Over the last few years the furniture industry in Ukraine demonstrates a steady growth. Ukraine, being the geographical centre of Europe, having a large resource base combined with a free trade agreement with the EU, has all the prerequisites to become the European centre of the furniture business.
Ukraine has a full cycle of furniture industry – from logging to producing wood-based panels to manufacturing finished products.
Almost 16% of the territory of Ukraine is covered by forests. The highest concentration of forests is in the north and west of Ukraine (predominantly pine, beech, oak and spruce). Total area of forests amounts to 9.5 million ha (9th place in Europe). Ukraine produces about 20 million cubic meters of timber annually and is able to fully meet the needs of Ukrainian furniture manufacturers.
Lumber and wood-based panels
The furniture industry is a heavy consumer of wood-based panels, such as plywood, MDF (medium-density fibreboard) and OSB (oriented-strand board). All of these panels are produced in Ukraine, including by such global brands as Kronospan and Swiss Krono.
The structure of Ukrainian furniture production is as follows:
- Upholstered furniture 21%
- Office furniture 13%
- Kitchen furniture 10%
- Other furniture and components 56%
Demand for high quality and comparatively cheap Ukraine’s furniture is gaining momentum in Ukraine, as well as in Europe. In 2019, Ukraine’s exports of furniture increased by 7.8% compared to 2018, amounting to USD 674.3 million. More than 80% of Ukraine’s furniture goes to EU countries.
For latest news on Ukraine’s furniture industry please refer to Ukrainian Association of Furniture Manufacturers