The production value of the furniture manufacturing industry in the European Union increased by 2 billion euros (+1.93 percent) in 2018 in comparison to the previous year. With 105.4 billion euros, the production value thereby reached its highest value in the observed period. Notably, the production value in this industry continuously increased over the last years. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Production value of the furniture manufacturing industry in the European Union (28 countries) from 2014 to 2018
(in million euros)
The source adds the following information: 'Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.' Data coverage corresponds to Section C31 of CE Rev2.
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Eurostat. (March 22, 2024). Production value of the furniture manufacturing industry in the European Union (28 countries) from 2014 to 2018 (in million euros) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/547485/production-value-manufacture-of-furniture-eu-28/
Eurostat. "Production value of the furniture manufacturing industry in the European Union (28 countries) from 2014 to 2018 (in million euros)." Chart. March 22, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/547485/production-value-manufacture-of-furniture-eu-28/
Eurostat. (2024). Production value of the furniture manufacturing industry in the European Union (28 countries) from 2014 to 2018 (in million euros). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/547485/production-value-manufacture-of-furniture-eu-28/
Eurostat. "Production Value of The Furniture Manufacturing Industry in The European Union (28 Countries) from 2014 to 2018 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/547485/production-value-manufacture-of-furniture-eu-28/
Eurostat, Production value of the furniture manufacturing industry in the European Union (28 countries) from 2014 to 2018 (in million euros) Statista, https://www.statista.com/statistics/547485/production-value-manufacture-of-furniture-eu-28/ (last visited November 23, 2024)
Production value of the furniture manufacturing industry in the European Union (28 countries) from 2014 to 2018 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/547485/production-value-manufacture-of-furniture-eu-28/
