Poland’s booming furniture industry hit by soaring wood prices and consumer belt tightening
Poland is one of the world’s top five exporters of furniture, but the industry – which accounts for 2% of national GDP and employs around 200,000 people – struggled in 2022 and is fearful over itsf future.
During the pandemic, Poland’s furnituremakers flourished, as people focused on home improvements during lockdown. However, that boom has now ended and the industry suffered a difficult 2022.
The global economic crisis triggered by Russia’s invasion of Ukraine, which fuelled growing inflation
During the pandemic, Poland’s furnituremakers flourished, as people focused on home improvements during lockdown. However, that boom has now ended and the industry suffered a difficult 2022.
The global economic crisis triggered by Russia’s invasion of Ukraine, which fuelled growing inflation