom. Furniture exports, imports and trade balance, 2002-2007. Million Eur 49 Figure 5.2 United Kingdom. Furniture exports, 2002-2007. Million Eur and annual percentage changes 50 Figure 5.3 United Kingdom. Furniture exports by segment, 2002 and 2007. Percentage breakdown in value 51 Figure 5.4 United Kingdom. Furniture exports by segment. Annual percentage changes at current prices 2007 on 2006 and average growth rates, 2002-2007 52 Figure 5.5 United Kingdom. Furniture imports, 2002-2007. Million current Eur and annual percentage changes 53 Figure 5.6 United Kingdom. Furniture imports by segment, 2002 and 2007. Percentage breakdown in value 54 Figure 5.7 United Kingdom. Furniture imports by segment. Annual percentage changes at current prices 2007 on 2006 and average growth rates, 2002-2007 55 Table 6.1 United Kingdom. Furniture exports by product, 2002-2007 60 Table 6.2 United Kingdom. Furniture imports by product, 2002-2007 60 Table 6.3 United Kingdom. Exports of furniture including parts by country and by geographical area, 2002-2007 61 10/09/2008 © Copyright CSIL This report is exclusively for consultation on the part of the purchaser. It may not be reproduced in I R2413.UK whole or in part by any means whatsoever without the prior written permission of CSIL The furniture industry in the United Kingdom Table 6.4 United Kingdom. Imports of furniture including parts by country and by geographical area, 2002-2007 61 Table 6.5 United Kingdom. Exports of furniture including parts by country and by geographical area, 2002-2007 62 Table 6.6 United Kingdom. Imports of furniture excluding parts by country and by geographical area, 2002-2007 62 Table 6.7 United Kingdom. Exports of furniture parts by country and by geographical area, 2002-2007 63 Table 6.8 United Kingdom. Imports of furniture parts by country and by geographical area, 2002-2007 63 Table 6.9 United Kingdom. Exports of upholstered furniture by country and by geographical area, 2002-2007 64 Table 6.10 United Kingdom. Imports of upholstered furniture by country and by geographical area, 2002-2007 64 Table 6.11 United Kingdom. Exports of non-upholstered seats by country and by geographical area, 2002-2007 65 Table 6.12 United Kingdom. Imports of non-upholstered seats by country and by geographical area, 2002-2007 65 Table 6.13 United Kingdom. Exports of bedroom furniture by country and by geographical area, 2002-2007 66 Table 6.14 United Kingdom. Imports of bedroom furniture by country and by geographical area, 2002-2007 66 Table 6.15 United Kingdom. Exports of kitchen furniture by country and by geographical area, 2002-2007 67 Table 6.16 United Kingdom. Imports of kitchen furniture by country and by geographical area, 2002-2007 67 Table 6.17 United Kingdom. Exports of office furniture by country and by geographical area, 2002-2007 68 Table 6.18 United Kingdom. Imports of office furniture by country and by geographical area, 2002-2007 68 Table 6.19 United Kingdom. Exports of other furniture by country and by geographical area, 2002-2007 69 Table 6.20 United Kingdom. Imports of other furniture by country and by geographical area, 2002-2007 69 Table 6.21 United Kingdom. Exports of furniture parts excluding parts of seats by country and by geographical area, 2002-2007 70 Table 6.22 United Kingdom. Imports of furniture parts excluding parts of seats by country and by geographical area, 2002-2007 70 Table 6.23 United Kingdom. Exports of parts of seats by country and by geographical area, 2002-2007 71 Table 6.24 United Kingdom. Imports of parts of seats by country and by geographical area, 2002-2007 71 10/09/2008 © Copyright CSIL This report is exclusively for consultation on the part of the purchaser. It may not be reproduced in II R2413.UK whole or in part by any means whatsoever without the prior written permission of CSIL The furniture industry in the United Kingdom 1. United Kingdom. Furniture industry summary Furniture production. Million Eur Furniture consumption. Million Eur 15000 15000 13,380 12,739 12,490 12,885 12,384 11,726 12500 12500 8,157 8,287 10000 8,993 7,976 8,349 8,506 10000 7500 7500 5000 5000 2500 2500 0 0 2002 2003 2004 2005 2006 2007 2002 2003 2004 2005 2006 2007 Furniture exports. Million Eur Furniture imports. Million Eur 15000 15000 12500 12500 10000 10000 7500 7500 5,444 5,406 5,757 6,071 4,532 4,748 5000 5000 2500 1,142 997 1,054 1,073 1,159 1,196 2500 0 0 2002 2003 2004 2005 2006 2007 2002 2003 2004 2005 2006 2007 Table 1.1 United Kingdom. Economic indicators Unit of measurement Value Ranking* Population Million 60 16 Area Thousand square km 244 31 Total GNP Eur billion 1,930 5 Per capita GNP Eur 31,983 9 Total Household Consumption Expenditure Eur billion 1,144 4 Data at Purchasing Power Parity (PPP) Total GNP at PPP US$ billion 2,148 6 Per capita GNP at PPP US$ 35,580 9 * Ranking of United Kingdom among 60 countries, last available year Table 1.2 United Kingdom. Exchange rates 2002 2003 2004 2005 2006 2007 Rate GBP/US$ 0.67 0.61 0.55 0.55 0.54 0.50 Rate GBP/EUR 0.63 0.69 0.68 0.68 0.68 0.68 Source: US Federal Reserve 10/09/2008 © Copyright CSIL This report is exclusively for consultation on the part of the purchaser. It may not be reproduced in 1 R2413.UK whole or in part by any means whatsoever without the prior written permission of CSIL The furniture industry in the United Kingdom Table 1.3 United Kingdom. Real growth of furniture consumption: forecast 2008 2009 1% 1% Exports/production ratio Imports/consumption ratio Exports / production Imports / consumption 100 100 80 80 60 60 42.7 43.3 44.7 45.4 36.6 40.5 40 40 12.7 12.5 12.6 13.2 14.0 14.1 20 20 0 0 2002 2003 2004 2005 2006 2007 2002 2003 2004 2005 2006 2007 Table 1.4 United Kingdom.
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