Automotive Exports December 2022
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10-month<br />
Turkish furniture,<br />
paper exports<br />
outperform 2021<br />
figures<br />
Türkiye’s total exports of furniture, paper<br />
and forestry industry products have<br />
reached $6.92 billion (TL 128.75 billion)<br />
in the January-October period, with an<br />
increase of 24% compared to the same<br />
period of the previous year, data showed.<br />
While the increase in overall exports across<br />
the country was 15% in 10 months, there<br />
was a 24% increase in the furniture sector.<br />
With this rise, the sector almost reached<br />
the exports made throughout 2021 which<br />
was $6.99 billion, the data by the Istanbul<br />
Furniture, Paper and Forest Products<br />
Exporters’ Association (ORSİAD) showed.<br />
The share of the furniture industry,<br />
meanwhile, in this figure amounted to<br />
$3.93 billion with an increase of 13.9%.<br />
Erkan Özkan, head of the ORSİAD, said<br />
that although there were difficulties in<br />
supplying raw material all over the world,<br />
adding, however, that “our exporting<br />
companies were affected by this at a<br />
minimum level with the bilateral relations<br />
they have established.”<br />
He said they aim to reach $5 billion in<br />
furniture exports by the end of this year by<br />
maintaining the current success.<br />
Iraq took the lion’s share with $432.1<br />
million among the countries to which the<br />
furniture industry exported the most,<br />
followed by Germany with $333 million and<br />
Israel with $207.8 million.<br />
Meanwhile, Türkiye’s furniture exports to<br />
Qatar rose by 97% making it the country<br />
with the highest increase in exports this<br />
year.<br />
The most exported products of the sector<br />
in the said period were bedsteads and<br />
cradles for children, wooden furniture for<br />
dining and living rooms, metal furniture<br />
and compact furniture that can be turned<br />
into a bed.<br />
<strong>December</strong> <strong>2022</strong> 32