Serbia Furniture Production Market Size
Last updated:
Source: Eurostat SBS annual NACE C31 furniture manufacturing benchmarks for Serbia through 2023; Statistical Office of the Republic of Serbia (RZS) monthly industrial production and producer-price signals for complete-year nowcasts from 2024 onward; ECB exchange rates for euro comparison values.
Source description: Annual Serbia furniture production market size in Serbian dinar, with a euro-adjusted comparison view.
Table ID: industry/market_size/eu_furniture_production_turnover_yearly
Key findings:
- In 2025, Serbia furniture production turnover declined versus 2024, pointing to a softer reported production-market signal.
- The 2025 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 2020 to 2025, showing a positive medium-term production signal.
Latest data:
| value_nominal_local | value_nominal | cur | source_basis |
|---|---|---|---|
| 49434.6 | 417.9 | RSD | eurostat_c31_sbs |
| 61528.8 | 521.9 | RSD | eurostat_c31_sbs |
| 66586.3 | 566.3 | RSD | eurostat_c31_sbs |
| 83163.3 | 707.3 | RSD | eurostat_c31_sbs |
| 97408.2 | 829.2 | RSD | eurostat_c31_sbs |
| 98525.4 | 840.3 | RSD | eurostat_c31_sbs |
| 97543.5 | 832.9 | RSD | rzs_monthly_nowcast_complete_year |
| 94286.4 | 804.4 | RSD | rzs_monthly_nowcast_complete_year |
Methodology: European Furniture Production Market Size Methodology
Serbia Furniture Production Market Size tracks annual furniture manufacturing turnover and helps boards, strategy teams and market analysts judge the scale of Serbia's furniture production base. The indicator is built for decisions about supplier capacity, sourcing exposure, export-market positioning and whether Serbian furniture manufacturing is expanding, stabilising or losing momentum.
Market Context
Serbia is a Southeast European furniture production market with domestic manufacturers, regional supplier links and exposure to EU demand. Production turnover is useful for furniture-company boards because it gives a structured view of the manufacturing side of the market: the value of output, the direction of factory activity and the size of the local supplier base that retailers, brands and contract buyers may depend on.
Use this indicator with Serbia producer prices, export data and retail demand measures to separate production scale from pricing effects and end-market demand. For analysts, the series helps screen whether Serbia is becoming a more relevant production location, whether recent growth is broad enough to support supplier development, and how the country compares with nearby furniture manufacturing markets such as Croatia and Romania.