Latvia Furniture Production Market Size
Last updated:
Source: Eurostat SBS and STS tables for NACE C31 furniture manufacturing, with Slovenia and selected non-standard country rows supported by national-source backend extensions where needed.
Source description: Annual Latvia furniture production turnover in million euro.
Table ID: industry/market_size/eu_furniture_production_turnover_yearly
Key findings:
- In 2023, Latvia furniture production turnover declined versus 2022, pointing to a softer reported production-market signal.
- The 2023 level is near the upper end of the reported range, showing a comparatively large production-market level.
- Over the last 5 years, production turnover increased from 2018 to 2023, showing a positive medium-term production signal.
Latest data:
| x_axis | value | source_basis |
|---|---|---|
| 2016 | 244.3 | annual_sbs_filler |
| 2017 | 259.7 | annual_sbs_filler |
| 2018 | 287.7 | annual_sbs_filler |
| 2019 | 289.3 | annual_sbs_filler |
| 2020 | 307 | annual_sbs_filler |
| 2021 | 435.1 | annual_sbs_filler |
| 2022 | 459.8 | annual_sbs_filler |
| 2023 | 409.9 | annual_sbs_filler |
Methodology: European Furniture Production Market Size Methodology
Latvia Furniture Production Market Size tracks the annual value of Latvian furniture manufacturing output. It is useful for analysts and management teams assessing Latvia's role in Baltic production, wood-based supply chains and export-oriented furniture manufacturing.
Market Context
Latvia combines a relatively small domestic furniture market with a production base connected to forestry, woodworking and regional export demand. That makes production turnover a useful signal of supply-side strength beyond local consumption.
Use the series with Latvia producer prices, trade indicators and Baltic peer markets to understand whether manufacturing scale is moving with demand, costs or export competitiveness.
