DREMA-FURNICA-SOFAB FAIRS_POLAND: THE INDICATOR OF THE ECONOMIC SITUATION
The woodworking and furniture sectors have had some really good years behind them. Revenues have been rising in the sectors, as has profitability. Companies have invested heavily in the automation of production processes. Today, there are some threats lurking in the horizon. What is the future of the industry in the years to come? We will learn about it during the September's trade shows - Drema, Furnica and Sofab 2019.
The production of furniture and wood products is one of the fastest growing sectors of the Polish industry, withtotal sales worth as much as PLN 95 billion (data for 2018). Export estimated at EUR 11 billion constitutes a very large part of the overall sales. On the other hand, Polish companies operating in this area are beginning to feel the effects of depletion of production capacity and staff shortages. There is also more and more talks about economic slowdown in Germany and other EU countries, i.e. our main trading partners. The latest data presented by Drewno.pl shows that the 6-year boom in the sector of machinery and equipment for woodworking and processing is coming to an end. Automation of production and modernization of machinery may be the answer to the problems of the sector. There will be a chance to see the latest solutions and technologies of tomorrow in September, during DREMA/FURNICA/SOFAB 2019. Polish companies from the sectors are increasingly willing to establish foreign contacts and decide to expand. In recent years, both the import and export of carpentry machinery from Poland has been growing. The value of importing carpentry machinery to Poland in the last two years increased from USD 203 million to almost USD 250 million. Export, on the other hand, increased from USD 115 million to USD 165 million. Last year, the export of carpentry machinery to Germany increased from USD 65 to 92 million, i.e. by 41.5%. Until recently, Germany was followed by our eastern neighbors, i.e. Russia, Ukraine and Belarus, in this ranking. Currently, the USA has moved to second place (increase in export by more than 47%), and China is fifth.
For more information contact Mr Andrzej Półrolniczak, Director: